Transport & Logistics

Grab names Philipp Kandal as new Chief Product Officer

He will lead the product vision and strategy for Grab.

Chip Eng Seng subsidiaries bag $562m contract for Cross Island Line-Punggol Extension 

They will design and construct the Elias stations and tunnels under the CPe.

EC World extends long-stop date for divestment of 2 Chinese assets

The long-stop date will be extended to 28 February. 

ComfortDelGro invests $5.7m in VC impact fund focused on sustainable mobility

The company is the fund’s first strategic investor in South East Asia.

COE quota computation to be revised: LTA

The quota is composed of 25% of replacement COEs from deregistered vehicles.

SingPost to dilute interest in Chinese logistics company

The postal service company holds a 19.75% stake in the latter through its subsidiary.

COE prices for Category A cars up by $6,000

This was revealed in the latest bidding exercise.

Construction of first phase of CRL line starts: LTA

The underground train line will serve daily ridership of more than 600,000.

SG, Uzbekistan ink transport cooperation agreement

Civil aviation is amongst the areas of cooperation.

Johor Bahru-Singapore train to commence operations by end-2026

The rail system will operate from Bukit Chagar to Woodlands North.

SingPost acquisition in FMH won’t improve its earnings

The Freight Management Holdings is already fully consolidated.

ComfortDelGro to face lower earnings due to weak overseas operations

The analyst lowered its public transport margin for the final quarter.

ComfortDelGro invests $5.4m in Tel Aviv-based teleoperation software developer

The investment is set to boost the company’s AV capabilities.

What roles will be in demand in the transportation and logistics sector?

New technologies in the industry will require firms to create new high-value jobs.

New economy assets to drive rental growth in the industrial property market

This property type is poised to grow by 2% to 3% in 2023.