Transport & Logistics

How Carzuno is the Netflix for cars and why it works

This first car subscription platform in Singapore seeks to provide an alternative to car ownership. 

Grab loses its grip with $1.1b loss for Q4

Around $3.6b total loss was recorded for FY2021.

Jardine C&C's 2021 profit attributable to shareholders 83% higher

However, it remains 9% lower than pre-pandemic levels. 

ComfortDelGro doubles net profit to $130.1m in 2021

The group attributed the 114% growth to their services bouncing back.

Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition

The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.

SingPost’s operating profit rises 46% YoY to $38m

The increase was driven by higher profit in domestic post and parcel.

SG launches first sea-based VTL from Indonesia

Singapore hopes the VTL will help gradually restore transport connectivity.

Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m

The property is located in Subang Jaya, a logistics hub. 

ComfortDelGro increases taxi fares for the 1st time in 10 years

The move aimed to help cab drivers defray higher operating costs.

Services firms less optimistic about business in first 6 months of 2022

Across industries, firms in wholesale trade expressed the highest optimism.

Looking ahead to the post COVID-19 supply chain ecosystem in Singapore

Singapore may be a small country, yet it punches high in the following areas – thought leadership, regional leadership, innovation, and determination...

AA REIT’s net profit jumps 14.5% to $27.07m in Q3 FY22

This brought the REIT’s distributions to unitholders to $16.7m.

ALOG’s net income jumps 16.6% YoY to $104.9m

The increase was attributed to the completion of its Australian portfolio acquisition.

ESR REIT ups offer for ALOG merger to $0.97 per unit

The revised offer will increase ALOG’s DPU accreditation to 12.8%.

Amazon Singapore launches new shipping solutions for sellers

The program will be available in Singapore in February 2022.