Tay Peck Gek

Tay Peck Gek

SENIOR CORRESPONDENT

Former fixture at the supreme court house where this reporter had the privilege to see how the razor-sharp minds exercise their wisdom in upholding justice. From following the smart minds to following the smart money now, this newshound hopes to report quality transportation, logistics and legal news.

Minister for Digital Development and Information Josephine Teo (far right) at the launch of the facility. With her are SingPost CEO Mark Chong (at left) and chairman Teo Swee Lian (partially hidden).

SingPost unveils S$30 million sortation machines that will boost its parcels processing capacity

New systems will increase capacity to process small and medium-sized parcels from 100,000 to 300,000 per day

Linerlytica's analysis found that container output — and their prices— rose in 2021 to meet demand.

Surge in demand fuelled container price jump, says data provider Linerlytica

[SINGAPORE] An analysis of container production showed that the surge in the prices of new shipping steel boxes in the last few years was fuelled by demand, container shipping data provider Linerlytic...

Singamas Container, China International Marine Containers, Shanghai Universal Logistics Equipment and CXIC Group Containers are the companies that have been accused.

Singamas and other alleged container cartel members could face lawsuits from customers

US law firms say that civil claims could be filed, on top of the criminal charges brought by the Department of Justice over price-fixing

If there are Singapore depository receipts for Taiwan stocks, their accessibility for Singapore investors will be improved.
HOCK LOCK SIEW

Investors can ride Taiwan’s AI boom with Singapore depository receipts

Several are available, offering an option to tap the sizzling stock market

CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets.

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

Teo Siong Seng has not been served with any legal process or other legal documentation by the US Department of Justice, says Singamas.

Singamas says company, Teo Siong Seng have not been served with any legal process by DOJ

PIL declines comment on its unit Singamas’ legal matters; Singamas shares fall 13.6% on news of alleged price collusion

SIA and Scoot have raised airfares across their networks, but the group says these adjustments do not fully offset the spike in jet fuel prices.

SIA H2 FY2026 earnings fall 53.6% to S$945.5 million on absence of accounting gain

SIA’s share of Air India’s full-year losses mounts to S$945.2 million

SingPost says it will retain its flagship SingPost Centre as it is bullish about the upside potential of the building, which will remain a cornerstone of its property assets business.

SingPost H2 net profit falls 81.5% to S$41.2 million as traditional business worsens

This comes as operating environment for the logistics and letters business remains challenging

The decision to not sell SingPost Centre marks a reversal from an earlier decision by SingPost's previous board to divest the Paya Lebar building.

SingPost to keep, enhance SingPost Centre in U-turn from plan to sell it

The cash cow is now part of 3 new priorities aimed at sustainable growth