Transport & Logistics

Siemens Mobility elevates CBTC system for Singapore’s longest fully-underground MRT line

Michel Obadia, CEO of Siemens Mobility APAC, said the company is ready to mobilise its technology in the Cross Island Line.

Siemens Mobility elevates CBTC system for Singapore’s longest fully-underground MRT line

Michel Obadia, CEO of Siemens Mobility APAC, said the company is ready to mobilise its technology in the Cross Island Line.

FedEx expands self-collection services to 800 NinjaVan locations

The option is limited to packages weighing less than 5 kilograms.

Grab lays off 1,000 jobs: report

This represents 11% of its workforce.

SingPost net profit drops 70.3% in 2023

Its profit stood at S$24.6m in the financial year ended 31 March. 

Three critical risks for ComfortDelGro amidst expected H2 improved earnings

Overseas operations and a rise in ridership will drive the transport business.

Grab's revenue more than doubles to $525m in Q1

The company's loss for the period recovered 43% YoY to $250m.

ComfortDelGro’s profit falls to $32.8m in Q123

In Q122, the company recorded a profit of $76.1m.

LTA calls for tenders to appoint operators for JRL and CRL

The tenderers will operate and maintain it for the first licencing period of nine years.

ST Engineering, NTU launch Singapore's first EV park and charge system

The system would benefit EV owners and address the problem of using multiple parking and charging platforms.

Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’

In April, COE prices for Category A cars went up by $7,503.

LTA to increase COE quota of non-electric cars to 10,431

The adjustment would expand the total quota to 10,431.

New fare formula to balance affordable rates and public transport’s financial stability

The government considered inflation and ridership patterns in the adjustment.  

City Energy, Gentari to co-install EV chargers on their networks

Gentari is the second Malaysian company that City Energy worked with for EV charging.

Tesla SG cuts Model Y, Model 3 prices up to 5%

Buyers can have a Rear Wheel Drive Model 3 for $75,990.

ST Engineering secures $200m ISCS contract for SG Cross Island Line

The company will provide the system for 21 underground stations.