Transport & Logistics

Test Article
15 Jun 21
Test Article
Daily Briefing: Malaysia goes into lock down; Vietnam suspends flights as new variant emerges
1 Jun 21
And pandemic-beaten India continues to have one of the top stock markets in Asia in May.
Daily Briefing: Tesla ditches radar; and Malaysia COVID case ratio exceeds India
26 May 21
And a quick rundown on which countries are eager to reopen borders to tourism as summer approaches.
Green Plan 2030 to lay tracks for better MRT infrastructure: Fitch Solutions
24 May 21
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
20 May 21
The pilot launch will begin at the Paya Lebar Quarter Mall.
Read before you ride: Public taxi transportation during Phase 2
17 May 21
Here’s what you need to know about the public transportation restrictions during this heightened alert period.
Public aid boosts SBS Transit net profit to $50.32m
11 May 21
The public transport operator received $18.57m as part of the government's COVID-19 relief programme.
Drone startup Performance Rotors takes off with new funding from EDB New Ventures
10 May 21
The fresh capital will help their expansion through Asia, Europe and the US.
SingPost reports fragile fiscal year with 47.7% net profit decline
6 May 21
COVID-19 hit the postal service's operations hard.
The road that led to Nextbillion.ai's mapping solution of the future
4 May 21
How these former Grab senior management created an all-in-one mapping solution.
Cross-border "compassionate" travel launched between Singapore and Malaysia
3 May 21
Travel may start, beginning May 17.
Ryde launches luxury ride hailing service
21 Apr 21
RydeLUXE aims to cater to high net-worth clientele.
SMRT to convert taxi fleet to electric in five years
20 Apr 21
SMRT would be the first point-to-point transport operator to deploy electric taxis on a large scale.
EuroSport Technologies, Strides Transportation to distribute electric motorcycles in Singapore
19 Apr 21
The partnership plans to capitalise on the global acceleration of electric vehicle adoption.
Grab IPO to eliminate 2023 maturity wall: S&P
15 Apr 21
Despite this, Grab's credit profile will continue to be constrained.
ComfortDelGro, ENGIE jointly bid for EV charging tenders
5 Apr 21
It will cover the operation of over 600 EV charging points.
SBS Transit chairman to retire after 18 years
26 Mar 21
Lim Jit Poh has been the chairman of SBS Transit since 2003.
Jardine Cycle & Carriage offers to buyout Cycle & Carriage Bintang
18 Mar 21
Cycle & Carriage Bintang is one of Malaysia's leading Mercedes-Benz dealers.
Mapletree Logistics to expand to India
18 Mar 21
Mapletree proposes the purchase of two new properties in South Asia.
Robot courier trial starts in Punggol
12 Mar 21
Autonomous robots deliver parcels and groceries to Punggol residents.
Daily Briefing: More drivers, wider range of services coming for Gojek users in SG; Green Li-ion raises $4.65m
9 Mar 21
And Lend East launches debt funding solution.
Ryde to launch $200m IPO
8 Mar 21
The riding app has appointed SAC Capital as financial advisor for the IPO to be listed through Catalist.
Neuron Mobility expands operations to Seoul
4 Mar 21
The company will deploy 2,000 Korean-spec e-scooters.
SBS appoints new CEO
2 Mar 21
Cheng Siak Kian has been the acting CEO since March 2020.
ComfortDelGro recovery underway: analysts
18 Feb 21
The group recorded a net profit of $61.8m for 2020.
Mapletree Logistics Trust to acquire five South Korea logistics properties
17 Feb 21
The proposed acquisition is priced at $334.8m.
EDB, ESG reveal Southeast Asia Manufacturing Alliance
9 Feb 21
It will give SMEs and suppliers connections to manufacturers in member industrial parks.
Daily Briefing: Construction of Jurong East Integrated Transport Hub to commence in Q2; OrderEZ lands $500,000 seed funding
4 Feb 21
And Robert Downey Jr’s venture fund invests in SG biotech startup RWDC.
Keppel Capital launches China logistics property fund
3 Feb 21
Its initial commitment is at around $288.8m (RMB1.4b).
Grab closes upsized US$2b term loan
3 Feb 21
The term loan is said to be the largest in the Asian technology sector.
AfA rolls out first driverless bus service in Singapore
29 Jan 21
The pilot programme is expected to end on 30 April.
LTA awards $34.3m contract for Downtown Line's Hume station
14 Jan 21
It covers the construction of an entrance, ventilation shaft, and fitting-out works.
TribeCar launches Super Economy car rental
7 Jan 21
Car rental will cost as little as $0.50 per hour.
Grab unlikely to break even until 2022
6 Jan 21
The company registered a negative EBITDA in 2019, and is expected to do the same in its 2020 results.
Singapore strengthens maritime sector COVID-19 regulations
4 Jan 21
Two new cases were recorded on 30 and 31 December 2020.
Investment firm Chasen secures $8.2m contracts in China, SEA
10 Dec 20
The new projects build on the momentum of Chasen’s business recovery.
Competitive intensity to decline for taxi industry: analyst
7 Dec 20
After years of disruption from ride-hailing apps, things may be about to finally settle for Singapore's taxis.
Singapore ranks second in global connectivity: DHL GCI
7 Dec 20
Six APAC countries have entered the top 30 in terms of overall connectedness.
Grab, Gojek make progress on merger terms
4 Dec 20
The talks are still fluid and may not result in a transaction.
URA, LTA launch pilot tender for electric vehicle charging points
1 Dec 20
They aim to have 200 public carparks to have EV charging points.

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