Transport & Logistics

Comfortdelgro bids A$38 mln for Swan Taxis takeover

One of Singapore’s top land transport companies by market value aims to extend its presence in Australia where it already operates private buses in...

Comfortdelgro bids A$38 mln for Swan Taxis takeover

One of Singapore’s top land transport companies by market value aims to extend its presence in Australia where it already operates private buses in...

Certificates of Entitlement quota pegged at 23,063

The said Certificates of Entitlement (COEs) quota is for the period August 2010 to January 2011, with bidding to begin with the August 2010 First Open...

Logistic sector surges in 2009 despite global downturn

Investment commitments in Singapore's logistics sector reached S$481 million in 2009, which may create more than 1,200 jobs when fully implemented.

UPS launches carbon neutral shipping in Asia Pacific

Singapore among countries where UPS offers its “green” option to offset carbon dioxide.

UOL Equity announces interest to buy UIC

UOL Equity Investments Pte Ltd declared on Friday that it intends to buy its subsidiary for a total of 70,000 shares.

StorHub demands more time to seek approvals

Cap Store Pte Ltd and Hersing Store Pte Ltd have rescheduled the completion of its Storhub acquisition from 30 June 2010 to 31 July 2010.

Malaysia and Singapore trim PLUS Expressways toll

Both governments are optimistic that a cut will promote expressway use while analysts see reduction in operator’s profit.

Midas' JV company secures $233.88mln Shanghai Metro contract

Deal to supply 24 train sets, or 144 train cars, for Shanghai Metro Line 13 Project.

Keppel T&T triples logistics footprint in Vietnam

Associated company forms joint venture for exclusive logistics park management and opens new distribution centres.

UPS Shenzhen opens its Asia Pacific hub

Hub at Shenzhen Baoan International Airport ready to support intra-Asia trade growth.

ST Engineering's electronics arm wins $4.6m contract in Brazil

Contract is for on-train passenger information systems for Concessao Metroviaria Do Rio De Janeiro.

SMRT FY2010 profit up 0.1% at S$163mln

Yet results disappointed analysts as company's total operating expenses increased 10% during the global recession.

Singpost says its Europe-bound postal services disrupted

Public advised to postpone mailing to European countries amidst volcanic eruption in Iceland.

ST Kinetics inks US$20.9M arms contract with Brazilian Navy

Singapore Technologies Engineering Ltd. announced its land systems arm, ST Kinetics, has won a weapons contract worth US$20.9 million, or about S$29.4...

Interview with Saw Phaik Hwa

Saw Phaik Hwa, CEO of SMRT speaks about the MRT service disruption. Q. Analysts expect MRT ridership numbers to grow 7 percent in the 2009 financial...