Transport & Logistics
ComfortDelGro profits up 0.6% to $303.3m in 2018
Losses from its taxi business were offset by earnings from its public transport services business.
ComfortDelGro profits up 0.6% to $303.3m in 2018
Losses from its taxi business were offset by earnings from its public transport services business.
Singapore trails only behind Netherlands in readiness for driverless cars: KPMG
The Lion City’s test town for driverless vehicles is complete with traffic lights and a rain machine to recreate stormy tropical weather.
ComfortDelGro weathers market shake-up as Go-Jek threat fades
The lowering of incentives at Go-Jek narrows the earnings divide between private hire and taxis.
COE premiums close mostly higher in February bidding exercise
Category A vehicle premiums dropped whilst the rest saw increases.
Philippines' construction sector to grow 10.9% in 2019
The establishment of much-needed transport infrastructure like the Metro Manila Subway project are already underway.
Go-Jek's rally may be cut short as drivers lament incentives cut
Incentives were cut from $35-310 to $10-210 as Go-Jek burned through $300m in incentives in a year.
Go-Jek clinches over $1.35b in Series F funding round
The funding round was led by Google, JD.com and Tencent.
SingPost profits rose 15.6% to $50.2m in Q3
The earnings boost came after SingPost diluted its interest in logistics firm 4PX.
ComfortDelgro takes a breather as LTA tightens regulations for ride-hailing firms
The agency is eyeing to ban driver exclusivity arrangements to spur domestic competition.
LTA eyes to ban driver exclusivity arrangements
The agency hopes that the move will spur competition and improve service quality.
Go-Jek partners with Carousell in bid to lure more riders
New riders will receive $13 in vouchers when they download the app through ads on Carousell.
LTA cuts number of available COEs by 12.88% from February to April
Aspiring carowners can only bid for 8,752 COEs in the next three months.
COE premiums close with mixed results in latest bidding exercise
Category C & D vehicle premiums dropped whilst the rest saw increases.
SP Group to equip Ascendas-Singbridge's buildings with EV charging points
Around 24 charging points will be installed in 6 buildings.
Grab to roll out first 20 electric vehicles on 11 January
It will progressively roll out a total of 200 electric vehicles for 2019.
COE premiums close relatively higher in first bidding exercise of 2019
Category B vehicles reported the highest increase of $1,199 in premiums.
Go-Jek app now available to all Singapore consumers
First-time riders will receive two $5 vouchers for use within two weeks of signing up.