PSA International

Infrastructure

Tuas Megaport set to 'rethink the future of shipping': PM Lee

SINGAPORE (Oct 3): PSA’s new consolidated port in Tuas is set to “rethink the future of shipping,” says Prime Minister Lee Hsien Loong.

National Day Rally 2019

No need yet for economic stimulus, PM says, as Singapore looks to infrastructure for the future

SINGAPORE (Aug 19): Even as Singapore teeters on the edge of a technical recession, Prime Minister Lee Hsien Loong says there’s no need yet for immediate economic stimulus measures.

In print this week

HPH Trust feels full-blown effect of US-China trade war

SINGAPORE (May 17): The board of Hutchison Port Holdings Trust (HPH Trust), led by chairman Canning Fok, had to face frustrated shareholders at its annual general meeting, which this year was held on the morning of April 26.

Geopolitics

Briefs

SINGAPORE (May 13): “I have waited my entire career to trade a stock like this, and to open an IPO like Uber.” — Pete Giacchi, senior trader at Citadel Securities. Uber is set to start trading on May 10.

Deals, joint ventures & alliances

SATS, PSA ink MOU to establish sea-air connectivity

SINGAPORE (May 9): SATS and PSA International on Thursday signed a memorandum of understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity.

PSA container throughput up 5.5% in 2016

SINGAPORE (Jan 12): PSA International reports that containers handled at its port projects around the world increased 5.5% to 67.63 million Twenty-foot Equivalent Units (TEUs) in 2016.

GKE’s newly-acquired TNS diversifies from ports to airports

SINGAPORE (Dec 1): Barely has the ink dried on GKE Corp’s $9 million acquisition deal of port services provider TNS that another revenue stream is opening up.
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