Transport & Logistics
Cosco Shipping unit to develop 2nd phase of Jurong Island Logistics Hub
Cosco Shipping unit to develop 2nd phase of Jurong Island Logistics Hub
The subsidiary will develop it at Tembusu Crescent.
SingPost to gain $312.1m from Australian freight unit divestment
It sold the unit at an enterprise value of $897.6m.
SBS Transit and French operator RATP Dev to operate Jurong Region Line
The passenger service is scheduled to open in three stages, starting in 2027.
Nio widens net loss to RMB5.1b in Q3 with lower vehicle sales
Vehicle sales fell 4.1% YoY.
Chinese car brands gain confidence amongst S'porean car owners: survey
80% of car owners in Singapore trust Chinese car brands.
SBS Transit to launch new feeder service in Tampines
The service will commence operations on 9 December.
CDG ENGIE expands charge points in SG, unveils new app
It also plans to roll out a new mobile app.
Kok Tong Transport & Engineering Works wins bid for Jalan Papan Plot 5 site
Kok Tong Transport & Engineering Works won the bid for $3.45m.
Portcast bags $8.72m in funding to boost AI capabilities
The company also aims to deepen its Asia Pacific and Europe presence.
Singapore Airlines’ passenger capacity up by 9.2% in October
SIA and Scoot carried a combined 3.3 million passengers.
ComfortDelGro's profit rises to $152.8m in 9M
Profit rose 19% YoY.
CLAR to develop $94.8m logistics center in the US
The development is set to be completed in Q4 2025.
CAAS mandates B-RID for unmanned aircraft over 250g
It will be effective on 1 December 2025.
Jardine C&C 9M 2024 profits weighed down by weak car sales, currency
Singapore, Indonesia, and Vietnam all had reduced contributions.
COE price surge driven by local buyers, not PHCs: Chee
Singapore residents have consistently made up the majority of successful bids, he said.
Grab swings back to black with US$15m profit in Q3 2024
In Q3 2023, it posted a US$99m loss.
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