Transport & Logistics
SATS to acquire Worldwide Flight Services for $1.64b
The acquisition will be immediately financially accretive on a pro forma basis.
SATS to acquire Worldwide Flight Services for $1.64b
The acquisition will be immediately financially accretive on a pro forma basis.
Focus on adopting other cleaner vehicle models not only EVs: analyst
Hybrids will also encourage gas stations to adapt to electric vehicles.
Infrastructure providers need to do more to address ‘range anxiety’ on EV adoption
Government subsidies are not enough to raise electric vehicles adoption.
Gov’t may consider an outright ban on fossil-fueled vehicle sales
The government said it will only cease new diesel car and taxi registrations.
Consumer price index up 7.5% in August
Transport prices were over 20% higher than a year ago.
Despite removal from STI, ComfortDelGro to get better share price performance
The analyst said ComfortDelGro will be saved by strong rail recovery.
Which properties will be affected as gov't adds new CRL lines?
Attractiveness for future housing areas will increase.
East Coast Integrated Depot is 75% complete: LTA
The depot will likely be completed in 2025.
LTA to build 6 underground train stations in Cross Island Line Phase 2
Construction works for the CRL2 will begin in 2023.
Gojek cuts cancellation grace period to 4 minutes
The new cancellation and waiting policy take effect on 26 September.
LTA increases ERP rates by $1.00 in 5 locations
The increase will take effect on 19 September.
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
Grab launches overseas bus, ferry-booking service
Users can now also purchase travel insurance in its app.
SG, Malaysia mull discussions on high-speed rail project revival
Deputy PM Lawrence Wong said SG is open to fresh proposals from Malaysia.
Weak share price for ST Engineering shows buying opportunity: report
ST Engineering is still resilient due to global aviation traffic.
ST Engineering bags $1.4b turnkey rail contract for Kaohsiung MRT Yellow Line
The contract was granted by Kaohsiung City Mass Rapid Transit Bureau.
Grab reduces loss to $572m in Q2
The Q2 figure was a 29% improvement year-on-year.
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