Transport & Logistics
Mapletree Logistics Trust to divest South Korean asset for $7.4m
Mapletree Logistics Trust to divest South Korean asset for $7.4m
The buyer is an unrelated third party.
Grab posts $20m profit in Q2
Revenue also rose 23% YoY to $819m.
Hutchison Port’s profit grows 25.2% YoY during H1
The container throughput of YICT increased by 12.7% YoY.
COTD: SG’s logistics rent declines YoY during the H1
Vacancy stood at 9.5% during the period.
Eneco Energy secures new oil and gas innovation deal
The engineering solution holds strong commercial potential across Southeast Asia.
PropNex inks partnerships on sustainability, healthcare
Under the MoU with Vantage Automotive, both organisations will promote green mobility.
ComfortDelGro rolls out driver training initiative in SG
The trainings aim to upskill existing drivers.
DHL Global Forwarding names new MD for Singapore operations
Praveen Gregory will report to CEO Niki Frank and will be based in Singapore.
DHL buys 7,400 tonnes of made-in-Singapore sustainable aviation fuel
This is DHL’s first SAF purchase for international flights from Changi Airport.
FedEx, QuikBot launch robot deliveries in Singapore
This marks FedEx’s first deployment of delivery robots in the country.
New Danish logistics facility to support flow of goods: Minister Leng
The project is expected to create up to 600 new jobs in Singapore.
Grab launches driverless shuttle pilot with A2Z in one-north
The route spans 3.9 kilometres and has been tested for over 100 hours.
LTA begins construction on Cross Island Line Phase 2
It is set to be completed by 2032.
Low-emission GrabCab launched in Singapore
The service is intended to complement existing private-hire vehicles and increase accessibility for groups who do not use smartphones or mobile data.
NIO deliveries up 17.5% YoY in June
Total deliveries for Q2 reached 72,056 vehicles.
Grab to pause planned changes to driver incentive scheme
Move comes after discussions with NPHVA.
Grab prices $1.5b convertible notes offering
It launched a $273.5m share buyback.
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