Transport

Cat A hits record S$129,000 as COE rises across the board

Two-thirds of the funding will go towards cross-cutting capabilities in autonomy and digital twins, while the remainder will be used to deepen capabilities in the air, sea and land transport sectors.

Singapore to pump S$800 million into transport and connectivity research and innovation over 5 years

India met its target of blending 20% ethanol into petrol five years ahead of schedule in 2025 and is evaluating a further increase in the mandate. 

Modi’s biofuel push comes under pressure as India’s motorists protest

Singapore is one of three Asia-Pacific countries in the top 10 of Compare the Market’s EV-Friendly Countries Index.

China, South Korea, Singapore lead Apac in global EV ranking 

DBS has turned more bullish on CDG’s capacity for shareholder-friendly actions, raising its projected dividend payout ratio to 85% from 80%.
BROKERS’ TAKE

DBS raises ComfortDelGro to ‘hold’, lifts target price to S$1.30

This comes as Tehran’s Islamic Revolutionary Guard Corps on Jun 20 declared the waterway shut again in response to Israeli strikes in Lebanon.

Shipping slows after Iran says it has again shut the Strait of Hormuz

Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific.

Singapore’s Carro enters Australia market with acquisition of used-car platform CarPlace

The “ERP Ahead” notification will appear at the last possible exit before motorists reach a charging location.

ERP alerts, roadside e-parking payment in trial ahead of ERP 2 roll-out

A roundup of the week’s tanker and dry bulk market.

Baltic Exchange Shipping Insights

TTS managing director Kelvin Foo (second from left) receiving the group's Enterprise 50 Award in 2024.
ENTERPRISE 50

TTS Group: Offering ‘total traffic solutions’ for cities around Asia