Transport & Logistics
Grab unlikely to break even until 2022
The company registered a negative EBITDA in 2019, and is expected to do the same in its 2020 results.
Singapore strengthens maritime sector COVID-19 regulations
Two new cases were recorded on 30 and 31 December 2020.
Investment firm Chasen secures $8.2m contracts in China, SEA
The new projects build on the momentum of Chasen’s business recovery.
Competitive intensity to decline for taxi industry: analyst
After years of disruption from ride-hailing apps, things may be about to finally settle for Singapore's taxis. The competitive intensity in Singapore...
Singapore ranks second in global connectivity: DHL GCI
Six APAC countries have entered the top 30 in terms of overall connectedness.
Grab, Gojek make progress on merger terms
The talks are still fluid and may not result in a transaction.
URA, LTA launch pilot tender for electric vehicle charging points
They aim to have 200 public carparks to have EV charging points.
J&T Express opens third warehouse in Singapore
It has also accelerated its expansion plans for additional warehouses.
HDT retreats from its Singapore taxi business
HDT Singapore Holdings will shut its unique electric taxi business in Singapore, due in part to losses associated with the pandemic.
ComfortDelGro recovery in 2021 likely: analyst
Resurgence of COVID-19 cases still a threat for the company.
Keysight, NTU team up on hybrid V2X communications
The results will help realize smart mobility.
Grab set to impose platform fee on ride-hailing services
The new P2P regulatory framework leaves fare levels to be determined by market forces.
ComfortDelGro operating profit down 59.6% in Q3
All segments report lower revenue for the quarter.
Grab launches Indonesian Tech Center for MSME digitisation
Currently, only 16% of Indonesian MSMEs are digitised.
New incentives to cement Thailand as EV production hub
Incentives will drive renewed interest from automakers.
Singapore launches double-deck electric buses
The Land Transport Authority says it is committed to a 100% clean energy bus fleet by 2040.
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