Transport & Logistics
Charge+ raises $10.39m to boost EV charging infrastructure in SEA
Charge+ raises $10.39m to boost EV charging infrastructure in SEA
The expansion will include Indonesia, Thailand, Vietnam, and Cambodia.
ComfortDelGro unit clinches 3 Victorian bus contracts worth $1.4b
The contracts will boost the company's Victoria Public Bus business by 30%.
CAAS proposes mandatory B-RID for unmanned aircraft by December 2025
The public can share their feedback on the proposal until 1 October.
ERP rates to rise at three locations from 9 September
It will increase by $1.00.
ST Engineering and MAN team up for Singapore's zero-emission bus project
By 2030, the government plans to replace 6,000 buses with zero-emission models.
LTA to waive ERP administrative fees for payments settled within five-day grace period
Motorists missing the grace period will pay the $10 administrative fee
Tan Chong posts HK$35.9m loss in H1 2024 as automotive sales drop sharply
It reversed its HK$126.9m net profit in H1 2023.
Singapore amongst top APAC countries for nearshore supply chain occupiers
It ranked 2nd in APAC, following Japan.
SingPost uses technology in shift to logistics
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
ST Engineering wins contract to supply PIS for 65 trains in Australia
The contract will end in Q1 2030.
SingPost’s Australia review could lead to M&A or future IPO
A partial stake sale may also be in the works, according to UOB Kay Hian.
LTA appoints Siemens Mobility to power 8th MRT system
The contract is worth approximately $400m (€270m).
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
ComfortDelGro’s PATMI rises 21.4% in H1 on strong revenue growth
Revenue for the period rose to $2.12b.
VICOM reports flat growth amidst intense competition in non-vehicle testing business
The company’s net profit attributable to shareholders increased by 1.3%.
Can eased taxi regulations reverse market decline?
Singapore extends taxi lifespan to 10 years and limits the frequency of inspections.
1 in 5 private residential condos to have EV charging points by end 2024
There are 13,800 registered EV charging points islandwide to date.
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