Transport & Logistics
iMotorbike closes Series A funding round at $13.5m
iMotorbike closes Series A funding round at $13.5m
The company said it will be used to expand iMotorbike’s presence in Malaysia.
ComfortDelGro, RATP Dev to bid for Copenhagen Metro operations
The tender will be issued later this year.
Mapletree Logistics Trust DPU down 11.1% to $0.02003 in Q3
Revenue for the quarter also declined by 0.9% YoY.
SingPost appoints ex-Australia business exec as new group CFO
The appointment follows the dismissal of three executives over mishandled whistleblower reports.
ComfortDelGro partners with Inchcape+ to expand charging infrastructure
Inchcape+ also opened a BYD Commercial Mobility Hub.
Heavy traffic expected at land checkpoints during Lunar New Year period
Very heavy traffic is expected at both the Woodlands and Tuas checkpoints starting from 24 Jan.
Grab partners with BYD to expand EV fleet across Southeast Asia
The partnership aims to accelerate EV adoption in the region.
SingPost’s fired CEO Vincent Phang resigns from board
His resignation was effective 12 January.
COSCO Shipping taps Wang Shan He as new chairman
He was also appointed as executive director and president of the company.
Nio boosts EV deliveries by 38.7% YoY in 2024
Its cumulative deliveries reached 671,564 in 2024.
CapitaLand Ascendas REIT subsidiary secures US$280m revolving credit facility
The news follows its acquisition of a US logistic property asset from DHL USA.
COSCO Shipping begins construction on Jurong Island Logistics Hub Phase 2
This expansion will increase the logistics hub in Jurong to approximately 650,000 sq ft.
Mapletree Logistics Trust divests 1 Genting Lane warehouse for $12.3m
The divestment is not expected to have a material impact on MLT’s net asset value and net property income for FY2025/26.
ICA to roll out passport-less clearance at Tuas and Woodlands checkpoints, Marina Bay Cruise Centre
The initiative will commence on 16 December.
Charge+ bags 140 EV charging stations from three S’porean firms
The acquired chargers are located in 42 properties across Singapore.
Singapore transport sector poised for moderate growth in 2025
Demand in air transport is expected to remain strong, but weaker ticket pricing could pressure profitability.
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