Transport & Logistics
LTA to build 6 underground train stations in Cross Island Line Phase 2
Construction works for the CRL2 will begin in 2023.
Gojek cuts cancellation grace period to 4 minutes
The new cancellation and waiting policy take effect on 26 September.
LTA increases ERP rates by $1.00 in 5 locations
The increase will take effect on 19 September.
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
Grab launches overseas bus, ferry-booking service
Users can now also purchase travel insurance in its app.
SG, Malaysia mull discussions on high-speed rail project revival
Deputy PM Lawrence Wong said SG is open to fresh proposals from Malaysia.
Weak share price for ST Engineering shows buying opportunity: report
ST Engineering is still resilient due to global aviation traffic.
ST Engineering bags $1.4b turnkey rail contract for Kaohsiung MRT Yellow Line
The contract was granted by Kaohsiung City Mass Rapid Transit Bureau.
Grab reduces loss to $572m in Q2
The Q2 figure was a 29% improvement year-on-year.
SingPost operational profit plunges by 46.7%
The group’s total revenue went up by 34.7% because of other business segments.
11 stations along Thomson-East Coast Line Phase 3 to be operational by yearend
The stations have been handed over to SMRT by the LTA.
Exports post slower growth in July due to low demand in China
It rose to 7.0% in July from 8.5% in June.
SingPost consulting advisors to defend itself in arbitration case
This after the accuser recently filed his statement of claim in the case.
Keppel O&M acquires $3.9b FPSO vessel contract from Brazil oil firm
The vessel is targeted to be completed in over four years.
Chart of the day: Grab brand reputation falls after grace waiting period shave
Brand satisfaction fell by 14 points from 27.4 to 13 last 1 August.
Industrial prices to grow between 5%-7% in 2022 amidst growing demand
Macroeconomic uncertainties are pushing industrialists to diversify locations.
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