Transport & Logistics
SMRT trains’ PAT plunges 82% YoY to $7.5m as costs surge
SMRT trains’ PAT plunges 82% YoY to $7.5m as costs surge
Higher electricity and staff costs offset the 8% YoY revenue increase.
ComfortDelGro and Pony.ai ink MoU on global robotaxi deployment
The partners will co-develop tailored safe and sustainable autonomous vehicle (AV) solutions.
KTC Civil Engineering bags $590m contract for CR19 Jurong Lake District station
It will begin construction work in the fourth quarter of 2024.
GetGo and Charge+ partner to offer shared EVs in Singapore condos
It targets equipping 100 condominiums with shared EVs and charging points by 2025.
Stellar Lifestyle launches Staytion Lifestyle Centre at Dhoby Ghaut MRT Station
It will offer various services in beauty and wellness for commuters.
SGP targets 52% Formula 1 emission cut by 2028
It will use green fuels like biodiesel and HVO generators to achieve its target.
Grab and Trans-cab deal called off
Both parties have withdrawn their application from the CCCS.
Hiap Tong Corporation announces board changes
This is in effect as of 25 July.
C&C to distribute Gogoro’s battery-swapping system in Singapore
Shell Recharge partnered with C&C for the battery-swapping stations.
Scorpio Electric granted license for road tests of electric maxi-scooter
The license will be valid for 12 months.
SATS splits gateway services business into two
Ground handling services now have APAC and Singapore divisions.
Grab-Trans-cab acquisition could reduce competition, says CCCS
The acquisition comes amidst a driver shortage affecting competitors, the watchdog said.
LTA to end new diesel vehicle registrations by 2025
Diesel cars registered before 2025 will face higher road taxes.
Keppel's Volt secures contract to develop EV fast-charging hub at Jalan Papan
The hub will host up to 80 ultrafast charging points, including 360kW and 120kW DC chargers.
1 in 3 cars sold in Singapore is an EV
In 2023, EVs only accounted for 18% of car sales.
SG boosts EV adoption with incentives and infrastructure expansion
It includes reducing upfront costs for EV purchases by up to $40,000.
Hiap Tong’s chairman of the audit committee retires
Yee Chia Hsing was recommended to replace Tay.
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