Transport & Logistics
LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars
LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars
This aims to achieve a more stable supply of vehicles that can be used to provide ride-hailing services.
Grab revenue climbs 19% for full-year 2024
This was attributed to a 16% increase in total sales from rides and deliveries.
Ryde eyes more tie-ups as part of ‘green’ push
The Singaporean ride-hailing company is set to sign deals with two more EV companies.
SingPost appoints former SGX and SIA Engineering executives as IDs
This is part of the company's ongoing board renewal process
SG’s logistics rents fall by 6.2% in H2 2024
It remained unchanged year-on-year.
FedEx expands day-definite service to Singapore
The company operates these in markets like China, Hong Kong SAR, and Japan.
SingPost CEO resigns
The group COO will assume more responsibility for the group.
SATS’ WFS expands with Menzies World Cargo acquisition in Netherlands
The acquisition will expand WFS’ warehouse capacity to more than 50,000 sq m at Amsterdam’s Schiphol Airport.
ComfortDelGro’s taxi competition to offset rail gains in Q4 2024
Its public transport segment is set to grow with fare hikes, contract renewals, and higher rail ridership.
Salt Investments buys 60% stake in TT Oil for $6m
The issue price per purchase consideration share is at $0.0035.
Mapletree Logistics Trust divests two properties in Malaysia
Following the divestment, MLT’s portfolio stands at 181 properties.
Mapletree enters UK with Derby logistics hub buy
It also expanded its Spain portfolio.
Grab contributes $5.2b to Singapore's economy in 2023
Merchant-partners on the GrabFood and GrabMart platforms contributed $900m through their sales, whilst driver and delivery partners accounted for $3...
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.
Read Here
Advertise
Sign Up
Commentary
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about
From ‘only’ to ‘one of’: What Thailand’s land bridge means for Singapore businesses now
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing