Transport & Logistics
Grab denies acquisition talks with GoTo
Danantara also denied involvement.
Gov’t acquires land from Malaysia for Woodlands Checkpoint extension
The expansion will take place in phases over the next 10 to 15 years.
Mapletree posts $637.4m profit in FY25
AUM also increased from $77.5b to $80.3b.
Fire risks, long charging lines hinder S’poreans from switching to EVs
The availability of EV-specific insurance is a key consideration when making the switch.
DHL opens $14.6m pharma hub in Singapore
The logistics center offers seamless connectivity to Changi Airport and Tuas Port.
NIO boosts EV deliveries by 13.1% YoY in May
Cumulative deliveries reached 760,789.
Chasen returns to profit with $33.2m gain for FY2025
Revenue rose by 22% YoY to $116.3m, whilst gross profit increased by 66% to $21.2m for FY2025.
SPX, Frasers Property Vietnam partner to build automated sorting centre in Hung Yen
Construction will start in Q3 2025.
Building height limits to rise near airports from August 2025
Other updates include faster bus shelter approvals and cheaper drone permits.
Grab launches first AI Centre of Excellence
It aims to accelerate AI-driven solutions that boost access, efficiency, and digital infrastructure.
SingPost taps Teo Swee Lian as chairman-designate
Her appointment took effect on 21 May.
Punggol Coast Bus Interchange to open on 29 June
It is integrated with Punggol Coast MRT station and Punggol Coast Mall.
FedEx, SingPost expand parcel drop-off service points at post offices
Acceptance points increased from six to 43.
ComforDelGro’s Q1 revenue rises 19.0% YoY
PATMI rose 16.4% YoY.
SingPost’s underlying net profit falls 40.3% YoY in FY 2025
Revenue stood at $813.7m, reflecting a 7.5% YoY decrease.
LTA enables Amex contactless fare payments for public transport
Commuters can now use Amex for transport with no extra fees.
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