Land Transport Autho­rity­ (LTA)

LTA to pilot blockchain-based conditional payments solution with OCBC - THE EDGE SINGAPORE

Singapore Fintech Festival 2024

LTA to pilot blockchain-based conditional payments solution with OCBC

The move aims to digitally transform LTA’s disbursement of mobilisation advance payments to contractors.

Contracts

OKP Holdings secures new contract from LTA worth $92.9 mil, orderbook hits record of $735.2 million

OKP has won three LTA contracts for cycling path networks since last August totalling $359.5 million

Contracts

OKP subsidiary secures $44.5 mil LTA contract

The contract raises the group’s current construction order book to approximately $656.5 million, with projects extending to 2027.

Contracts

OKP Holdings secures $12.7 mil LTA contract for Western sector road improvement programmes

As at Dec 11, OKP’s construction order book stands at $596.4 million, with contracts extending till 2026.
No new diesel cars and taxis for Singapore from 2025 - THE EDGE SINGAPORE

Transport

No new diesel cars and taxis for Singapore from 2025

The LTA will cease registration of diesel-powered cars and taxis to encourage adoption of EV vehicles.

Company in the news

Tiong Seng executives charged in court, denies bribery allegations

In a statement on July 24, Tiong Seng Holdings says Pek and Pay are currently on bail, and have both denied the alleged offences.

Transport

PMD ban puts dent in Singapore's car-lite ambitions

SINGAPORE (Nov 11): Love them or hate them, personal mobility devices (PMDs) have made their presence felt in Singapore. But with the introduction of a ban on their use on footpaths effective Nov 5, you will see less of these devices.
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