Transport & Logistics
Singapore allocates $2.8b to Jurong Region Line and Cross Island line
The funds came from Singapore’s sovereign green bonds in FY2024.
GKE to raise capital with 88 million share placement
Net proceeds will be used for its local and overseas business expansion.
CDG ENGIE expands EV charging network with LHN and Yinson deals
It will expand CDG ENGIE’s network to more than 2,100 active charging points across Singapore and Malaysia.
Grab to roll out Ai.R autonomous shuttle service in Punggol
It expects to carry its first passengers by early 2026
ComfortDelGro to launch driverless shuttle service in Punggol by 2026
It will use advanced sensors such as LiDAR, radar, and cameras.
Singaporean logistics firm GLP eyes IPO launch of China business
The IPO is set to launch next year.
Transport ministry unveils strategy to boost national connectivity
Amongst the strategies is increasing Changi Airport’s capacity with the launch of Terminal 5.
Carro raises $76.7m from Japan’s wealth sovereign fund
The funds will be used to bolster demand for Japanese cars in APAC.
Gov’t to require motorcycles to have anti-lock braking system
This is part of the government’s efforts to improve vehicle and road safety.
ComfortDelGro, RATP Dev consortium shortlisted for Copenhagen Metro bid
The two firms formed the ORA consortium.
SingPost launches lower-cost US shipping for retail customers
The rollout is in response to changes in US import regulations.
DHL Express, SingPost partner to enhance international shipping in SG
Each shipment includes complimentary participation in DHL Express’ GoGreen Plus service.
Gov’t recommends 10 key reforms for platform workers protection
Operators must notify the MoM if they suspect a worker is allowing a foreigner to misuse their account.
Nio Inc. raises $1.3b via share sale
The group said it will use the proceeds to develop future products.
Singapore is ready for EVs, but the industry needs to catch up
The EV transition is not simply a consumer decision; it is an industry-wide transformation.
NIO net loss narrows amidst higher sales of electric vehicles
Net loss decreased 1% in 2025 compared to the year before.
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