Transport & Logistics

Liquidators look into transfer of $10m from oBike Hong Kong to Singapore

The total claims against oBike will be assessed by end-August.

Deliveroo Singapore opens safety programme for riders

The programme targets riders of power-assisted bicycles and personal mobility devices.

Ryde issues clarification after LTA's warning on their courier service

RydeSend will not include private-hire vehicles and taxis.

Ryde to roll out door-to-door courier services

They eye to expand their network to around 140,000 motorcycles for the on-demand service.

Singaporean ride-hailing firm Kardi teams up with India's Jugnoo to accelerate Singapore operations

Jugnoo will transfer its operations to Kardi as it improves their platform.

ComfortdelGro H1 profits fell 12.7% to $141.3m

Its taxi fleet revenue slipped 12% to $184.7m due to smaller operation.

11 defective trains repaired and returned to Singapore

They are part of the 26 trains shipped back to China for repairs.

Small car COE premium hits $33,798

Open COE premiums also rose to $33,420.

ComfortdelGro rolls out on-demand seat booking for their buses

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

Projected breakeven has been pushed from 2020 to 2021 over "competitive pressures" in the US.

SingPost Q1 profits plummeted 40.4% to $18.72m

Its post & parcel and e-commerce segments performed poorly.

Singapore SMEs beat APAC counterparts in export earnings

Their average annual revenue hit US$1.75m which is higher than the APAC average.

Grab raises US$2b in recent funding round

Toyota was joined by investors like OppenheimerFunds and Ping An Capital for the round.