Transport & Logistics

SMRT ordered to replace flawed third rail parts

Goodbye to power supplying rail parts with visible hairline cracks, but how much will these unexpected replacements cost SMRT?

SMRT ordered to replace flawed third rail parts

Goodbye to power supplying rail parts with visible hairline cracks, but how much will these unexpected replacements cost SMRT?

Marina Bay cycling network begins first phase construction

2.5 kilometers of cycling paths will be made along Marina Boulevard, Bayfront Avenue and Marina Gardens Drive.

ComfortDelGro profit up 6.8% to S$53.5m

Thanks to the taxi business which accounted for about 43% of the increase in Group revenue.

Hutchison Port Holdings Trust appoints Yim Lui Fai, Gerry as Managing Director

He will be in charge as head of Hongkong International Terminals.

SOS: NOL loses US$254m in Q1

The container shipping and logistics company also lost money in the same period in 2011 but a mere US$10 million compared to this latest net loss.

Hengyang Petrochem Logistics names Xin Feng as Vice General Manager

Mr.Xin will take over the construction of projects and quality and quantity control of the projects.

SMRT bus business hammered by higher costs

Revenue is increasing at a respectable 5% pace but faster-rising operating expenses are eating up potential profits.

SMRT's earnings derailed by repair and maintenance

The reported earnings of SG$141.5m for FY2012 was not so bad, if only it did not represent a dip of 12%.

ERP rate hikes set for May

Several gantries in Southbound CTE after Braddell Road will raise their prices by up to a $1 starting May 7.

ST Electronics wins S$98m contract from LTA

The enhancement project will start in May and is expected to be completed by 2017.

SMRT’s apology to cost S$900m

Following service disruptions that inconvenienced commuters, SMRT announced its assets renewal and upgrading plans.

Surging COE premiums to drive inflation in the coming months

The hike may be due to the government's target to decrease car population growth rate from 1.5% to 0.5% per annum.

Neptune Orient Lines sinks even deeper

Unfavourable market conditions causes the company to pullout perpetual securities, which direction will it now take?

Peril up ahead for SMRT?

The upswing in fuel costs and rise in personnel demand may cause SMRT to plow through rough tracks.

SMRT stocks derailed?

Strain on rail transport gives ComfortDelgro an edge.

SMRT submits report on service disruption

It now awaits verdict from government inquiry panel while it implements suggestions from the investigation team to avoid recurrence.