Transport & Logistics
Broker’s advice on ComfortDelGro investment after losing the second bus bid
ComfortDelGro remains robust with a decent dividend yield.
Broker’s advice on ComfortDelGro investment after losing the second bus bid
ComfortDelGro remains robust with a decent dividend yield.
SBS Transit bags Bukit Merah Bus Package operation
The five-year contract will start in April 2024.
Seatrium commits support for subsidiary’s bond payment obligations
The interest rate margin has lowered since 18 August.
SingPost profit up 11.8% to $11.9m
The group is seeking to raise its postage rates to better cover cost of operations.
SGX-listed Eneco Energy to secure a stake in the Hoe Heng Group of Companies
EEL entered into deals to secure a 48% stake in HHPL.
Competition commission seeks feedback on Grab's proposed Trans-cab acquisition
The public may submit their feedback until 25 August at 5 pm.
SBS Transit registers 1.6% revenue growth, higher energy prices hike operating costs
Operating profit showed a 16.1% fall to $6.9m.
ComfortDelGro profit down 31.5% to S$117.2m in H1, but earnings better than H2
A one-off gain from the Alperton property disposal in 2022 led to the difference.
Singapore launches 1st smart, clean-energy powered service stations
The service stations are located in Tampines, Pasir Ris, and Lakeview.
SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics
SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.
Consortium to test charging abilities of ECVS on commercial e-vehicles in SG
The Busways-Shell Consortium is accepting corporate enquiries for trial testing.
Jardine C&C number of shares rise to 19,000
Per share amounted to $33.90.
Milkyway Chemical offers $0.2266 per share to take LHN Logistics private
The China-based supply chain service provider said its offer price is final.
ES Group expects net loss for H1
The unexpected breakdown of the ES Jewel vessel contributed to the loss.
Locad speeds up D2C retailers’ fulfilment, shipping of orders
Shrey Jain’s startup helped Havaianas shrink its delivery period from 15–30 days to as short as 24 hours.
Deliveroo, Gojek ink partnership deal
They will work together on initiatives that build customer loyalty, amongst others.
Commentary
Gen Z pop culture is key to financial literacy in Southeast Asia