Transport & Logistics
Is the worst over for ComfortDelGro?
Its taxi fleet shrank to 12,627, but the rate of change is slower compared to last year.
Is the worst over for ComfortDelGro?
Its taxi fleet shrank to 12,627, but the rate of change is slower compared to last year.
Frasers Logistics & Industrial Trust expects $17.7m gain from sale of warehouse-office property
It sold the property for $90.5m to The Trust Company (Australia) Limited.
oBike works on refunding deposits upon Singapore exit
All idle oBikes will be collected before 4 July.
Ryde drivers lose $50,000 to over 2,000 “phantom bookings”
300 fake accounts also came from 3 IP addresses, one of which is linked to Grabtaxi Pte Ltd.
Mobike launches deposit-free policy for Singapore users
It will be available to users registered with the phone number prefix +65.
oBike users urged to file proof of debt amidst liquidation
A Singapore consumer group said the bike-share firm will appoint a liquidator to distribute its assets.
Users and investors left in limbo after oBike exit
The Consumers Association of Singapore (CASE) has received 259 refund complaints on oBike. Meanwhile, investors believe that oBike sets a bad...
ARA takeover lowers Cache Logistics Trust's lease renewal risks
Lease expiries fell to 6.7% of leasable area for the rest of 2018.
GrabCycle stops offering oBike bicycles in marketplace
oBike stopped its Singapore operations yesterday after struggling with licence requirements.
Bike-share firms struggle to check off licence requirements
Just recently, oBike shut down its Singapore operations and cited difficulties in fulfilling licence guidelines.
ARA Asset Management takes over $1.4b Cache Logistics Trust
The REIT will tap into ARA’s Asia Pacific network.
Trade tensions put heat on Mapletree Logistics Trust's Chinese portfolio
China contributed 6.3% to its net property income in 2018.
Where will Grab spend Toyota's US$1b investment?
The US$1b it invested won’t just go towards Grab’s push for connected cars.
Grab's $500m syndicated facility deal 2.5 times oversubscribed
The deal will fund Grab Car’s vehicle fleet.
Here's what kept Singapore from being a global leader in mobility
It mainly lacks road infrastructure for its ageing population, a study said.
Toyota to invest US$1b in Grab's latest funding round
This represents the largest ever investment by a car manufacturer in the ride-hailing scene.
Automation is not the answer to safer roads
Road casualties will not be eliminated just by introducing automation, according to an International Transport Forum report.