Transport & Logistics
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
GLP’s profits rocketed by almost 50% to a whopping $268.1m
Joint ventures and investments abroad proved lucrative.
SMRT’s net profit fell 10% to $20.1m in Q1
Loss-making train operations are the culprit.
The Postman likely to get on an acquisition train as net cash hits $329m
Are the odds for a buying spree high?
Blame a simple water leak for July 7’s massive MRT breakdown
It led to systemwide power tripping.
SingPost's net profit hits all-time high of $46.6m in Q1
On back of divestment gains.
Multinational transport player Toll Group to unveil $228m logistics hub in Tuas
It will be completed by 2017.
Motorcycles fall out of favour as cheap car COEs flood the market
Sales fell 30% in 2014.
COE premiums tumbled again as bidders brace for more supply
More COEs will be available in coming months.
Faulty third rail insulation likely the culprit behind MRT breakdown: SMRT
It affected the supply of traction power.
A hefty fine against SMRT will do Singapore’s rail system more harm than good, says OCBC
It will impede SMRT's investigations.
SingPost subsidiary acquires 80% stake in FPS Rotterdam for $12.6m
It is now an indirect subsidiary.
LTA brings in Swedish, Japanese experts to investigate unprecedented MRT breakdown
The assessment will be completed in August.
Worst-ever rail breakdown could have dire results for SMRT’s bottom line
Profit will be hit by free rides and fines.
Root cause of MRT services disruption still elusive for SMRT, LTA engineers
An independent consultant will also investigate.
SMRT could face hefty fines after MRT service disruption: analyst
It could be as high as $50m.
Expect intermittent delays along NSEWL as engineers scramble to fix trains
Trains will be slower as well.
Alibaba hikes stake in SingPost with $187.1m investment
It will now have a 14.5% stake.
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