Transportation

Choppy seas or not, the course has been set and the industry must follow

With only 12% of the land in Singapore is set aside for roads and transport infrastructure, the city state is noted as a regional leader in smart transportation.

SINGAPORE (May 20): The march of electric vehicles (EVs), is advancing at a steady clip, with commercial vehicles starting to grow significantly in addition to passenger vehicles. EVs are on track to dominate global sales of passenger cars and buses by 20

SINGAPORE (May 14): ComfortDelGro Corporation Limited (CDG) has announced earnings of $70.4 million for the 1Q ended March, rising 6.2% from $66.3 million in 1Q18 due to higher revenue, driven by strong contributions from recent acquisitions made in late

(Nov 28): Indonesia’s Go-Jek plans to roll out a preliminary version of its ride-hailing app in Singapore on Thursday, bringing fresh competition to the hometown of arch-rival Grab, according to people familiar with the plan.

SINGAPORE (Sept 19): UOB Kay Hian is maintaining its “hold” call on Singapore Airlines group with a target price of $10.10, valuing the group’s core airlines operations at 0.7 times FY18 forward earnings.

SINGAPORE (July 11): Singapore state investment company Temasek has announced that its net portfolio value for the year ended March rose 14% to $275 billion.

SINGAPORE (May 15): OCBC continues to rate ComfortDelGro (CDG) at “buy” with a lower fair value estimate of $2.88 from $2.95 previously, following the release of the land transport group’s 1Q results on Friday.

SINGAPORE (Oct 18): Global Logistic Properties (GLP) announced that it has signed 2.3 million sf of new leases in China, US and Japan to e-commerce related companies.