ComfortDelgro

As taxi drivers rejoice at news of an extended relief package worth $80 million, investors should brace themselves as the group prepares to report a full-year loss for the very first time since 2003.

SINGAPORE (Sept 9): Trans-cab Services, Singapore’s second-largest taxi operator, is reviving its plans for an initial public offering, according to people with knowledge of the matter, as the city-state prepares to tighten regulations on its ride-hail

SINGAPORE (Sept 4): Singapore’s Public Transport Council (PTC) announced Tuesday that public transport fares could increase by as much as 7% in the fare review exercise for 2019, on the back of double-digit increase in energy prices.

SINGAPORE (Aug 5): ComfortDelGro's car rental and leasing arm, Rent-A-Car (CRAC) is adding five prime movers to its fleet to muscle its way into the heavy vehicle arena.

SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world continue to ease their monetary policies.   

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

SINGAPORE (Sept 27): Phillip Capital is keeping an “overweight” recommendation on the land transport sector due to positive industry restructuring following the exit of Uber and the worst being over for the taxi industry.

SINGAPORE (Apr 25): ComfortDelGro is said to be in talks with Indonesia’s ride-hailing app provider Go-Jek to explore a partnership even as its tie-up with Uber comes under threat.

SINGAPORE (Apr 9): ComfortDelGro Corporation is expanding into the non-emergency patient transportation business through an A$30 million ($30.2 million) acquisition Down Under.

SINGAPORE (Mar 22): Phillip Capital is maintaining an “overweight” for Singapore’s land transport sector on regulatory reviews and changes with ComfortDelGro (CDG) its top “buy” pick with a $2.50 target.