Transport & Logistics
Chasen incurs $6.57m loss in FY24
The company attributed the loss to the demolition of 18 Jalan Besut.
XSQUARE Technologies raises $10.5m in Series A funding round
The funding will be used to boost regional growth and product development.
SingPost and Kazakhstan's QazPost team up to advance eCommerce and logistics
The partners will exchange knowledge, conduct training, and explore future collaborations.
Chasen expects loss in FY24 amidst development of logistics centre
Its corporate office is being redeveloped as a distribution centre.
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
Higher revenue drives SBS profit up 7.5% YoY in 1Q24
Revenue for the period was 6.6% YoY higher.
Strong operations lift ComfortDelGro's profit by 23.8% YoY
Profit after taxation and minority interest for the period was $40.6m.
SingPost and Lithuania Post enhance collaboration in postal and delivery services
The agreement will focus on four areas.
Porsche Experience Centre coming to Singapore in 2027
The Singapore centre will be the 11th worldwide.
SingPost transition lifts FY23/24 net profit to $81.5m
NPI rose 110.2% YoY.
New bill passed to safeguard Singapore's transport sector
This is in response to evolving threats including the possibility of malicious interference.
Robust demand and expansion boost Beam's 2023 revenue by 36%
The company eyes entering more markets this year.
SIA taps WebCargo to expand cargo services
The partnership opens access to more markets, especially in Asia-Pacific.
Motorists fain flexibility in ERP unit placement
The enhancements follow motorist complaints about safety.
ST Engineering names new group COO
Jeffrey Lam’s new post is concurrent with his role as president of the commercial aerospace unit.
LTA awards ST Engineering $175m contracts for bus fleet upgrades
The company expects to complete modernisation works by 2027.
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