Transport & Logistics
SBS Transit profits jumped 23.3% to $20.67m in Q1
SBS Transit profits jumped 23.3% to $20.67m in Q1
Revenue from public transport services grew 6.8% to $334.4m. SBS Transit started 2019 on a positive note as profits climbed 23.3% YoY to $20.6m in Q1...
COE prices closed with mixed results in latest May exercise
Category A vehicles saw the highest premium increase of $3,505.
SingPost's profits plunged 86% to $18.96m in FY2018/2019
It blamed the one-off $98.7m impairment charges from its US businesses.
Jardine Cycle & Carriage profits soared 131% to US$312m in Q1
But underlying profit fell 8% to US$201.3m in the absence of Vinamilk’s dividend income.
ComfortDelGro could lure in cabbies with new profit-sharing scheme
The scheme cuts taxi rental rates from $105 to $68-78 a day in exchange for 15% of cabbies’ fare takings.
Motor insurance plan for new and young drivers launched
Policyholders attending a safe driver programme can have additional premium loading cut by 10%.
Grab and Ninja Van tie up for regional logistics services
Ninja Van’s services will be available on the Grab app via GrabExpress in Q2 2019.
How new technology will shape Singapore's logistics landscape
Singapore is one of the world’s top logistics hubs, with the World Bank’s Logistics Hub Index ranking Singapore 2nd in Asia and 7th globally. In...
ComfortDelGro buys Australian bus operator for $27m
The latest acquisition follows the $182.5m (A$190.9m) purchase of the Buslink Group.
Singapore to lure more EV firms after Dyson's entry
The government aims to create EV clusters enhancing the capabilities of adjacent industries.
COE supply to fall by 3.5% by May-July
The quota will fall to 25,347 from 26,257 in January-April.
COE prices extend steep uptrend in April
Premiums for open category COEs rose to a one-year high at $52,410.
Sale of loss making e-commerce business could push SingPost earnings by up to 20.3%: analyst
It is divesting Jagged Peak and TradeGlobal to focus on regional operations.
COE prices close higher in first half of April
Premiums in the open category leapt 17.58% to $48,209.
SingPost quits US e-commerce businesses
It believes it has more advantage in Southeast Asia and the Asia Pacific regions.
Anywheel and Moov Technology get go-ahead to operate dockless bike-share services
The firms have been granted a full BSO licence and sandbox licence respectively.
FastGo launches new ride-hailing price model in Singapore
Instead of collecting 20% commission fee, FastGo charges its drivers a fixed daily amount.
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