Transport & Logistics
Rate cuts fail to rev up Indonesian car sales
Rate cuts fail to rev up Indonesian car sales
Year-end vehicle sales is unlikely to reach 1.1 million-unit target.
Grab to invest $694.4m in Vietnam
It eyes extending services to 63 cities and provinces nationwide.
Faltering bike-share industry receives lifeline in SG Bike and Mobike tie-up
With 25,000 bikes set to be added to its fleet, SG Bike will soon hold the crown as the city’s largest bike-sharing operator.
COE prices fell across the board in latest bidding exercise
Premiums for category B cars fell to $38,602.
Singapore hits back at Elon Musk's criticism on EV adoption
In January, Musk criticised the city for being slow to adopt EVs.
Keppel Logistics unit expands to Vietnam and Malaysia
It launched an online-to-offline service in Vietnam.
Sentosa trials first on-demand autonomous shuttle
Visitors can hail the shuttle via an app.
Shell launches electric vehicle charging service
It will be available at ten of its stations by October.
Growing taxi competition trims ComfortDelGro's long-term growth prospects: analysts
The new regulation on ride-hailing companies will not lessen strain on CDG's taxi business.
Luxury cars may buck decline in Chinese auto sales
Rise in upper-class population, high consumer confidence, and moderate inflation will spur high-ticket car purchases.
ComfortDelGro profits up 1.2% YoY to $75.9m in Q2
Its acquisitions in 2018 softened the impact from its weakening taxi business.
Mobike to transfer bike share license to SG Bike
Once approved, 25,000 bikes will be added to SG Bike’s fleet and make it the city’s largest operator.
Singapore seeks to regulate ride-hailing operators
Licensing will be open for application on February 2020.
honestbee files for court-supervised restructuring process
The firm said that the move will help them increase existing efficiencies and bring down cost structure.
Jardine Cycle & Carriage profits down 1% to $553m in H1
It was hit by Astra’s underperforming agribusiness, information technology and automotive units.
Navigating ASEAN: overcoming challenges on Singapore's path to becoming top logistic hub
ASEAN is quickly gaining a reputation as an important trade hub, thanks to many factors at play. The region currently enjoys one of the fastest...
SingPost profits climbed 37.2% to $25.68m in Q1
It sold off its GD Express warrants.
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