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.
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Autobahn Rent A Car and related companies’ moratorium application dismissed
The High Court ruling opens the way for creditor actions and insolvency proceedings, which may include being wound up
COE supply expected to rise 20% in 2026, but premiums may not fall in proportion
Demand for electric vehicles and from private-hire fleets could keep premiums elevated, say industry observers
Autobahn-Shariot group reveals possible S$100 million investment, says it is solvent
Shariot could be hived off into a JV with potential investors; group plans to begin repaying debts in January as its liabilities...
Creditors of Autobahn Rent A Car, Shariot group claim S$38 million more, contrary to group’s own estimates
DBS, UOB, OCBC, Teck Wei Credit and Toyota Financial Services list liabilities higher than those listed by the group
SingPost’s 2024 fraud incident allegedly involved e-commerce shipments bound for Canada
Fraudulent practice could have begun some time in 2023 and affected hundreds of parcels
Mainstream car COE premium climbs 3.9%, but large car category slides 7.1%
The focus on Category A comes as brands strive for sales in the last bidding round of 2025
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles
Singapore police seize over S$539,000, freeze 176 bank accounts in anti-scam operation
The resulting investigations involve 176 individuals aged between 16 and 85
Shenzhen government acquires portion of Hutchison Port Holdings’ land for 15.6 million yuan
The 7,775 sq m acquisition is for a land-sea corridor and rail link development
OUE Reit gets S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes
