DHL Express to triple capacity with new S$140m facility
When completed in 2016, it will have the first fully automated parcel sorting and processing system in South Asia
Singapore
TO capitalise on the growing trade volumes in South-east Asia, DHL Express is pumping S$140 million into a new logistics facility within the Singapore Changi Airport's Changi Airfreight Centre.
Unveiling the plan on Thursday, the international cargo service provider said the facility will also double up as DHL Express' expanded South Asia Hub.
TRENDING NOW
Why US$100 oil, 5% US yields affect Singdollar, ringgit differently vs other Asean currencies
Asia needs new energy security architecture
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
Anthropic to open Singapore office in October, sees it as a ‘standout market’ for Claude