Transport & Logistics

Vicom posts 77.6% surge in H2 net profit to S$26.9 million

The group proposes a tax-exempt, one-tier final dividend of S$0.053 a share for FY2025, up from S$0.03 in the financial year before

SIAEC on Thursday reported a net profit of S$41.9 million for the third quarter.
BROKERS’ TAKE

OCBC upgrades SIAEC to ‘buy’ as other analysts weigh expansion costs impact

Target prices hover around S$4 as analysts balance robust joint-venture profits against heavy startup costs for new hangars

Staff affected would be offered jobs in other parts of Deutsche Bahn, which employs around 220,000.

Germany's DB Cargo plans 6,000 job cuts in bid to return to profit

DB Cargo is the market leader, but its competitors are catching up with a combined market share of around 60%

An artist's impression of the upcoming North-South Line/Downtown Line interchange station NS6/DE2.

LTA awards two Downtown Line extension contracts worth S$735 million

Construction works for the new stations are expected to start in the second quarter of 2026

The world’s largest planemaker now targets a narrowbody output rate of between 70 and 75 jets a month by the end of next year, stabilising at 75 a month beyond 2027.

Airbus softens output goal amid Pratt & Whitney engine delays

The two companies have said they have yet to conclude an agreement on volumes for either 2026 or 2027

Cargo loads were flat year on year, while capacity fell 2% due to scheduled freighter aircraft maintenance and fleet redeployment.

SIA Group’s passenger traffic up 0.7% in January

Singapore Airlines and Scoot carried 3.7 million passengers in January, 4.1% higher year on year

Fernandes has said that he aims to list all of his non-aviation businesses under holding company Capital A over the coming years.

AirAsia chief says brand unit is nearing Nasdaq backdoor listing

The deal will involve the merger of the branding unit with the US-listed company

The expansion will also see Uber enter Austria, Denmark, Finland and Norway.

Uber targets US$1 billion boost with 2026 European expansion

The company expects the move to generate an additional US$1 billion in gross bookings over the next three years

The company records higher profit margin of 43% in Q1, from 41% previously.

Marco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions

Revenue rises 27% to S$32.8 million as group expands ship chartering operations