Transport & Logistics
SBS Transit to operate 18 Bukit Merah bus services
SBS Transit to operate 18 Bukit Merah bus services
It plans to place a driving behaviour monitor on about 330 buses in the package.
Tax hike to accelerate auto sales in Japan by 8.7%
Consumers and firms will likely take advantage of lower vehicle prices this year.
COE prices fell across all categories in February
Premiums for motorcycles dipped the lowest by 9.3% to $7,667.
Auto sales to slam the brakes as riders turn to Uber
Commercial and passenger vehicle registrations are forecast to plunge by 20% and 6.5% respectively.
Competition watchdog rejects Uber-ComfortDelGro joint venture
The Competition Commission of Singapore listed 10 issues that require further in-depth assessment.
Frasers Property to buy $467.7m logistics assets in Germany and Austria
It will grow the company’s property portfolio in Europe to $2.6b.
Oxley-led group selected as preferred bidder for Myanmar rail project
It will work on a 25.7-hectare mixed use development.
ComfortDelGro rides on public transport to buoy revenue growth
The Seletar bus package's contributions will kick in starting March.
ComfortDelGro's profit dipped 4.9% to $301.5m in 2017
This was due to a 2.2% decline in revenue.
Daily Briefing: SingPost apologises for ex-employee throwing mail; Singapore to cut toll fees at Second Link
And here are three things you need to know about Mapletree Industrial Trust’s business.
SBS Transit's full-year profits leap 50.3% to $47.13m
Revenue from public transport services rose 9.8% to $1.14b.
Expect 8,000 new public transport jobs by 2030
Singapore is expanding its public bus and rail system.
LTA to allot $25m for testing advanced transportation tech
It is also exploring the use of automation and autonomous vehicles in the transport system.
LTA awards $573m MRT line repair deals
The deals will focus on renewing the power supply on the North-South and East-West Lines.
SingPost logistics rises from loss to $4.9m profit amidst pressures
Delivery volumes in SP Parcels, Couriers Please, and Famous Holdings increased.
ComfortDelGro buys 51% stake in CDGI
It has a total cash consideration of $22.9m.
ComfortDelGro to acquire UK-based NAT Group for $25m
It aims to expand its bus and coach operations outside of London.
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