Transport & Logistics
ComfortDelGro’s public transport unit earnings hit by UK business: RHB
Its EBIT went down by 38% in the third quarter (Q3) of 2022.
ComfortDelGro’s public transport unit earnings hit by UK business: RHB
Its EBIT went down by 38% in the third quarter (Q3) of 2022.
Grab cuts losses by 65% YoY to $342m in Q3
Its loss for Q3 included a $90 million in non-cash stock-based compensation expense.
ComfortDelGro’s PATMI rises 32.9% YoY to $34.3m
The increase was on the back of higher revenue.
Schneider Electric launches $110m Hub Asia
The new warehouse is expected to increase operational capacity by 30%.
PokeSpace invents a ‘GoogleMaps-like’ parking app for EV owners
The app makes electric vehicle owners’ search for parking spaces and chargers seamless.
Rebound in supply shortage raises ride-hailing fares: analyst
This even as the pump prices are easing.
OKP bags $100.3m LTA contract for commuter infrastructure enhancement
The contract involves the construction of covered linkways at new MRT stations.
ComfortDelGro bags 3 metropolitan bus contracts in Sydney
The contracts are worth A$1.7b in total.
ComfortDelGro consortium clinches tender for the installation of EV charging points in HDB car parks
LTA awarded the consortium two of its 10 packages.
Singapore launches last-mile parcel delivery standards
The new standards aim to improve the areas of packaging and labelling, amongst others.
CLCT’s net property income rises 7.5% YoY in 9M22
Its new economy portfolio drove the increase.
CapitaLand Investment enters joint venture to establish Asia-focused self-storage platform
The initial equity investment is worth $570m.
Joint funding to support startup innovation for MRT optimisation launched
The funding is around $500,000.
ComforDelGro tops transport benchmark for decarbonisation
This is due to its science-based targets and drives to increase low-carbon vehicle share.
ComfortDelGro Singapore rail ridership back at 88% pre-COVID-19 levels
The firm managed to raise the commission rate for app bookings to 5%.
How data is ensuring safer road travels for Grab’s fleet
By analysing driving behaviour, Grab can identify if their vehicles need maintenance work.
More than half of Singaporeans plan to switch to an e-vehicle
Currently, only 15% have made the switch.
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