Transport & Logistics
SingPost appoints Li Yu as CEO for International Business
He took on the role on 12 September.
Grab launches overseas bus, ferry-booking service
Users can now also purchase travel insurance in its app.
SG, Malaysia mull discussions on high-speed rail project revival
Deputy PM Lawrence Wong said SG is open to fresh proposals from Malaysia.
Weak share price for ST Engineering shows buying opportunity: report
ST Engineering is still resilient due to global aviation traffic.
ST Engineering bags $1.4b turnkey rail contract for Kaohsiung MRT Yellow Line
The contract was granted by Kaohsiung City Mass Rapid Transit Bureau.
Grab reduces loss to $572m in Q2
The Q2 figure was a 29% improvement year-on-year.
SingPost operational profit plunges by 46.7%
The group’s total revenue went up by 34.7% because of other business segments.
11 stations along Thomson-East Coast Line Phase 3 to be operational by yearend
The stations have been handed over to SMRT by the LTA.
Exports post slower growth in July due to low demand in China
It rose to 7.0% in July from 8.5% in June.
SingPost consulting advisors to defend itself in arbitration case
This after the accuser recently filed his statement of claim in the case.
Keppel O&M acquires $3.9b FPSO vessel contract from Brazil oil firm
The vessel is targeted to be completed in over four years.
Chart of the day: Grab brand reputation falls after grace waiting period shave
Brand satisfaction fell by 14 points from 27.4 to 13 last 1 August.
Industrial prices to grow between 5%-7% in 2022 amidst growing demand
Macroeconomic uncertainties are pushing industrialists to diversify locations.
Industrial rents and prices grow for the 7th consecutive quarter
Both grew by 1.5% QoQ.
Jardine C&C underlying profit up 51% YoY to US$533m in H1 2022
This is supported by the higher contributions for Astra and THACO.
CLCT’s net income jumps 15.9% YoY to $139.5m in H122
The increase was due to strong contributions from CLCT’s business parks and logistics assets.
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