Transport & Logistics

Ryde issues clarification after LTA's warning on their courier service
16 Aug 18
RydeSend will not include private-hire vehicles and taxis.
Daily Briefing: LTA says Ryde's soon-to-be-launched courier service illegal; Windy Height's price tag could drop by $50m in second en bloc attempt
15 Aug 18
And developers are trimming down condo prices by 5% to 10%.
Ryde to roll out door-to-door courier services
15 Aug 18
They eye to expand their network to around 140,000 motorcycles for the on-demand service.
Postponed HSR project could hurt property development in Malaysia
15 Aug 18
It could likely hit the residential and commercial property segments.
Bus business could uplift ComfortDelGro amidst rail operation losses
15 Aug 18
Its Bukit Merah bus contract will start by Q4.
Daily Briefing: Malaysian PM eyes tenfold water price hike for Singapore; Temasek joins US$135m funding for VC firm Openspace
14 Aug 18
And LTA seized bicycles and personal mobility devices in a move against errant retailers.
Daily Briefing: DBS and UOB's pay gap narrows down to $12,875; Grab enables passenger's photo sending
14 Aug 18
And Kingsley Mansion in Balestier Road is up for collective sale at $45.5m.
Singaporean ride-hailing firm Kardi teams up with India's Jugnoo to accelerate Singapore operations
13 Aug 18
Jugnoo will transfer its operations to Kardi as it improves their platform.
ComfortdelGro H1 profits fell 12.7% to $141.3m
13 Aug 18
Its taxi fleet revenue slipped 12% to $184.7m due to smaller operation.
Daily Briefing: MAS says GDP growth slowdown 'anticipated'; 12,600 homes to benefit from replacement of 280 lifts
13 Aug 18
And here's how Singaporeans can own homes in New Zealand.
11 defective trains repaired and returned to Singapore
10 Aug 18
They are part of the 26 trains shipped back to China for repairs.
Small car COE premium hits $33,798
9 Aug 18
Open COE premiums also rose to $33,420.
ComfortDelGro buys Australian bus operator for $111.1m
8 Aug 18
It also bought depot sites for $24.77m.
ComfortdelGro rolls out on-demand seat booking for their buses
6 Aug 18
It will allow multiple passenger bookings and store regular pick-up and drop-off points.
SingPost hit by $16.7m loss from e-commerce business
6 Aug 18
Projected breakeven has been pushed from 2020 to 2021 over "competitive pressures" in the US.
SingPost Q1 profits plummeted 40.4% to $18.72m
3 Aug 18
Its post & parcel and e-commerce segments performed poorly.
Daily Briefing: Singapore and Malaysia bourses hit by FTSE disruption; Ryde gets LTA's nod for taxi booking services
3 Aug 18
And here's how Google's new feature could help Singaporeans in job finding.
Singapore SMEs beat APAC counterparts in export earnings
2 Aug 18
Their average annual revenue hit US$1.75m which is higher than the APAC average.
Grab raises US$2b in recent funding round
2 Aug 18
Toyota was joined by investors like OppenheimerFunds and Ping An Capital for the round.
Daily Briefing: Singapore's tainted bunkers bolster inquiries for UAE's marine fuel; Hong Kong billionaire's firm eyeing to dual list in SGX
1 Aug 18
And Grab says fake-booking claims from Philippine rival ‘malicious'.
HDT Singapore Taxi secures operator licence from LTA
31 Jul 18
They will operate at least 800 e-taxis in 4 years.
UOB rolls out fully automated car loan application process
31 Jul 18
This cuts processing time from three days to 15 minutes.
Malaysia gives ‘in-principle' nod to $1.34b Johor-Singapore rail
31 Jul 18
The Cabinet is assessing costs and other final details.
Jardine Matheson Holdings H1 profits crashed 57% to US$928m
30 Jul 18
Jardine Pacific saw lower results from its restaurants and transport services.
Grab defends Uber merger amidst CCCS' monopoly verdict
27 Jul 18
They said that CCCS allowed other platforms to have exclusivity arrangements with their drivers too.
Deliveroo Singapore revenue up by 142.2% to $26.4m in 2017
27 Jul 18
It now has over 6,000 riders and 4,000 partners.
Ascendas REIT eyes 12 properties in UK
27 Jul 18
It will be the firm’s debut in the UK logistics market.
South Korean startup enters Singapore's ride-hailing scene
26 Jul 18
It is the first blockchain-based ride-hailing service in the world.
Daily Briefing: LTA buys 66 new trains for $1.2b; SGX and NSE patch wounds for GIFT City talks
25 Jul 18
And co-living rental startup Hmlet buys its Hong Kong competitor.
Shop ‘til it drops: Half of Singaporeans are ready for drone deliveries
25 Jul 18
Singapore is developing its air traffic control system for drones.
ComfortDelGro buys private bus chartering assets for $6.45m
25 Jul 18
The deal includes existing contracts, 72 buses, and associated drivers.
Grab halts rewards programme revamp over ‘customer unhappiness'
24 Jul 18
It changed its point policy and the perks of its membership tiers.
Mapletree Logistics Trust's net profit jumps 29.1% to $60.9m in Q2
24 Jul 18
Two Hong Kong acquisitions fueled its performance.
oBike's liquidators to hold meeting for creditors and users
24 Jul 18
They will provide updates on the company’s winding up.
LTA slams SMRT with $1.9m fine for fatal incidents in 2016 and 2017
22 Jul 18
Probes showed failure to follow operating procedures, resulting in two trainee deaths.
Daily Briefing: Malaysian PM says HSR on hold due to lack of funds; Parent company offers to make Wheelock shares private for $598m
20 Jul 18
And here's why the STI could be a casualty in the US-China trade wars.
ComfortDelGro to test 2 fully-electric taxis that charge for 30 minutes
19 Jul 18
It aims to bring costs down to a third of the price of diesel.
Keppel T&T Q2 profits jumped 137.8% to $25.96m
19 Jul 18
It gained from a dilution of its interest in an associated company.
Daily Briefing: Singapore economy could face ‘underlying' growth; 10 MRT stations to shorten operating hours from August to September
19 Jul 18
And here's why PUB fined Nicon Gardens in Chua Kang Road.
Grab and NUS open $6m AI lab
18 Jul 18
They will utilise Grab data to solve mobility issues in Southeast Asia.

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