Transport & Logistics

Ryde to launch $200m IPO
8 Mar 21
The riding app has appointed SAC Capital as financial advisor for the IPO to be listed through Catalist.
Neuron Mobility expands operations to Seoul
4 Mar 21
The company will deploy 2,000 Korean-spec e-scooters.
SBS appoints new CEO
2 Mar 21
Cheng Siak Kian has been the acting CEO since March 2020.
ComfortDelGro recovery underway: analysts
18 Feb 21
The group recorded a net profit of $61.8m for 2020.
Mapletree Logistics Trust to acquire five South Korea logistics properties
17 Feb 21
The proposed acquisition is priced at $334.8m.
EDB, ESG reveal Southeast Asia Manufacturing Alliance
9 Feb 21
It will give SMEs and suppliers connections to manufacturers in member industrial parks.
Daily Briefing: Construction of Jurong East Integrated Transport Hub to commence in Q2; OrderEZ lands $500,000 seed funding
4 Feb 21
And Robert Downey Jr’s venture fund invests in SG biotech startup RWDC.
Keppel Capital launches China logistics property fund
3 Feb 21
Its initial commitment is at around $288.8m (RMB1.4b).
Grab closes upsized US$2b term loan
3 Feb 21
The term loan is said to be the largest in the Asian technology sector.
AfA rolls out first driverless bus service in Singapore
29 Jan 21
The pilot programme is expected to end on 30 April.
LTA awards $34.3m contract for Downtown Line's Hume station
14 Jan 21
It covers the construction of an entrance, ventilation shaft, and fitting-out works.
TribeCar launches Super Economy car rental
7 Jan 21
Car rental will cost as little as $0.50 per hour.
Grab unlikely to break even until 2022
6 Jan 21
The company registered a negative EBITDA in 2019, and is expected to do the same in its 2020 results.
Singapore strengthens maritime sector COVID-19 regulations
4 Jan 21
Two new cases were recorded on 30 and 31 December 2020.
Investment firm Chasen secures $8.2m contracts in China, SEA
10 Dec 20
The new projects build on the momentum of Chasen’s business recovery.
Competitive intensity to decline for taxi industry: analyst
7 Dec 20
After years of disruption from ride-hailing apps, things may be about to finally settle for Singapore's taxis.
Singapore ranks second in global connectivity: DHL GCI
7 Dec 20
Six APAC countries have entered the top 30 in terms of overall connectedness.
Grab, Gojek make progress on merger terms
4 Dec 20
The talks are still fluid and may not result in a transaction.
URA, LTA launch pilot tender for electric vehicle charging points
1 Dec 20
They aim to have 200 public carparks to have EV charging points.
J&T Express opens third warehouse in Singapore
1 Dec 20
It has also accelerated its expansion plans for additional warehouses.
HDT retreats from its Singapore taxi business
30 Nov 20
HDT Singapore Holdings will shut its unique electric taxi business in Singapore, due in part to losses associated with the pandemic.
ComfortDelGro recovery in 2021 likely: analyst
25 Nov 20
Resurgence of COVID-19 cases still a threat for the company.
Keysight, NTU team up on hybrid V2X communications
24 Nov 20
The results will help realize smart mobility.
Grab set to impose platform fee on ride-hailing services
20 Nov 20
The new P2P regulatory framework leaves fare levels to be determined by market forces.
ComfortDelGro operating profit down 59.6% in Q3
13 Nov 20
All segments report lower revenue for the quarter.
Grab launches Indonesian Tech Center for MSME digitisation
11 Nov 20
Currently, only 16% of Indonesian MSMEs are digitised.
New incentives to cement Thailand as EV production hub
10 Nov 20
Incentives will drive renewed interest from automakers.
Singapore launches double-deck electric buses
30 Oct 20
The Land Transport Authority says it is committed to a 100% clean energy bus fleet by 2040.
Grab bolsters driver and delivery-partners' digital knowledge
27 Oct 20
A separate programme with Singapore Polytechnic is also available for tertiary students.
Ezion Holdings implements cost-cutting measures, disposes vessels
20 Oct 20
This is aligned with their announced restructuring plan.
New smart e-motorbikes Southeast Asia's answer to Tesla?
16 Oct 20
With US$3.3m in seed money, the company hopes to bring e-motorbikes to the mass market.
MAS, ABS, FHAS extend loan support measures to 2021
7 Oct 20
Clients who cannot make full repayments can apply for lowered installments.
SingPost adjusts pricing structure for deliveries
15 Sep 20
It will discontinue SpeedPost Economy in Singapore starting 15 October.
Rail to become a major driver of Thai transportation sector growth
31 Aug 20
The government is seeking to transform Bangkok into a regional railway hub.
Why digital supply chains have become vital considerations in 2020
7 Aug 20
Supply chain digitalisation and modernisation were the key focus areas in the From Turbulence to Triumph webinar, recorded on August 4....
SESTO Robotics unveils compact material-transport robot
6 Aug 20
The bi-directional commercial robot can carry up to 300kg of payload.
Drone startup clinches undisclosed funding from Royal Vopak NV
3 Aug 20
It will be used on expanding across Asia, Europe and the Middle East.
Drones to address productivity issues in aircraft maintenance
21 Jul 20
ST Engineering’s DroScan authorized to carry out general visual inspections.
Yongnam JV secures $320.4m contract to build Jurong Region Line
20 Jul 20
The firm will construct Toh Guan, Jurong Town Hall and Pandan Reservoir stations.
Carsome makes V-shaped recovery in June
16 Jul 20
It is said to have almost fully recovered its high transaction volume pre-lockdown.

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