Transport & Logistics
Oxley-led group selected as preferred bidder for Myanmar rail project
Oxley-led group selected as preferred bidder for Myanmar rail project
It will work on a 25.7-hectare mixed use development.
ComfortDelGro rides on public transport to buoy revenue growth
The Seletar bus package's contributions will kick in starting March.
ComfortDelGro's profit dipped 4.9% to $301.5m in 2017
This was due to a 2.2% decline in revenue.
Daily Briefing: SingPost apologises for ex-employee throwing mail; Singapore to cut toll fees at Second Link
And here are three things you need to know about Mapletree Industrial Trust’s business.
SBS Transit's full-year profits leap 50.3% to $47.13m
Revenue from public transport services rose 9.8% to $1.14b.
Expect 8,000 new public transport jobs by 2030
Singapore is expanding its public bus and rail system.
LTA to allot $25m for testing advanced transportation tech
It is also exploring the use of automation and autonomous vehicles in the transport system.
LTA awards $573m MRT line repair deals
The deals will focus on renewing the power supply on the North-South and East-West Lines.
SingPost logistics rises from loss to $4.9m profit amidst pressures
Delivery volumes in SP Parcels, Couriers Please, and Famous Holdings increased.
ComfortDelGro buys 51% stake in CDGI
It has a total cash consideration of $22.9m.
ComfortDelGro to acquire UK-based NAT Group for $25m
It aims to expand its bus and coach operations outside of London.
Lack of megadeals drag private industrial investment sales by 78.5% in Q4
Total transactions hit $623.9m.
Keppel Logistics increases stake in UrbanFox for $17m
It will be used to boost growth.
ComfortDelGro expands taxi business in China by up to $15m
It will also invest in a new repair workshop in Jilin City.
SingPost's domestic mail revenue to fall by 5% until 2020
Customers are migrating towards electronic statements and bills.
ComfortDelGro's earnings to increase up to 3% by 2021
Its petrol sales may offset declining diesel sales.
SingPost's profits up 11.9% to $35.16m in Q3
Improved postal, logistics, and e-commerce performance boosted revenue.
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