Transport & Logistics
BYD debuts China’s most advanced EV chip in smart-driving push
The most advanced chip globally is the 2nm N2 node made by Taiwan Semiconductor Manufacturing Company
OKP wins S$165.3 million LTA contract for commuter infrastructure works
It will design and construct elevator shafts at 30 pedestrian overhead bridges
Michelin to cut up to 1,500 jobs in France to reduce costs
FRENCH tyre maker Michelin is considering a plan to cut up to 1,500 jobs over three years to reduce costs, the company said on Thursday, as it faces a hit from the Iran war.
China’s auto industry is unlikely to return to ‘golden era’, Nio CEO says
A rebound in the domestic market has yet to materialise, despite the sector’s continued export strength
American Airlines sees resilient demand cushioning fuel-price hit
There is ‘no doubt’ demand has a K-shaped pattern, says CEO Robert Isom
IndiGo, Air India cut June-July domestic flights amid high jet fuel prices: sources
Reductions highlight the vulnerability of the South Asian nation’s aviation industry to external shocks
China's Xpeng backed by local government investment fund with undisclosed sum
[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on a local government investment fund in the southern province of Guangdong.
Sats may reward shareholders with special dividend if there’s spare cash
The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20% Ebitda margins
Even after a Strait of Hormuz deal, moving 1,500 ships won’t be easy
For now, some in the shipping industry are sceptical about the prospects of a deal to reopen the strait
ERP charges may resume in Orchard Road if congestion in the area worsens: LTA
[SINGAPORE] Electronic Road Pricing (ERP) operations may return to the Orchard Road area if congestion in the shopping district worsens, the Land Transport Authority (LTA) said in a statement on May 2...