Transport & Logistics
ComfortDelGro reverses last year’s losses with $91m net profit
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
ComfortDelGro reverses last year’s losses with $91m net profit
The transport company received $57.2m in government reliefs for the first half of the year.
The search is on for the leading exporters in the Asian Export Awards 2021
Nominations will close on 29 October 2021.
SingPost EBIT slips by 2% to $21m
Its international post and parcel business continue to be affected by disruptions caused by COVID-19.
MPA, SMI co-fund 3 consortiums for harbour craft electrification
This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
Grab breaks company record with strong Q1 results
As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.
Daily briefing: Grab’s sales up 39% to $507m in Q1; MAS allows crypto exchange Independent Reserve to operate 'in principle'
And Fintech firm FinAccel’s Kredivo to launch IPO in US.
AI robotics startup Augmentus to debut robotics platform
The startup will use its recent seed funding to kick off the platform's debut.
Mapletree Logistics Trust net property income climbs 21.3%
Its portfolio occupancy improved to 97.8% as of end-June.
Grab Singapore unveils sustainability initiatives
The company gives passengers options to participate in its bid for a sustainable operation and eyes a full fleet running using cleaner energy by 2030...
CapitaLand launches second logistics private fund in India worth S$400m
This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.
Shippit signs 3 deals with Janio, FedEx, Qxpress
The partnerships are expected to boost its delivery network in Singapore and Malaysia.
CapitaLand exits Japan retail sector, invests in new logistics facility
The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.
Transportation, construction sectors outlook remains bleak for Q3: study
The financial sector is the most optimistic for the third quarter.
Electric vehicle sales boom imminent in Singapore: Fitch
EV sales are predicted to surge by 170% in 2021.
ComfortDelGro forms umbrella division for its transport and lifestyle businesses
Private Mobility Group, a new division under ComfortDelGro, will handle the group’s taxi, private vehicle rental and lifestyle businesses.
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