Transport & Logistics
FedEx Express pioneers first EV delivery from Malaysia to Singapore
FedEx Express pioneers first EV delivery from Malaysia to Singapore
The EV travelled a distance of 406 kilometres to deliver the package.
SMRT, Purple Parade Movement roll out special concept trains and buses showcasing inclusivity
The special concept trains and buses will feature 21 faces of the movement.
FLCT to acquire 89.9% interest in four German properties
This will increase FLCT’s portfolio occupancy to 95.9%.
Changi Airport records 33.7% YoY surge in February passenger movements
Singapore's Changi Airport experiences a significant uptick in passenger traffic, surpassing pre-pandemic levels.
Grab tests feature matching women drivers with female passengers
The feature is amongst the initiatives under Grab’s Women Programme.
Ryde debuts on the New York Stock Exchange
The SG-based company priced its IPO at US$4.00 per share.
Singapore’s updated P2P policy bodes well for taxi operators
Big win for ComfortDelGro, the largest taxi operator in the city-state.
Separate COE category for private-hire cars 'possible': MOT
The next phase of the P2P sector review will be later this year.
7 new stations at Thomson-East Coast Line to start passenger service on 23 June
During its preview on 21 June, rides in the stations will be free.
Gov’t ‘open to’ reviewing proposed one-off vehicle population boost with increased user-based charges
User-based charges, however, can't prevent traffic congestion alone, said Minister Chee.
SG-MY land checkpoints record over 2.33 million crossing during CNY weekend
During the holidays, land checkpoints saw an average of 390,000 daily travellers.
MAN Energy Solutions opens $30m mixed-purpose facility in Singapore
Its Singapore office is its largest service hub outside Europe.
Mapletree Logistics Trust to acquire 3 logistics assets in Malaysia and Vietnam
The REIT estimates a $234m total acquisition cost.
ComfortDelGro posts 4.3% YoY higher net profit in FY23
Profit attributable to the company’s shareholders was $180.5m.
LTA to issue new CBT cards for eligible commuters
The new cards will be available from 18 March to 30 June.
SBS Transit taps ENGIE to cut fleet’s environmental impact
The fleet comprises over 3,500 buses and nearly 80 MRT and LRT stations.
SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23
With improved profit, the company recorded a 1.6% higher earnings per share.
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