Transport & Logistics
Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m
Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m
The property is located in Subang Jaya, a logistics hub.
ComfortDelGro increases taxi fares for the 1st time in 10 years
The move aimed to help cab drivers defray higher operating costs.
Services firms less optimistic about business in first 6 months of 2022
Across industries, firms in wholesale trade expressed the highest optimism.
Looking ahead to the post COVID-19 supply chain ecosystem in Singapore
Singapore may be a small country, yet it punches high in the following areas – thought leadership, regional leadership, innovation, and determination...
AA REIT’s net profit jumps 14.5% to $27.07m in Q3 FY22
This brought the REIT’s distributions to unitholders to $16.7m.
ALOG’s net income jumps 16.6% YoY to $104.9m
The increase was attributed to the completion of its Australian portfolio acquisition.
ESR REIT ups offer for ALOG merger to $0.97 per unit
The revised offer will increase ALOG’s DPU accreditation to 12.8%.
Amazon Singapore launches new shipping solutions for sellers
The program will be available in Singapore in February 2022.
Singapore tops Asia Auto Sales Risk/Reward Index
The country scored 87.1.
ComfortDelGro acquires 90% stake of medical transport provider
The acquisition is worth $8.5m.
COE premiums see dip in January open bidding exercise
Category B vehicles saw the biggest decline with a 4% decrease.
Grab's new COO is former SATS president & CEO
Alex Hungate will oversee Grab’s mobility, deliveries, and financial services.
ComfortDelGro CEO to resign
The resignation will take effect on 1 April 2022.
ComfortDelGro enroute to being UK’s second largest coach operator
This is following a $15.84m deal with Stagecoach Group.
Pivoting collectively towards a sustainable and future-ready journey
Yeap Transport won the Team of the Year - Transportation award at the SBR Management Excellence Awards 2021.
Grab debuts on Nasdaq following merger with Altimeter
Its common stock is expected to begin trading on 2 December.
Altimeter approves business combination with Grab
The transaction is expected to close on 1 December 2021.
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