The Business Times
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Derryn Wong

Derryn Wong

CORRESPONDENT

BT’s transport correspondent has covered the automotive industry for more than 15 years and now also reports on mobility, aviation and shipping. If it moves people or things, he’s interested and even more interested if it does so faster, better and cleaner.

emailderrynwong@sph.com.sg
Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit.

Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD

The Singapore and Malaysia car retailer’s staying power stems from its management and people, says Wilfrid Foo

Kerry Mok, president and CEO of Sats, says the Covid-19 pandemic clearly showed that the group needed to strengthen through diversification.
OUTSTANDING CHIEF EXECUTIVE OF THE YEAR

How Sats CEO Kerry Mok turned the group’s lowest ebb into sky-high results on a global stage 

He explains why good leaders need to own everything, recruit people smarter than them and ‘over-communicate’

Toyota is expanding its electric model range with the (from left) BZ4X Touring and Urban Cruiser.

Toyota to launch its first mainstream EV in Singapore in Q3 2026

The Urban Cruiser will use a Category A COE; another SUV, the bZ4X Touring, will also hit the market

Heavy vehicle demand to serve major construction projects has helped drive Category C COE premiums to new heights.

Policy changes, construction demand push commercial vehicle COE premiums to new record

Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players

Demand for electric heavy commercial vehicles has driven the Certificate of Entitlement premium to new heights, say industry observers.

Commercial vehicle COE premium up 5.4% at record high of S$92,223

Category B hits a six-month high, while Category A is the only premium to dip

As fuel prices climb and the effects of hedging lessen, air travel in the Asia-Pacific could see increased ticket prices and depressed demand.

Effects of Iran conflict will become more serious in coming months, says Apac airline group

Governments and airlines must cooperate closely, says head of Association of Asia Pacific Airlines

From left: Chua Chu Kang GRC MP Dr Choo Pei Ling; SP Mobility MD Dean Cher; and Senior Minister of State for Transport Sun Xueling at the event.

Singapore launches first EV fast-charging hub within an HDB car park at Tengah

The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output

Previous offers for Automobile Megamart's lease renewal had lapsed as the subsidiary proprietors failed to come to a consensus.

Car dealers submit S$68 million for renewal of Automobile Megamart’s lease

If successful, the site’s lease will be extended until the end of 2040

Singapore automotive portal UCars shuttered its office at 81 Ayer Rajah Crescent in late 2024.

Troubled platform UCars founded by group of dealers wound up on S$4 million debt

Winding up application filed on Feb 23 after previous legal tussles between company and its main shareholder

The penalties for keeping or using de-registered vehicles were recently increased in February.

3 to be charged in Singapore over use of de-registered vehicles 

The offences were committed between 2024 and 2025; two of them involved crossing land checkpoints

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