SMRT, SBS Transit sign MOU with ST Engineering

IN A move which will see Singapore's two rail operators working formally together for the first time, SMRT and SBS Transit (SBST) signed a collaboration memorandum of understanding with defence and engineering group ST Engineering on Monday.

New acquisitions drive ComfortDelGro's Q1 profit

POWERED by contributions from new acquisitions, transport giant ComfortDelGro posted a 6.2 per cent increase in first-quarter earnings to S$70.4 million for the period ended March 31.

ComfortDelGro ekes out 0.6% rise in profit despite poorer taxi, automotive engineering performances

TRANSPORT giant ComfortDelGro Corp posted a modest 0.6 per cent rise in net earnings to S$303.3 million for the year ended Dec 31, 2018 as weaker taxi and automotive engineering performances offset a strong public transport segment.

SBS Transit posts record earnings; hikes dividend

NEW government bus contracts introduced last year drove earnings sharply north for transport operator SBS Transit (SBST).

SBS Transit's Q3 earnings surge 77%

TRANSPORT operator SBS Transit posted a strong surge in earnings for the third quarter ended Sept 30.

Former ComfortDelGro CEO Kua Hong Pak dies, aged 74

FORMER ComfortDelGro Corp chief executive Kua Hong Pak has died after a long battle with cancer.

Bus and train fares to go up by 6 cents per trip from Dec 29

BUS and train fares will rise by six Singapore cents per trip from Dec 29, when the latest annual revision approved by the Public Transport Council (PTC) kicks in.

Motor insurance claims climb by 11.8% despite fewer reported accidents

MOTOR accidents are becoming more severe and involving more injuries, going by first-half results released by the General Insurance Association (GIA) on Tuesday.

ComfortDelGro's Q2 net earnings dip 5.5% to S$75m

TRANSPORT giant ComfortDelGro Corp posted a 5.5 per cent dip in net earnings to S$75 million for the Q2 ending June 30.

Car COEs creep up while others dip

CERTIFICATE of entitlement (COE) prices ended mostly higher at the latest tender on Wednesday as traders rushed to clear a backlog of orders.

ComfortDelGro buying up to 1,200 hybrid Hyundai cabs

AS PART of the taxi industry's move away from diesel, cab giant ComfortDelGro Corp will buy up to 1,200 petrol-electric Hyundai Ioniq Hybrids, which will be delivered by the middle of 2019....

COEs for cars rebound; Cat A premium up 30.8%

CERTIFICATE of entitlement (COE) prices for cars ended higher at the latest tender on Wednesday, signalling strong sales after premiums plunged to an eight-year low two weeks ago.

Monthly COEs to rise 12.5% in upcoming quarter

THERE will be more certificates of entitlement (COEs) for the next three-month quota period starting from August - something which motor industry player say will keep premiums stable.

PARLIAMENT

Singapore has spent S$250m so far on high-speed rail

SINGAPORE has already spent more than S$250 million on the Kuala Lumpur-Singapore high-speed rail (HSR) project, and is likely to expend another S$40 million or so by the end of this year, said Transport Minister Khaw Boon Wan in Parliament on Monday.