Transport & Logistics

Growing taxi competition trims ComfortDelGro's long-term growth prospects: analysts
19 Aug 19
The new regulation on ride-hailing companies will not lessen strain on CDG's taxi business.
Luxury cars may buck decline in Chinese auto sales
16 Aug 19
Rise in upper-class population, high consumer confidence, and moderate inflation will spur high-ticket car purchases.
ComfortDelGro profits up 1.2% YoY to $75.9m in Q2
14 Aug 19
Its acquisitions in 2018 softened the impact from its weakening taxi business.
Faltering bike-share industry receives lifeline in SG Bike and Mobike tie-up
13 Aug 19
With 25,000 bikes set to be added to its fleet, SG Bike will soon hold the crown as the city’s largest bike-sharing operator.
Mobike to transfer bike share license to SG Bike
13 Aug 19
Once approved, 25,000 bikes will be added to SG Bike’s fleet and make it the city’s largest operator.
Singapore seeks to regulate ride-hailing operators
8 Aug 19
Licensing will be open for application on February 2020.
honestbee files for court-supervised restructuring process
5 Aug 19
The firm said that the move will help them increase existing efficiencies and bring down cost structure.
Jardine Cycle & Carriage profits down 1% to $553m in H1
5 Aug 19
It was hit by Astra’s underperforming agribusiness, information technology and automotive units.
Navigating ASEAN: overcoming challenges on Singapore's path to becoming top logistic hub
2 Aug 19
ASEAN is quickly gaining a reputation as an important trade hub, thanks to many factors at play.
SingPost profits climbed 37.2% to $25.68m in Q1
2 Aug 19
It sold off its GD Express warrants.
Grab and NTUC Income unveil pay-per-trip insurance plan for partner-drivers
1 Aug 19
Premium rates per trip can be paid at $0.10, $0.30, and $0.50.
Lay Ann Ong assumes leadership as honestbee's new CEO
1 Aug 19
Meanwhile, Jonathan Low, the last of the co-founders, submitted his resignation effective 11 July.
Grab pledges $2b in SoftBank funds into Indonesia
30 Jul 19
It aims to create a transport network featuring EVs and geo-mapping solutions.
Can air taxis take flight in Singapore's skies?
29 Jul 19
Passenger air vehicles are having trouble taking off because of the city’s good traffic conditions and regulations.
E-scooter startup Lime withdraws LTA application for sandbox license
29 Jul 19
The company decided to “reprioritise” efforts to meet global demand.
Industrial property occupancy rates inched up 0.6 pp in Q2
26 Jul 19
Multiple-user factory spaces recorded a 1.2 pp increase in occupancy to 87.2%.
Daily Briefing: Cycle & Carriage begins car leasing in Singapore; Influencer commerce platform RAENA secures $1.82m in funding round
25 Jul 19
And AI-powered retinal diagnostics company Leben Care Technologies raises undisclosed amount from IP Ventures.
Mapletree Industrial Trust's NPI grew 12.2% to $77.92m in Q1
24 Jul 19
New revenue contributions from 18 Tai Seng and 30A Kallang Place drove up earnings.
COE supply to fall by 17.7% for August-October
19 Jul 19
The quota will fall to 20,850 from 25,347 in May-July.
Can Keppel DC REIT achieve 7% cap rate level?
19 Jul 19
Some of its acquisitions have been delayed or taken off the market.
COE prices close with mixed results in latest bidding exercise
18 Jul 19
The prices of category E vehicles saw the highest increase of $5,406 to $39,406.
Keppel DC REIT's NPI up 19.9% to $86.49m in H1
17 Jul 19
Contributions from its Germany and Singapore acquisitions drove up its earnings.
Keppel Infrastructure Trust back into the black as Q2 profit hit $15.9m
16 Jul 19
Revenue ballooned to $418.02m from $142.9m in Q2 2018.
Ascendas India Trust to construct Indian warehouse for $42.1m
11 Jul 19
The warehouse will be leased to logistics firm Arshiya.
Jardine Cycle & Carriage appoints Alex Newbigging as CEO of Hong Kong automotive services unit
11 Jul 19
He will also be responsible of Jardine Strategic’s investment in Zhongsheng Group.
Frasers Property to merge industrial and logistics units
9 Jul 19
The platform will represent $5.4b of assets under management.
Singapore revs up engines for autonomous vehicle race
8 Jul 19
Check out its efforts vis-a-vis innovation-driven countries such as Germany and Korea.
What Singapore got right in urban mobility
8 Jul 19
It also has some points it can improve on, according to global policy experts.
SingPost trials longer delivery hours
8 Jul 19
It also looks to replace letterbox masterdoors with slam-shut versions to improve security.
COE prices closed with mixed results in latest bidding exercise
3 Jul 19
Category E vehicles saw the biggest premium decline of $2,499 to $36,901.
India's car sales to accelerate by 9.1% by end 2019
3 Jul 19
The results of the elections and consequent economic reforms are helping the market recover.
ABB clinches contracts to build electric bus charging facilities
2 Jul 19
The facility will recharge electric buses in less than ten minutes.
E-scooter firm Beam to provide insurance for riders
2 Jul 19
Riders in Malaysia, Singapore and New Zealand can access protection against accidents.
85,000 e-scooters registered before deadline: LTA
2 Jul 19
Nearly 1,000 registrations were recorded on the last day.
GIC joins consortium to acquire US railroad firm for US$8.4b
2 Jul 19
G&W owns a portfolio of 120 short line railroads across North America, Europe, and Australia.
GIC and Equinix tie up to develop six European hyperscale data centres
2 Jul 19
The six facilities will provide 155MW of power capacity when fully developed.
Grab scores additional US$300m investment from Invesco
27 Jun 19
It eyes to raise $8.81b from June 2018 to end-2019.
Chinese passenger car sales may crash to 250,000 units by end-2019
24 Jun 19
Demand is likely to remain subdued in the second half of the year.
COE prices closed lower in latest bidding exercise
20 Jun 19
Category B vehicles saw the biggest premium decline of $3,822 to $35,906.
GIC eyes investing $1b in India's road assets
18 Jun 19
It looks to expand its presence in India’s infrastructure sector.

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