Transport & Logistics
ComfortdelGro profits dipped 2% to $78.5m in Q3
Net income from investments dipped due to lower dividend from Cabcharge Australia.
ComfortdelGro profits dipped 2% to $78.5m in Q3
Net income from investments dipped due to lower dividend from Cabcharge Australia.
Mapletree Logistics to buy South Korean logistics centre for $46.4m
It comprises two warehouse blocks with a total floor area of 29,325sqm.
COE premiums for small cars rose 10.34% in November bid
Premium rates for large cars increased by $1,000 to $32,302.
South Korean car sales to hit roadblock amidst high youth unemployment
Sales are poised to grow by an average of 2.2% annually from 2019-2027.
Grab clinches $68.6m from Thailand's KASIKORNBANK
It will introduce its co-branded mobile app GrabPay by KBank in Thailand in 2019.
Grab raises $343m from Hyundai and Kia
They plan to pilot electric vehicle programs across Southeast Asia.
Australia buys could uplift ComfortDelGro's earnings
They are related to the firm's expertise which is public transport.
SingPost's turnaround may take three years as US losses widen
Higher terminal dues and tough competition in the logistics segment may further affect the firm’s business prospects.
SingPost enables postmen to track deliveries with mobile app
It also unveiled a logistics software that creates e-commerce ecosystems for retailers and logistics providers.
ComfortDelGro buys two Buslink companies in Australia for $165m
The companies operate a fleet of 401 buses across four Australian states.
Singapore Post Q2 profits slipped 12.9% to $25.15m
Its stake in an associated company was diluted, making it ineligible for equity accounting.
Mapletree Logistics Trust to lease newly-bought Vietnamese warehouse to Unilever
It bought a warehouse in Binh Duong province for $43m.
ComfortDelGro could gain $10.9m in rail revenue amidst fare hikes
The fare hikes will be rolled out by 29 December.
Go-Jek unveils pre-registering portal for Singapore drivers
Drivers who will pre-register will then be notified for the next application steps.
Uber's Lion City Rentals unveils 1-week car rentals
It is rebranding its services to attract more types of drivers.
Certis reinvents itself with Security+ and new Living Lab
It revamped its business approach to provide more efficient and lower cost solutions to its customers.
Grab launches beta trial for door-to-door delivery service GrabExpress
The beta will be limited the eastern part of Singapore to the eastern fringe of the Central Business District.