Transport & Logistics
SingPost’s underlying net profit falls 40.3% YoY in FY 2025
Revenue stood at $813.7m, reflecting a 7.5% YoY decrease.
LTA enables Amex contactless fare payments for public transport
Commuters can now use Amex for transport with no extra fees.
SBS Transit pioneers smart bus braking system in Singapore
The project is scheduled for a pilot launch in H1 2026.
SBS Transit net profits dips 6.2% in Q1 2025
The group reported a revenue of $373.81m.
VICOM's profit up 7.5% in Q1
The group’s revenue also grew by 18.9% to $33m.
Gov't to roll out initiatives enhancing last-mile delivery
An e-guide will be developed to enhance safe practices amongst delivery personnel.
FLCT posts $0.03 DPU for 1HFY25
It also reported an adjusted net property income of $161.3m for the period.
A policy meant for manufacturers, felt by everyone
As operators scramble to adjust fleet allocations and port strategies, unpredictability has become the norm.
Grab appoints new managing director for Singapore
He will succeed Yee Wee Tang.
Grab posts $10m profit in Q1
This improved from a $115m loss in the same quarter in 2024.
WFS and partners unveil $352m cargo terminal at JFK airport
This is JFK’s first new cargo terminal in three decades.
SingPost unwinds joint venture with Alibaba in QSI
Alibaba will exit with a $36.89m payout.
Industrial vacancy rose 8.8% YTD
Occupiers remain cost-conscious amidst global uncertainties.
Charge+ launches direct current fast charger for EVs
This is the first direct current fast charger deployed in Singapore.
ComfortDelGro explores AI bus control rollout in Singapore
The move comes on the heels of a successful pilot and full deployment of the system by its UK subsidiary, Metroline.
DHL opens new $14.9m pharma hub in Singapore
It features specialised temperature-controlled zones.
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