Transport & Logistics
ComfortDelGro snaps up over 200 new taxis to get mileage out of cheap COEs
ComfortDelGro snaps up over 200 new taxis to get mileage out of cheap COEs
Its taxi fleet grew to almost 17,000 in H1.
SATS cashes in on e-commerce boom with new SingPost freight handling deal
A new automated facility will be launched.
Fast and furious car deals prop up Singapore's dismal retail sales figures
Car sales surged 85.2% in June.
ComfortDelGro’s net profit up 6.9% to $80.9m in Q2
Rail, taxi and bus revenue all increased.
Car sales surged 64% in Q2 on back of massive vehicle deregistration wave
It's the only bright spot in the lacklustre retail scene.
Downtown Line 2 on track to open on December 27: LTA
There will be free rides during the holidays.
Fare cuts will further derail SMRT’s profitability prospects
While CDG will be relatively uncathed.
Downtown Line 2 opening heralds bus, train fare rollback
Fares will be down by 1.9% in December.
CWT’s net profit slumped 14% to $26.2m in Q2
Due to weak logistics, financial services revenue.
Circle Line to welcome 24 new trains by mid-2016
Capacity will grow by 60%.
Jardine Matheson's net profit tumbled 13% to $973.4m in H1
Blame it on Astra's reduced rupiah earnings.
Maintenance costs drag SMRT profits by 10% to $20.1m
More expenses are expected to come their way.
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
SMRT’s net profit fell 10% to $20.1m in Q1
Loss-making train operations are the culprit.
The Postman likely to get on an acquisition train as net cash hits $329m
Are the odds for a buying spree high?
Blame a simple water leak for July 7’s massive MRT breakdown
It led to systemwide power tripping.
SingPost's net profit hits all-time high of $46.6m in Q1
On back of divestment gains.
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