Transport & Logistics
SIA continues recovery with net loss of $274m for Q1 2021
SIA continues recovery with net loss of $274m for Q1 2021
The value is an improvement over last year’s $763m.
ComfortDelGro to continue recovery with $134.6 EBIT
This is a 23x YoY increase from the previous year.
ComfortDelGro set to infiltrate Australian stock market
This is a result of a successful two-week roadshow that introduced the company to its investors.
ESR-REIT predicted to have favorable conditions for next two years
The company’s sponsorship by ESR Cayman and recent acquisition in asset management strengthen their portfolio
55% of Singapore consumers plan to purchase EVs
Environmental concern is the top reason for buying electric vehicles.
ESR enters co-investment agreement to form logistics platform in China
A total of $271.22m is under commitment from ESR.
SingPost to appoint Vincent Phang as CEO
The announcement is to take effect on 1 September.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
The search is on for the leading exporters in the Asian Export Awards 2021
Nominations will close on 29 October 2021.
SingPost EBIT slips by 2% to $21m
Its international post and parcel business continue to be affected by disruptions caused by COVID-19.
MPA, SMI co-fund 3 consortiums for harbour craft electrification
This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
Grab breaks company record with strong Q1 results
As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.
Daily briefing: Grab’s sales up 39% to $507m in Q1; MAS allows crypto exchange Independent Reserve to operate 'in principle'
And Fintech firm FinAccel’s Kredivo to launch IPO in US.
AI robotics startup Augmentus to debut robotics platform
The startup will use its recent seed funding to kick off the platform's debut.
Mapletree Logistics Trust net property income climbs 21.3%
Its portfolio occupancy improved to 97.8% as of end-June.
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