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Land Transport Authority (LTA)
Company in the news
EuroSports Global's Scorpio Electric's electric maxi-scooter granted special purpose licence by LTA
The licence allows Scorpio Electric to conduct tests for 12 months starting mid-July.
July 15, 2024
Broker's Calls
SINGA bonds a 'long term positive' for SGD bond market: Maybank KE
SINGA bonds can help add diversity to the existing Singapore Government Securities (SGS), says the brokerage.
February 22, 2021
Company in the news
Tiong Seng appoints former MP Teo Ho Pin as new independent board director
Teo’s appointment will take effect from Oct 15.
October 12, 2020
Broker's Calls
Relief for ComfortDelGro once Phase 3 begins: RHB
The average daily number of trips for 1-shift taxis is now at approximately 75% of the historical average.
October 07, 2020
Management & Corporate Governance
Tritech, Tiong Seng executives charged with bribing former LTA official
Henry Foo allegedly received a total of $1.24 million in loans from the contractors between 2014 and 2019
July 24, 2020
Disruption and Digitalisation
Broad regulations for a disrupted industry
SINGAPORE (Aug 12): A new licensing regime for private-hire platform operators that will kick into effect next June could level the playing field between taxi operators and ride-hailing platform providers, as well as protect drivers and consumers alike. H
August 08, 2019
Disruption and Digitalisation
Singapore to step up oversight on Grab, Gojek to enhance safety
SINGAPORE (Aug 7): Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers.
August 07, 2019
Fintech
Visa rolls out nationwide contactless payments service for mass transit commuters
SINGAPORE (June 6): Public commuters in Singapore may now opt to pay for their bus or mass rapid transit (MRT) rides with their Visa contactless cards or compatible mobile devices, instead of using cash or EZ-Link cards.
June 06, 2019
Singapore economy
Singapore proposes stricter rules for ride-hailing operators
(Jan 25): Singapore is proposing to step up regulation of ride-hailing companies such as Grab and Go-Jek, bringing rules for the services in line with taxi operators in a bid to better protect the safety of commuters and drivers.
January 28, 2019
Lum Chang secures $799 mil contract from LTA for design and construction of north-south corridor
SINGAPORE (Dec 21): Lum Chang Holdings announced that its wholly-owned subsidiary, Lum Chang Building Contractors, has won a tender for the design and construction of the north-south corridor (tunnel) between Ang Mo Kio Ave 3 and Ang Mo Kio Ave 9 worth $7
December 21, 2018