Transport & Logistics

Hanwha secures approval of acquisition Daewoo Shipbuilding & Marine Engineering

Hanwha secures approval of acquisition Daewoo Shipbuilding & Marine Engineering

The acquisition will not contravene the Competition Act 2004 which prohibits mergers that could substantially lower competition.

COE prices for Category A cars increases by $7,503

The price is now $93,503 for quota premium.

Transport minister wants new tech to address air traffic management

He said there will soon be a centre for flight safety to improve air traffic.

ComfortDelGro’s SG, China taxi businesses to see improved earnings

They will benefit from economic reopening and reduction in rental rebates.

Revised toll charges to take effect March 31 - LTA

This is in line with the transportation agency’s policy to match Malaysia’s rates.

Singapore ranks amongst cities with cheapest public transport fares

A monthly pass costs just around 1.9% of the average net wage in the country. 

Public transport workforce to grow 4% by 2025: LTA

Currently, Singapore has 22,000 public transportation workers.

Transportation app is most downloaded travel app in 2022

This was followed by apps offering integrated travel service.

SingPost’s global segment to benefit from lower air costs: analyst

This could be a silver lining as the firm faces headwinds.

ComfortDelGro driving centre rolls out first electric motorcycle course

It will be for motorcycle riders who hold Class 2A or 2B licences.

Steady earnings recovery expected for ComfortDelGro: analyst

RHB expects a net profit of $24m for ComfortDelGro.

SingPost’s group revenue rises 2.4% QoQ to $495.1m in Q3

The company attributed the increase to the growth in its logistics revenue.

Grab changes MP Pei Ling’s role in the company amidst debate on her appointment

The MP was earlier appointed as Grab’s Director of Public Affairs & Policy. 

Budget 2023: What SG can do to boost supply chain resilience

Global consultancy firm, Kearney, lays out two steps.

LTA increases ERP rates by $1.00

The adjustment will take effect on 13 February.