Transport & Logistics
Singapore’s updated P2P policy bodes well for taxi operators
Big win for ComfortDelGro, the largest taxi operator in the city-state.
Singapore’s updated P2P policy bodes well for taxi operators
Big win for ComfortDelGro, the largest taxi operator in the city-state.
Separate COE category for private-hire cars 'possible': MOT
The next phase of the P2P sector review will be later this year.
7 new stations at Thomson-East Coast Line to start passenger service on 23 June
During its preview on 21 June, rides in the stations will be free.
Gov’t ‘open to’ reviewing proposed one-off vehicle population boost with increased user-based charges
User-based charges, however, can't prevent traffic congestion alone, said Minister Chee.
SG-MY land checkpoints record over 2.33 million crossing during CNY weekend
During the holidays, land checkpoints saw an average of 390,000 daily travellers.
MAN Energy Solutions opens $30m mixed-purpose facility in Singapore
Its Singapore office is its largest service hub outside Europe.
Mapletree Logistics Trust to acquire 3 logistics assets in Malaysia and Vietnam
The REIT estimates a $234m total acquisition cost.
ComfortDelGro posts 4.3% YoY higher net profit in FY23
Profit attributable to the company’s shareholders was $180.5m.
LTA to issue new CBT cards for eligible commuters
The new cards will be available from 18 March to 30 June.
SBS Transit taps ENGIE to cut fleet’s environmental impact
The fleet comprises over 3,500 buses and nearly 80 MRT and LRT stations.
SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23
With improved profit, the company recorded a 1.6% higher earnings per share.
Grab bounces back with US$11m profit in 4Q23
In 3Q23, the company recorded a loss of US$391m ($524.8m).
Aerodyne Group, DroneDash Technologies partner for cross-border drone delivery
Initial focus will be on delivery routes to Johor Bahru and Iskandar Malaysia.
Hong Kong draws on Singapore for modern, green port development
Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.
ComfortDelGro unit acquires UK-based CMAC Group for $135.4m
CMAC is a ground transport management and accommodation network specialist.
Hong Kong to enhance trade and logistics with new action plan
Strategy aims for greener, smarter port development.
LTA needs $40m to extend the system running adult EZ-Link cards to 2030
The CBT system for adult commuters will reach end-of-life in 2024.
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