Local bus and train fares to rise by 7% from Dec 28
BUS and train fares will rise by 7 per cent from Dec 28, although the hike will be cushioned for more than one in two Singaporeans, who enjoy concessionary fares.
ComfortDelGro Q2 earnings up 1.2% at S$75.9m
TRANSPORT giant ComfortDelGro Corp posted a 1.2 per cent rise in earnings to S$75.9 million for the second quarter, with higher public transport takings and contributions from new acquisitions offset by lower investment income, higher financing charges and unfavourable exchange rates.
Higher fares, rising ridership lift SBS Transit Q2 earnings by 24.5%
BUS and rail operator SBS Transit posted a 24.5 per cent rise in earnings to S$24.2 million for the second quarter, on the back of higher fares and rising ridership.
New licensing framework tightens reins on private-hire firms
FOR the first time since ride-hailing apps appeared six years ago, commuters can look forward to a formal licensing regime which will allow the authorities to mandate safety standards and act against breaches.
ComfortDelGro's self-driving shuttle at NUS to start taking passengers
AN AUTONOMOUS shuttle service which transport giant ComfortDelGro has been testing at the National University of Singapore campus since May will start taking passengers on Tuesday.
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.