Transport & Logistics

SMRT unveils plans of 10% staff increase

SMRT unveils plans of 10% staff increase

Headcount costs will be offset by savings in electricity expenditures.

Stubbornly high COE premiums to persist in 2H12

Good thing transport CPI is expected to ease in the near term.

Vietnam allows fuel price hike

Retailers are allowed to raise the price of gasoline A92 by as much as VND390.

Singapore has the world’s worst taxi drivers

That’s a statement not a question for a reason. It’s true. Singaporean taxi drivers are the world’s worst. I love living in Singapore but the one...

Reducing a fruitless limbo called commuting

A fruitless limbo between personal and work time, it is not surprising that commuting is regarded as one of the least enjoyable things in life1.

Konica Minolta to double its revenue by 2016

Thanks to its regional headquarters recently opened in Singapore.

SIA slips a place in world airline ranking

In 2011, SIA ranked second but came in third this year.

China likely to tap private capital to build inter-city rail system

Construction was previously dominated by the Ministry of Railway.

LTA fines SMRT S$2M for service disruptions

How much could this hurt SMRT's books?

Parliament casts doubt upon SMRT's rental and ad business

Rental and ads comprise just 10% of SMRT's revenue but it contributes 55% of total profit.

Will LTA share upgrade cost with struggling SMRT?

MayBank says new investments in equipment could crimp SMRT cashflow by 13%.

Downtown Line 3 tunnelling works kick-off

The entire tunnelling process is expected to take about 25 months but Land Transportation Authority notes of 2 key challenges.

SMRT dividends endangered by disruption-related upgrades

Government has imposed expensive upgrades on SMRT's rail systems which will likely force the firm to fall short of its dividend payout.

LTA to construct new line by end-2012

The proposed underground Thomson Line will run along the North-South corridor.

Would you wake up earlier for SGD50 cents a day?

SMRT off-peak travel discount appear too little a perk for most high-earning Singaporeans.

14 new bus routes slated for September

Minister Lui Tuck Yew said this will improve service levels for at least one in three existing buses routes.

Financial assistance powers proposed for LTA

New amendments to the LTA Act seek to authorize the transport body to hand out loans, grants and guarantees to bus operators.