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
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
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%
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
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
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
Saic’s India venture to invest up to US$440 million on expansion, deepen bet on hybrids, EVs
The country is the world’s third-largest car market
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
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
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