Transport & Logistics
LTA awards $735m in contracts for Downtown Line 2 extension
LTA awards $735m in contracts for Downtown Line 2 extension
Woh Hup and Samwoh-CCCC JV win deals for new bridges and interchange stations
Singapore’s last-mile delivery shifts from growth to efficiency as costs rise
These pressures are structural rather than temporary.
LTA slashes PARF rebate cap to $30,000 amidst EV push
The rebate cap encourages safety and pollution control.
Grab agrees $425m deal to buy US fintech Stash
Deal set to close in Q3 2026.
Budget 2026: PARF rebate cap halved to $30,000 on increasing EV adoption
The rebate is given out to cars deregistered before they turn 10 years old.
Grab posts first-ever full-year net profit of $292m in 2025 as revenue surges
Full-year revenue rose 20% to $4.91b, led by mobility, deliveries, and financial services.
Temasek-backed consortium completes ANE privatisation in China freight sector
Takeover brings 38,000 agents and townships under private control as ANE exits HKEX.
Micro-storage demand surges as families declutter for LNY
Lock+Store data shows small and mid-sized units are most requested for holiday storage
Huawei-SP Mobility’s BESS-enabled EV charger to power high-mileage drivers
The first ultra-fast site opens at Temasek Polytechnic.
Singapore outpaces APAC peers as logistics rents jump 7% in H2 2025
Demand and limited supply pushed the logistics rent.
VICOM unveils $60m Jurong hub for vehicle inspection and testing
Operations will begin progressively from 16 February.
Vehicles ordered to adopt ERP 2.0 by Jan 2027 as LTA tightens penalties
Authorities pursue remaining vehicles as over 93% adopt ERP 2.0.
ComfortDelGro unifies SG P2P services under 'Zig' brand
Taxis, private-hire, and limousines now operate under a single identity.
NIO January deliveries jump 96% as cumulative tops 1m
NIO says NWM update rolled out to 460,000 vehicles.
Northern population’s 27% boom to offset Johor Bahru spending leak: FCT
Rising prices in JB and 50,000 new local units offer a buffer against retail leakage.
Downtown Line 2 deal greenlights $326m Sungei Kadut dig
Woh Hup and UTEC joint venture will design three bored tunnels spanning one kilometre each.
LTA restricts foreign taxis to designated pick-up points
Only Singapore-registered taxis can pick up passengers anywhere under the new rules.
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