Transport & Logistics

SingPost's e-commerce losses narrow to $4.2m

Its turnaround plan for TradeGlobal should help in easing losses.

SMRT to start bus service at Bukit Panjang

The service will commence on September 4.

Grab urges cabbies to go cashless

Cabbies can instantly transfer fares to their DBS or PSOB accounts.

SingPost's e-commerce operating costs reach $4.2m

Operational expenses were at $3.5m a year ago.

Jardine Cycle & Carriage's profit up 22% to $542.7m in 1H17

Contributions from its 50.1% stake in Astra pulled its profits up.

SingPost's postal business profits fall 14%

The segment is badgered by the slumping domestic mail volume.

Uber's auto leasing flagged after safety issues in Singapore

The startup rented out 1,000 defective vehicles to Singapore drivers.

SingPost's net profit falls 13.6% to $30.97m

It cracked under intense logistics competition pressure.

Uber leased fire-prone Honda cars in Singapore

More than 1,000 Honda Vezel SUVs were rented out to drivers.

CWT's profits surge 265.8% to $49.9m in Q2

Gross profit margins were stable across all segments except for logistics.

Singapore-Johor Bahru MRT link to commence operations by 2024

It will connect Woodlands to Malaysia via a high bridge across the Straits of Johor.

Frasers Logistics & Industrial Trust NPI down 2.2% to $36.6m

The company recorded lower revenue and income despite high occupancy.

SATS to expect fall in operating costs

The group's controllable cost fell by 2.7% in the past quarter.

Grab to raise $2.5b in latest financing round

Softbank and Didi Chuxing will invest up to $2b.