Transport & Logistics

Jardine C&C underlying profit up 51% YoY to US$533m in H1 2022

This is supported by the higher contributions for Astra and THACO.

Jardine C&C underlying profit up 51% YoY to US$533m in H1 2022

This is supported by the higher contributions for Astra and THACO.

CLCT’s net income jumps 15.9% YoY to $139.5m in H122

The increase was due to strong contributions from CLCT’s business parks and logistics assets.

ComfortDelGro to acquire GoBus operator for $17.52m

The acquisition will make the company the third largest inter-city coach operator in Ireland.

Tesla kicks off first mass-market electric SUV in Singapore

Model Y and Model Y Performance will begin delivery next month.

Grab rolls out intercity bus travel service between SG and Malaysia

Users will now be able to purchase bus and ferry tickets in the app.

Why is Grab lagging behind its super-app competitors?

Grab's share price has fallen 78% since 3Q 21.

Industrial property market leasing declines 34.1% QoQ in Q2

The total number of leases for the quarter was 2,077.

Cromwell EREIT acquires third logistics asset  in the UK for $31.8m

The property is 100% let to UK 3PL company, Kammac Limited.

Higher air freight rates to drag Singapore Post’s profits

FY22-24 PATMI estimates for SPOST were lowered by 5%-7%.

Taxi segment to drive ComfortDelGro’s 2022 profit higher: analyst

UOB Kay Hian expects CD’s taxi business to post a 149% YoY increase in operating profit.

Frasers Logistics acquires property in the UK for $171.7m

The property has a total lettable area of 667,185 square feet.

China reopening only ‘temporary relief’ to trade 

Consumer spending in late 2022 will be impacted by price hikes.

Five women industry leaders join GrabAds

The executives will help connect advertisers in Southeast Asia.

Exports growth accelerates to 12.4% in May

This almost doubled April's exports growth of 6.4%.