Transport & Logistics

Gov’t exploring new rail lines

The government also intends to invest up to an additional $1b for rail management.

LTA to impose new measures to enhance P2P transport industry

This aims to improve its stability, contestability, and inclusivity.

Jardine Cycle & Carriage profit falls 22% in 2024

Revenue remained unchanged at $30.1b ($22.3b).

ComfortDelGro profit up 16.6% YoY to $210.5 m in FY2024

Total revenue also rose 15.4% YoY to $4.48b.

SingPost operating profit falls 23.8% to $21.1m

Operating expenses outpaced its revenue growth.

LTA imposes 3-year lock-in period for business-owned chauffeured private hire cars

This aims to achieve a more stable supply of vehicles that can be used to provide ride-hailing services.

Grab revenue climbs 19% for full-year 2024

This was attributed to a 16% increase in total sales from rides and deliveries.

Ryde eyes more tie-ups as part of ‘green’ push

The Singaporean ride-hailing company is set to sign deals with two more EV companies.

SingPost appoints former SGX and SIA Engineering executives as IDs

This is part of the company's ongoing board renewal process

FedEx expands day-definite service to Singapore

The company operates these in markets like China, Hong Kong SAR, and Japan.

SingPost CEO resigns

The group COO will assume more responsibility for the group.