Transport & Logistics

SG-MY land checkpoints record over 2.33 million crossing during CNY weekend 

During the holidays, land checkpoints saw an average of 390,000 daily travellers.

MAN Energy Solutions opens $30m mixed-purpose facility in Singapore

Its Singapore office is its largest service hub outside Europe.

ComfortDelGro posts 4.3% YoY higher net profit in FY23

Profit attributable to the company’s shareholders was $180.5m.

LTA to issue new CBT cards for eligible commuters

The new cards will be available from 18 March to 30 June.

SBS Transit taps ENGIE to cut fleet’s environmental impact

The fleet comprises over 3,500 buses and nearly 80 MRT and LRT stations.

SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23

With improved profit, the company recorded a 1.6% higher earnings per share.

Grab bounces back with US$11m profit in 4Q23

In 3Q23, the company recorded a loss of US$391m ($524.8m).

Aerodyne Group, DroneDash Technologies partner for cross-border drone delivery

Initial focus will be on delivery routes to Johor Bahru and Iskandar Malaysia.

Hong Kong draws on Singapore for modern, green port development

Smart logistics is an area of collaboration Hong Kong intends to push with Singapore.

ComfortDelGro unit acquires UK-based CMAC Group for $135.4m

CMAC is a ground transport management and accommodation network specialist.

Hong Kong to enhance trade and logistics with new action plan

Strategy aims for greener, smarter port development.

LTA needs $40m to extend the system running adult EZ-Link cards to 2030

The CBT system for adult commuters will reach end-of-life in 2024.

Tanah Merah Ferry Terminal to undergo a $20m revamp

Singapore Cruise Centre will carry out upgrade works from January to December 2024.

CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab

The review ensures that the acquisition will not raise competition concerns.