Transport & Logistics
ComfortDelGro expands taxi business in China by up to $15m
It will also invest in a new repair workshop in Jilin City.
SingPost's domestic mail revenue to fall by 5% until 2020
Customers are migrating towards electronic statements and bills.
ComfortDelGro's earnings to increase up to 3% by 2021
Its petrol sales may offset declining diesel sales.
SingPost's profits up 11.9% to $35.16m in Q3
Improved postal, logistics, and e-commerce performance boosted revenue.
Cache buys nine Australian warehouses for $188.3m
They have an average lease expiry of five years and a 98.1% occupancy.
No retreat, no surrender: Uber insists on joining Singapore's ride-hailing fray
Its head in Asia said it wants to offer faster booking and cheaper rides.
SingPost disposes indirect subsidiary
FPS Famous Pacific Shipping has a cash consideration of $1.59.
Is Keppel T&T cooking up a megaproject?
A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.
Frasers Logistics and Industrial Trust shows robust acquisition targets
Australian states form 39.2%, 30% and 28.2% of FLT’s portfolio.
GLP goes private and closes Singapore's largest M&A deal
It delisted from the SGX-ST on 22 January.
Mapletree Logistics Trust's NPI up 3.9% to $83.02m in Q3
Thanks to higher revenue from its acquired properties in Hong Kong and Australia.
Slower private-hire car growth to bring taxi segment's stability
The growth of rental cars slipped to 34% after a surge of 76% in January 2017.
ComfortDelGro's Lion City Holdings acquisition to boost profits by 5%
It could raise its falling driver retention rate and defend its market share.
Cache may acquire 10 logistics properties in Australia for $205m
Cache might need to raise between $50m to $70m of equity.
Cache portfolio occupancy declines by 0.7% in 4Q17
Mainly because of a tenant vacating DC 2.
UberFlash can lower taxi idling rate of c.5%: CIMB
Despite UberFlash being priced lower than CD’s current base fare of S$3.20 to S$3.90.
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