Transport & Logistics

COE prices close mostly higher in latest bidding exercise

Open vehicles under Category E saw the highest increase of $3,380.

Bike-sharing firms hit a dead end in Singapore

But homegrown startups like SG Bike and Anywheel are picking up the slack after the retreat of Chinese bike-sharing unicorns from the market.

SingPost could sell loss-making US e-commerce arm: analysts

In February, it saw an impairment risk to the book value of its US unit.

GOJEK offers fuel rebates in Esso and DBS tie-up

Drivers can enjoy upfront discount of 20% when refilling at Esso.

Mobike hits the brakes on Singapore operations

The firm has proposed to transfer its assets and operations to existing licensees.

Car-selling platform Motorist unveils mobile app for vehicle management

The app notifies users regarding COE renewal, car recalls, road tax expiry and traffic fines.

ComfortDelGro taxi bookings grew up to 8% in 2018

Drivers benefited from street hails, which accounted for 60-70% of taxi ridership in 2018.

Government gives green light to LTMP's 2040 Advisory Panel's recommendations

Nine in 10 peak-hour trips could take less than 45 minutes by 2040.

COE premiums mostly up in early March

Prices for small cars rose to $26,309.

Grab bags US$1.46b of funding from Softbank

It will invest most of the funds in the expansion of its verticals and Indonesian business.

NTU Singapore and Volvo roll out 'world's first' self-driving electric buses

The 36-seat single-deck bus will soon begin trials at the NTU Smart Campus.

TR68 could attract foreign autonomous technology firms to Singapore: Fitch

The nation’s ageing population would encourage further government support to the industry.

Jardine Matheson profits crashed 56% to US$1.73b in 2018

It was hit by restructuring charges from Dairy Farm’s Southeast Asia Food business.

Jardine Cycle & Carriage saw profits plunge by 55% to $566m in FY18

Non-current investments impacted the group’s profits.

Go-Jek partners with insurtech firm Gigacover to provide driver insurance

It will cover driver-partners for medical leave of up to 21 days and hospitalisation leave of up to 84 days.

Haulio's Grab-like app for haulage companies launches in Singapore

Its system will also integrate with a cloud platform for depot operators and freight forwarders by end-2019.