Transport & Logistics
Grab pilots e-scooter sharing service in NUS
Grab pilots e-scooter sharing service in NUS
Users will need to download the GrabWheels app to avail the service.
Car sales market may hit rock bottom in 2021
New vehicle registrations are expected to contract 20.1% in 2019.
COE prices for cars lower in latest bidding exercise
Cars up to 1,600cc and 130bhp saw the biggest decline in prices.
TADA Taxi app kicks off in Singapore
It will have an instant cashout system for drivers.
ComfortDelGro's earnings to turn up in Q4 onwards as rail riders increase: analyst
Its $138m corporate venture fund and 4.3% fare hike effective December may boost revenue.
MOT issues clarification on false transport voucher post
The agency said that applications for these vouchers are open from 12 November to 31 October 2019.
ComfortdelGro profits dipped 2% to $78.5m in Q3
Net income from investments dipped due to lower dividend from Cabcharge Australia.
Mapletree Logistics to buy South Korean logistics centre for $46.4m
It comprises two warehouse blocks with a total floor area of 29,325sqm.
COE premiums for small cars rose 10.34% in November bid
Premium rates for large cars increased by $1,000 to $32,302.
South Korean car sales to hit roadblock amidst high youth unemployment
Sales are poised to grow by an average of 2.2% annually from 2019-2027.
Grab clinches $68.6m from Thailand's KASIKORNBANK
It will introduce its co-branded mobile app GrabPay by KBank in Thailand in 2019.
Grab raises $343m from Hyundai and Kia
They plan to pilot electric vehicle programs across Southeast Asia.
Australia buys could uplift ComfortDelGro's earnings
They are related to the firm's expertise which is public transport.
SingPost's turnaround may take three years as US losses widen
Higher terminal dues and tough competition in the logistics segment may further affect the firm’s business prospects.
SingPost enables postmen to track deliveries with mobile app
It also unveiled a logistics software that creates e-commerce ecosystems for retailers and logistics providers.
ComfortDelGro buys two Buslink companies in Australia for $165m
The companies operate a fleet of 401 buses across four Australian states.
Singapore Post Q2 profits slipped 12.9% to $25.15m
Its stake in an associated company was diluted, making it ineligible for equity accounting.
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