Transport & Logistics
Jardine C&C's 2021 profit attributable to shareholders 83% higher
Jardine C&C's 2021 profit attributable to shareholders 83% higher
However, it remains 9% lower than pre-pandemic levels.
ComfortDelGro doubles net profit to $130.1m in 2021
The group attributed the 114% growth to their services bouncing back.
Mapletree Logistics Trust boosts South Korea presence with $100.3m acquisition
The company's e-commerce revenue exposure in South Korea is expected to increase to 36%.
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
ST Engineering joins forces with Strides to pursue global transpo projects
They entered an MOU for overseas rails, roads, and EVs.
SG launches first sea-based VTL from Indonesia
Singapore hopes the VTL will help gradually restore transport connectivity.
Mapletree Logistics Trust to acquire two land parcels in Malaysia for $21m
The property is located in Subang Jaya, a logistics hub.
ComfortDelGro increases taxi fares for the 1st time in 10 years
The move aimed to help cab drivers defray higher operating costs.
Services firms less optimistic about business in first 6 months of 2022
Across industries, firms in wholesale trade expressed the highest optimism.
Looking ahead to the post COVID-19 supply chain ecosystem in Singapore
Singapore may be a small country, yet it punches high in the following areas – thought leadership, regional leadership, innovation, and determination...
AA REIT’s net profit jumps 14.5% to $27.07m in Q3 FY22
This brought the REIT’s distributions to unitholders to $16.7m.
ALOG’s net income jumps 16.6% YoY to $104.9m
The increase was attributed to the completion of its Australian portfolio acquisition.
ESR REIT ups offer for ALOG merger to $0.97 per unit
The revised offer will increase ALOG’s DPU accreditation to 12.8%.
Amazon Singapore launches new shipping solutions for sellers
The program will be available in Singapore in February 2022.
Singapore tops Asia Auto Sales Risk/Reward Index
The country scored 87.1.
ComfortDelGro acquires 90% stake of medical transport provider
The acquisition is worth $8.5m.
COE premiums see dip in January open bidding exercise
Category B vehicles saw the biggest decline with a 4% decrease.
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