Transport & Logistics
Mapletree Logistics Trust to sell Australian property for $50.4m
Mapletree Logistics Trust to sell Australian property for $50.4m
Proceeds will be used to pursue high-specification and modern logistics properties.
Water transport growth accelerates in H1: report
The momentum was fuelled by a surge in container volumes.
SBS Transit net profit down 7.7% in H1
The group’s revenue also fell 4.5% to $745.9m
VICOM logs 10.2% increase in H1 net profit
Thanks to the increase in OBU installation activities, amongst others.
Carro could raise up to $642m in US IPO: report
If successful, Carro's listing would be the largest Southeast Asian IPO in the US since 2017.
Alstom to install Urbalis system for East-West Line stations
The deal covers upgrading three stations and extending the line to Changi Airport Terminal 5.
EV firm NIO delivers more than 21,000 vehicles in July
The deliveries consisted of 12,675 vehicles from the premium smart electric vehicle brand.
Over 75% of APAC logistics firms plan to expand space
CBRE noted Singapore’s appeal extends beyond cost competitiveness.
No plans to 'fully liberalise' cross-border ride-hailing services: LTA
CBTS remains the official arrangement.
Mapletree Logistics Trust to divest South Korean asset for $7.4m
The buyer is an unrelated third party.
Grab posts $20m profit in Q2
Revenue also rose 23% YoY to $819m.
Hutchison Port’s profit grows 25.2% YoY during H1
The container throughput of YICT increased by 12.7% YoY.
COTD: SG’s logistics rent declines YoY during the H1
Vacancy stood at 9.5% during the period.
Eneco Energy secures new oil and gas innovation deal
The engineering solution holds strong commercial potential across Southeast Asia.
PropNex inks partnerships on sustainability, healthcare
Under the MoU with Vantage Automotive, both organisations will promote green mobility.
ComfortDelGro rolls out driver training initiative in SG
The trainings aim to upskill existing drivers.
DHL Global Forwarding names new MD for Singapore operations
Praveen Gregory will report to CEO Niki Frank and will be based in Singapore.
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