Transport & Logistics
STI kicks out Hutchison Port Holdings Trust
STI kicks out Hutchison Port Holdings Trust
Its market cap plunged 84% since IPO to $1.93b.
ComfortDelGro launches trial for on-demand bus service
Residents at Tanjong Rhu and Meyer Road can catch a bus via an app.
Bus and train fares may rise 7% after train review
Rail operators stands to gain whilst ComfortDelGro’s prospects remain neutral.
South Korea's car production to grow 2.9% by end-2019
The trade dispute with Japan may be pushing consumers to buy local.
Court grants honestbee's extension of debt moratorium
The Court will hear the matter on 30 September.
Rate cuts fail to rev up Indonesian car sales
Year-end vehicle sales is unlikely to reach 1.1 million-unit target.
Grab to invest $694.4m in Vietnam
It eyes extending services to 63 cities and provinces nationwide.
Faltering bike-share industry receives lifeline in SG Bike and Mobike tie-up
With 25,000 bikes set to be added to its fleet, SG Bike will soon hold the crown as the city’s largest bike-sharing operator.
COE prices fell across the board in latest bidding exercise
Premiums for category B cars fell to $38,602.
Singapore hits back at Elon Musk's criticism on EV adoption
In January, Musk criticised the city for being slow to adopt EVs.
Keppel Logistics unit expands to Vietnam and Malaysia
It launched an online-to-offline service in Vietnam.
Sentosa trials first on-demand autonomous shuttle
Visitors can hail the shuttle via an app.
Shell launches electric vehicle charging service
It will be available at ten of its stations by October.
Growing taxi competition trims ComfortDelGro's long-term growth prospects: analysts
The new regulation on ride-hailing companies will not lessen strain on CDG's taxi business.
Luxury cars may buck decline in Chinese auto sales
Rise in upper-class population, high consumer confidence, and moderate inflation will spur high-ticket car purchases.
ComfortDelGro profits up 1.2% YoY to $75.9m in Q2
Its acquisitions in 2018 softened the impact from its weakening taxi business.
Mobike to transfer bike share license to SG Bike
Once approved, 25,000 bikes will be added to SG Bike’s fleet and make it the city’s largest operator.
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