Transport & Logistics
Mapletree Logistics to divest 4-storey cargo lift warehouse for $16.8m
Mapletree Logistics to divest 4-storey cargo lift warehouse for $16.8m
The divestment is set to be completed in FY23/24.
ComfortDelGro JV wins contract to operate Stockholm Metro
The contract has a term of 11 years.
LTA extends card-based ticketing system as SimplyGo undergoes enhancement
SimplyGo users can exchange their cards for CBT cards for free.
Johor Bahru-Singapore RTS Link project marks progress with connecting span completion
The connecting span is 17.1 metres long.
Fr8Labs takes the lead in digitalising freight forwarding systems in Asia
Tech-driven Fr8Labs secures $1.9M (US1.5m) to streamline freight forwarding through digital solutions.
NETS to replace FlashPay Cards with Prepaid Cards
NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.
Latest COE bidding results in declines in 4 categories
The exercise received a total of 3,303 bids.
ComfortDelGro, Guangzhou Public Transport Group launch EV charging, services tie-up
Four charging stations with 250 chargers will be deployed in the city of Guangzhou in China.
SingPost taps Google Cloud to accelerate digital transformation
As part of the collaboration, SingPost will deploy Cloud's BeyondCorp Enterprise platform.
SingPost increases international postage rates by $0.05
The company will implement the price adjustment on 1 January 2024.
ComfortDelGro imposes taxi fare hike to help drivers defray higher operating costs
The company’s fleet, except limousine taxis, will see a $0.50 increase in flag-down fares.
Nio widens net loss by 10.8% YoY to $861.26m in 3Q23
Compared to 2Q23, the company’s net loss was cut by 24.8%.
China’s economic recovery to foster Singapore’s NODX growth in 2024
US+ASEAN economic indicators and interest rates amongst factors that condition NODX momentum.
ComfortDelGro’s net profit soars 54.5% YoY to $49.9m in 3Q23
Quarter-on-quarter, net profit rose by 9.2%.
LTA unit, NTT DATA to deploy EV charging points across Singapore
Around 2,000 EV chargers will be deployed by 2025.
Grab cuts losses by 71% in Q323
Loss for the quarter narrowed to $99m.
Lylo elevates short term car rental services with care packages, delivery option
The company assures that renting a car in Singapore comes with convenience and peace of mind.
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