Transport & Logistics
Gojek raises $1.7b despite clash with Grab
Gojek raises $1.7b despite clash with Grab
This gives Gojek the upper hand on the reported possible merger with Grab.
Singapore's EV adoption tipped to run smoothly: report
The city’s population enjoys a GDP per capita of $89,559.
ComfortDelGro buys UK private taxi operator for $12.5m
The acquired firm manages 700 drivers and 200 corporate accounts.
$60b eyed for rail network expansion over the next decade
The stage 2 of the Thomson-East Coast Line will be completed in a few months.
SingPost cuts pay for SVPs and higher by 5%
Its measures amidst the COVID-19 outbreak will be reviewed on a quarterly basis.
Premier's 2,000-strong taxi fleet to join RYDE network
Premier’s taxi drivers will be able to take jobs through their screens.
Jardine C&C's net profits skyrocketed 111% to $1.20b in 2019
Growth was anchored by its automotive arm Astra.
Daily Briefing: Grab reverses plan to cease driver incentives; Kimly acquires food outlets for $55.8m
And Bukit Sembawang Estates sold 64% of units of Luxus Hills Contemporary Collection.
ComfortDelGro tops up rental rebates by $10m
Its cabbies will receive a daily rebate of $16.50 until March, and $10 in April.
Singapore sheds barriers to EV adoption
To encourage EV usage, 28,000 chargers will be deployed nationwide by 2030.
Grab, Chubb to offer drivers pay-out benefit amidst COVID-19
Drivers diagnosed with COVID-19 will be paid $500.
Rental rebates will hit ComfortDelGro's FY2020 earnings
The taxi rebates will cost CDG about $9m.
Volocopter and Grab conduct air-taxi feasibility study in Southeast Asia
The study will look into the most suitable cities and routes to deploy air taxis.
ComfortDelGro appoints new group chief digital officer
Siew Yim Cheng formerly headed JTC corporation’s digital department.
ComfortDelGro profits fell 12.6% to $265.1m in 2019
This was due to reduction from existing businesses and the negative impact of foreign currency.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
GrabWheels secures $41.6m funding from EV maker KYMCO
It will help develop and deploy two-wheel EVs in cities where Grab operates.
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