Transport & Logistics

Grab's revenue more than doubles to $525m in Q1

The company's loss for the period recovered 43% YoY to $250m.

Grab's revenue more than doubles to $525m in Q1

The company's loss for the period recovered 43% YoY to $250m.

ComfortDelGro’s profit falls to $32.8m in Q123

In Q122, the company recorded a profit of $76.1m.

LTA calls for tenders to appoint operators for JRL and CRL

The tenderers will operate and maintain it for the first licencing period of nine years.

ST Engineering, NTU launch Singapore's first EV park and charge system

The system would benefit EV owners and address the problem of using multiple parking and charging platforms.

Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’

In April, COE prices for Category A cars went up by $7,503.

LTA to increase COE quota of non-electric cars to 10,431

The adjustment would expand the total quota to 10,431.

New fare formula to balance affordable rates and public transport’s financial stability

The government considered inflation and ridership patterns in the adjustment.  

City Energy, Gentari to co-install EV chargers on their networks

Gentari is the second Malaysian company that City Energy worked with for EV charging.

Tesla SG cuts Model Y, Model 3 prices up to 5%

Buyers can have a Rear Wheel Drive Model 3 for $75,990.

ST Engineering secures $200m ISCS contract for SG Cross Island Line

The company will provide the system for 21 underground stations.

Strides Taxi, Premier Taxis to merge as Strides Premier

The merger will benefit SG drivers' and passengers' long-term interests.

Prime logistics rent rises 3.7% QoQ in Q1

It recorded the strongest rental growth for the quarter.

ComforDelGro's founding chairman takes a bow

Lim Jit Poh will retire from his post in April.

LTA raises ERP rates by $1

The adjusted rates cover seven locations. 

TransitLink, EZ-Link to merge transit ticketing, travel card-related services

Commuters may get assistance on fare matters through integrated customer service.

Hanwha secures approval of acquisition Daewoo Shipbuilding & Marine Engineering

The acquisition will not contravene the Competition Act 2004 which prohibits mergers that could substantially lower competition.

COE prices for Category A cars increases by $7,503

The price is now $93,503 for quota premium.