Transport & Logistics
SG boosts EV adoption with incentives and infrastructure expansion
SG boosts EV adoption with incentives and infrastructure expansion
It includes reducing upfront costs for EV purchases by up to $40,000.
Hiap Tong’s chairman of the audit committee retires
Yee Chia Hsing was recommended to replace Tay.
SATS upgrade airport lounges in Singapore
Improved Premier Lounge at Changi Airport Terminal 3 opened on 3 July.
Singapore Airlines, WFS extend cargo handling tie-up
Three-year contract renewed for UK, France and Belgium.
Major players set taxi surcharges from Changi Airport and Mandai at $8
Trips at other times would incur a surcharge of $6.
SingPost pilots Singapore’s first postal collection via SMRT trains
Mail ambassadors will be assigned to Tampines and Raffles Place MRT stations.
SingPost appoints Merrill Lynch as financial advisor for Australian operations
It is part of the group’s strategy to strengthen its Australian market presence.
Japanese firms secure $242m deal for CRL phase 2 tunnel construction
The firms will construct tunnels between CR18 and CR19 stations.
Mapletree Logistics Trust divests 119 Neythal Road warehouse for $13.8m
The company will complete the divestment by 2Q FY24/25.
Grab launches community initiative to enhance Tengah amenities
The platform updated its maps to improve navigation in Tengah.
LTA to begin trials for battery charging and swapping systems for e-HGVs
The trials will run for four years.
Ryde announces European stock listings
The firm makes FSE and XSTU debut.
ComfortDelGro Engineering deploys first KYC V7 electric vans in Singapore
The ComfortDelGro subsidiary is the exclusive distributor of these vehicles.
Hong Leong Asia’s China Yuchai greenlights US$40m share buyback plan
The plan will be funded through operating cash flow and existing cash balance.
Pan Pac Leasing takes over EVCo’s fleet and leasing business
With the 529 EVs from EVCo, Pan Pac’s vehicle count will exceed 3,000.
Keppel Infrastructure Trust acquires 97.68% stake in Ventura Motors
Ventura Motors leads Victoria's public bus services with 530 routes.
SATS finalises Sweden acquisitions
It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.
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