Transport & Logistics
Daily Briefing: Construction of Jurong East Integrated Transport Hub to commence in Q2; OrderEZ lands $500,000 seed funding
Daily Briefing: Construction of Jurong East Integrated Transport Hub to commence in Q2; OrderEZ lands $500,000 seed funding
And Robert Downey Jr’s venture fund invests in SG biotech startup RWDC.
Keppel Capital launches China logistics property fund
Its initial commitment is at around $288.8m (RMB1.4b).
Grab closes upsized US$2b term loan
The term loan is said to be the largest in the Asian technology sector.
AfA rolls out first driverless bus service in Singapore
The pilot programme is expected to end on 30 April.
LTA awards $34.3m contract for Downtown Line's Hume station
It covers the construction of an entrance, ventilation shaft, and fitting-out works.
TribeCar launches Super Economy car rental
Car rental will cost as little as $0.50 per hour.
Grab unlikely to break even until 2022
The company registered a negative EBITDA in 2019, and is expected to do the same in its 2020 results.
Singapore strengthens maritime sector COVID-19 regulations
Two new cases were recorded on 30 and 31 December 2020.
Investment firm Chasen secures $8.2m contracts in China, SEA
The new projects build on the momentum of Chasen’s business recovery.
Competitive intensity to decline for taxi industry: analyst
After years of disruption from ride-hailing apps, things may be about to finally settle for Singapore's taxis. The competitive intensity in Singapore...
Singapore ranks second in global connectivity: DHL GCI
Six APAC countries have entered the top 30 in terms of overall connectedness.
Grab, Gojek make progress on merger terms
The talks are still fluid and may not result in a transaction.
URA, LTA launch pilot tender for electric vehicle charging points
They aim to have 200 public carparks to have EV charging points.
J&T Express opens third warehouse in Singapore
It has also accelerated its expansion plans for additional warehouses.
HDT retreats from its Singapore taxi business
HDT Singapore Holdings will shut its unique electric taxi business in Singapore, due in part to losses associated with the pandemic.
ComfortDelGro recovery in 2021 likely: analyst
Resurgence of COVID-19 cases still a threat for the company.
Keysight, NTU team up on hybrid V2X communications
The results will help realize smart mobility.
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