Transport & Logistics

SingPost launches online luxury store

Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.

SingPost launches online luxury store

Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.

ICTSI stumps others with takeover bid for Portek

The offer is said to be at a 69 percent premium to market prices.

NOL shares big index loser: report

Demand for container shipping could drop amidst slowdown in economic activity.

NOL makes virgin investment in Chinese terminal

Neptune Orient Lines will invest $25.8 million in a joint venture to operate a two-berth container terminal at the port of Qingdao.

SingPost takes full control of DataPost

For S$6 million, SingPost acquired the remaining 30% stake in DataPost to further develop its hybrid mail business in the region.

NOL still taking on losses, US$10mln sunk in the first quarter

Still, it's an improvement from the US$98 million lost during the same period in 2010, but shows the shipper still has work to do to right its...

SMRT to invest S$300mln for fleet expansion in 2012

The acquisition of 17 new trains is part of the huge capex the transportation services company will undertake next year.

SingPost FY11 net profit down 2.4%

The company's earnings shrunk to S$161.0mln despite a 7.7% rise in revenue to S$565.5mln.

ComfortDelGro invests $31.2mn in third driving school in China

CD has acquired a new site in Liangjjang New Business District, Western China to establish its third driving school.

Mapletree scores third property in Korea

The acquisition of Iljuk Gyeonggo Centre from Iljuk Gyeonggo Logistics was for a consideration of $25.5 million.

Singapore Airlines to raise fuel fee

Singapore Airlines Ltd. will raise fuel surcharges for its flights after jet fuel prices increased more than 30 percent since the beginning of the...

Iskandar-Singapore Rapid Transport system link gets go ahead

Additional cross border bus services between Singapore and Iskandar Malaysia have been approved and are being implemented.

SMRT CFO Lim Cheng Cheng resigns

The CFO and Executive Vice President's resignation is the fourth senior level departure since last November.

Mapletree Logistics acquired Hiroshima Centre for $114.2mn

The major logistics centre in the Chugoku region has a total GFA of abour 43,600 sq m.

Changi Airport sees 3.4M passengers sent off in February

Changi Airport saw 3.4 million passengers pass through in February. This is a 9.1 per cent increase from the same period last year and is attributed...

DHL partners with Singapore Airlines to deliver in-flight amenities

DHL will manage the global transportation of all in-flight amenities from Singapore Airlines to all of its network destinations and offices in the...

ComfortDelGro aims to gain 70% revenue from overseas venture

Phillip Securities Research reported, CDG expects to counter challenges in Singapore land transport market by exploring business abroad.