Transport & Logistics
Debt threat: SMRT to fall into a net debt position this year
Debt threat: SMRT to fall into a net debt position this year
Blame it on its S$500m capex bill.
SMRT's earnings derailed by higher costs
The company's earnings grew by a smaller 5% to S$37m, says CIMB.
Government's move to take taxis out of COE bidding futile
Learn from OCBC why COE prices are unlikely to fall drastically even with the new rule.
SMRT unveils plans of 10% staff increase
Headcount costs will be offset by savings in electricity expenditures.
Stubbornly high COE premiums to persist in 2H12
Good thing transport CPI is expected to ease in the near term.
Vietnam allows fuel price hike
Retailers are allowed to raise the price of gasoline A92 by as much as VND390.
Singapore has the world’s worst taxi drivers
That’s a statement not a question for a reason. It’s true. Singaporean taxi drivers are the world’s worst. I love living in Singapore but the one...
Reducing a fruitless limbo called commuting
A fruitless limbo between personal and work time, it is not surprising that commuting is regarded as one of the least enjoyable things in life1.
Konica Minolta to double its revenue by 2016
Thanks to its regional headquarters recently opened in Singapore.
SIA slips a place in world airline ranking
In 2011, SIA ranked second but came in third this year.
China likely to tap private capital to build inter-city rail system
Construction was previously dominated by the Ministry of Railway.
LTA fines SMRT S$2M for service disruptions
How much could this hurt SMRT's books?
Parliament casts doubt upon SMRT's rental and ad business
Rental and ads comprise just 10% of SMRT's revenue but it contributes 55% of total profit.
Will LTA share upgrade cost with struggling SMRT?
MayBank says new investments in equipment could crimp SMRT cashflow by 13%.
Downtown Line 3 tunnelling works kick-off
The entire tunnelling process is expected to take about 25 months but Land Transportation Authority notes of 2 key challenges.
SMRT dividends endangered by disruption-related upgrades
Government has imposed expensive upgrades on SMRT's rail systems which will likely force the firm to fall short of its dividend payout.
LTA to construct new line by end-2012
The proposed underground Thomson Line will run along the North-South corridor.
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