Transport & Logistics
Volocopter and Grab conduct air-taxi feasibility study in Southeast Asia
The study will look into the most suitable cities and routes to deploy air taxis.
Volocopter and Grab conduct air-taxi feasibility study in Southeast Asia
The study will look into the most suitable cities and routes to deploy air taxis.
ComfortDelGro appoints new group chief digital officer
Siew Yim Cheng formerly headed JTC corporation’s digital department.
ComfortDelGro profits fell 12.6% to $265.1m in 2019
This was due to reduction from existing businesses and the negative impact of foreign currency.
Daily Briefing: Government to offer $77m support for taxis; Neil road conservation shophouses for sale
And a Fu Lu Shou complex office portfolio has been launched for sale via EOI.
GrabWheels secures $41.6m funding from EV maker KYMCO
It will help develop and deploy two-wheel EVs in cities where Grab operates.
Grab to launch GrabCare transport service for healthcare workers
The service will start running on 14 February to hospitals NCID and TTSH.
SingPost profits slumped 39.3% to $30.49m in Q3
A decline in domestic letter mail volumes dragged down its revenue.
ComfortDelGro to endure effects of coronavirus outbreak
A potential taxi rental rebate might only shave off about 0.9-3.9% of its 2020 profits.
ComfortDelGro's Australian unit secures $23m green loan for 50 hybrid buses
The buses carry a parallel hybrid driveline that uses 30% less fuel.
Grab to revamp rewards programme in March
Users of Grab’s Mastercard can earn points at over 53 million merchants worldwide.
LTA opens sandbox licence applications for bike-sharing services
Applications can be submitted until 24 February.
SATS bags 25-year cargo terminal concession in Saudi Arabia
The cargo terminal will handle 600,000 tonnes of cargo annually.
Logistics firm ESR, GIC sets up $673.3m JV to establish logistics facilities in China
The JV will develop state-of-the-art logistics facilities in key cities in China.
Grab and Chubb launch in-app travel insurance purchases
The insurance product can be bought $2.50 a day for travel to any global destination.
E-scooter operator Neuron Mobility enters New Zealand.
It has allocated 880 vehicles for operations in the city.
Daily Briefing: Grab launches training for delivery riders switching to bikes; Amazon widens Prime services selection in Singapore
And Indonesia’s Kresna Graha Investama invests in biotech startup RWDC Industries.
e-scooter firm Neuron Mobility bags $25m in funding round
It will be partly used to foray into other Asia Pacific markets.
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