Transport & Logistics
SingPost EBIT slips by 2% to $21m
SingPost EBIT slips by 2% to $21m
Its international post and parcel business continue to be affected by disruptions caused by COVID-19.
MPA, SMI co-fund 3 consortiums for harbour craft electrification
This will support Singapore’s plans of reducing greenhouse gas emissions by the maritime transport sector.
ST Engineering, Temasek set up freighter leasing joint venture firm
They will both have 50% share in the JV company.
Grab breaks company record with strong Q1 results
As it prepares for its initial public listing, Grab announced milestone results in Q1 2021.
Daily briefing: Grab’s sales up 39% to $507m in Q1; MAS allows crypto exchange Independent Reserve to operate 'in principle'
And Fintech firm FinAccel’s Kredivo to launch IPO in US.
AI robotics startup Augmentus to debut robotics platform
The startup will use its recent seed funding to kick off the platform's debut.
Mapletree Logistics Trust net property income climbs 21.3%
Its portfolio occupancy improved to 97.8% as of end-June.
Grab Singapore unveils sustainability initiatives
The company gives passengers options to participate in its bid for a sustainable operation and eyes a full fleet running using cleaner energy by 2030...
CapitaLand launches second logistics private fund in India worth S$400m
This follows CapitaLand’s S$400m Ascendas India Logistics Programme it launched in 2018.
Shippit signs 3 deals with Janio, FedEx, Qxpress
The partnerships are expected to boost its delivery network in Singapore and Malaysia.
CapitaLand exits Japan retail sector, invests in new logistics facility
The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.
Transportation, construction sectors outlook remains bleak for Q3: study
The financial sector is the most optimistic for the third quarter.
Electric vehicle sales boom imminent in Singapore: Fitch
EV sales are predicted to surge by 170% in 2021.
ComfortDelGro forms umbrella division for its transport and lifestyle businesses
Private Mobility Group, a new division under ComfortDelGro, will handle the group’s taxi, private vehicle rental and lifestyle businesses.
Green Plan 2030 to lay tracks for better MRT infrastructure: Fitch Solutions
The international think tank says railway infrastructure will be responsible for the construction market’s growth over the coming decade.
First indoor robot runner to cut down Grab's delivery time
The pilot launch will begin at the Paya Lebar Quarter Mall.
Read before you ride: Public taxi transportation during Phase 2
Here’s what you need to know about the public transportation restrictions during this heightened alert period.
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Commentary
In Asia, fintech leaders must compete on credibility
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Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?
Do Singapore workplaces mistake silence for leadership?
AI as the new competitive advantage for Singapore’s small retailers