Transport & Logistics
SMRT’s net profit plummets 22.9% to $15.5 million in 1Q FY2017
SMRT’s net profit plummets 22.9% to $15.5 million in 1Q FY2017
Blame it on the rail business’ glaring $9.4 million loss.
Here’s why the Postman's e-commerce segment can’t celebrate just yet despite an uptick in earnings
It booked a 42% rise in operating expenses.
SingPost’s net profit plummets by 23% to $35.9m in 1Q17
Skyrocketing expenses are to blame.
Go-Ahead Singapore’s new bus services to hit the road on September 4
First 13 routes will be rolled out.
COE Premium for small cars drops a measly $497 to $52,503
Premiums for motorcycles, goods vehicles, and buses also fell.
Daily Briefing: Singapore gets autonomous taxis; MAS launches unit to fight money laundering
And Singapore-based app Carousell raises $35 million.
UK tech company Delphi rolls out driverless taxis in Singapore
It will transition into operational service by 2022.
Here’s why ComfortDelGro remains alluring despite its low earnings outlook
SMRT's NRFF will serve as reference to SBS Transit.
LTA pilot to allow contactless transit fare payment with credit, debit cards by end-2016
It’s the first pilot of its kind in Asia.
Here’s what will happen if Temasek’s takeover offer for SMRT fails
A repeat takeover bid would be unlikely.
Here’s why other transport firms will face hard times once SMRT is privatised
SMRT is sacrificing near-term profitability to enhance capabilities.
Should SMRT investors snap up Temasek’s $1.68/share buy out offer?
Near term earnings are expected to be weak.
Temasek offers $1.2b to privatise SMRT to prepare for difficult transition to new rail model
The buyout will be for $1.68 per share.
Daily Briefing: Temasek offers $1.2b to buy out SMRT; HSR to benefit terminus cities
And it’s the end of the line for Singapore investors.
Singapore to KL high-speed rail to be operational by 2026
The 350km journey would take only 90 minutes.
Temasek said to mull SMRT buyout: Bloomberg
Sources say Temasek may increase its $2.4b stake.
Here’s why analysts think SMRT might be at the losing end of the new rail financing framework
It’s transiting to the new framework this October.
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