Transport & Logistics
LTA reduces ERP rates for December school holidays
Revised Electronic Road Pricing rates will apply from 19 November to the end of 2011.
ComfortDelGro profit up 12.5% to $69.1m
Its 3Q $877m revenue would have been stronger had it not been for the negative translation effect of the weaker Sterling Pound, Renminbi, and Dong.
SBS Transit profit down 16.4% to $10.7m
SBS Transit profit down 16.4% to $10.7m
What you need to know about Berger International’s legal case fiasco
Its subsidiary was sued by one unhappy customer last year, and the claim was dismissed by the High Court - but now the Court of Appeal just...
SMRT profit derailed by high energy costs
Profit for the second quarter of 2011 was down to S$34.1m.
SingPost second quarter profit down 22.5% to S$30.6mn
The group recorded higher revenues but lower profits from higher operating costs and investments in growth.
OKP Holdings’ $433m order book to grow ‘mega jobs’ up for grabs
The company earned S$4.9m in Q3 despite a 30% revenue slump.
SGX queries Grand Banks Yachts’ controversial director
Mr Robert William Livingston II still holds directorship despite majority vote against his re-election, and SGX is concerned.
Busted: SMRT fined $200,000 for security breach
Investigations by LTA found that SMRT had failed to exercise the due diligence and vigilance expected of a public transport operator.
Enough of the cars! Unless you want more vehicles than roads to drive them on
You may want to think twice about buying that second car as LTA aims to cut down annual vehicle population growth amidst average annual road growth...
LTA to enhance MRT connectivity
And no more sweating at elevated MRT stations upon installation of fans.
SMRT’s revenue may jump 4.9% to S$258m in 2Q12
OCBC expects SMRT’s ridership levels to surge in the coming years as the government is planning to reduce vehicle growth rates.
Station locations of Eastern Region Line may remain unknown next year
Construction schedule of the MRT line until 2020 was announced three years ago but to date a spokesman from the Ministry of Transport (MOT) reports...
BMW’s Efficient Dynamics “On the Run”
BMW Asia recently announced its co-sponsorship of the upcoming Standard Chartered Marathon in Singapore. BMW along with the Singapore Sports Council...
Energy costs to derail SMRT’s gains from ridership?
This as final two stages of the Circle Line start operations on 8 October 2011.
Target growth rate for cars to be cut further
Singapore would further cut its cap growth rate for the number of vehicles on the roads next year, Transport Minister Lui Tuck Yew said.
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