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logistics
Results
Keppel T&T 4Q earnings up more than fivefold at $17.1 mil on one-off gains
SINGAPORE (Jan 24): Keppel Telecommunications & Transportation (Keppel T&T) has announced earnings of $17.1 million for 4Q17, up more than fivefold from $3.1 million a year ago on the back of fair value gains from the reclassification of an associated com
January 24, 2018
M&A
GKE Corp in new JV to expand specialised chemical services
SINGAPORE (Dec 21): Logistics providers GKE Corporation and Kleio One-Solution have set up a joint venture called G-Chem Logistics for a total consideration of $0.46 million.
December 21, 2017
Startups, Entrepreneurs, Digital economy
Shell experiments with mobility and logistics via startup investments
SINGAPORE (Nov 27): Royal Dutch Shell is scouring Asia for digital start-ups to support its clean energy unit. The world’s second-largest publicly traded oil company started a New Energies business last year as global use of renewable energy sources gro
November 30, 2017
Broker's Calls
SingPost off to a good start, shows signs of a turnaround
SINGAPORE (Nov 17): DBS Vickers Securities is maintaining its “hold” call on Singapore Post (SIngPost) with a lower target price of $1.23 compared to $1.26 previously to imply a yield of about 2.7%.
November 17, 2017
Startups, Entrepreneurs, Digital economy
Planes, trains and automobiles: Lazada's logistics battle to win SE Asia
SINGAPORE (Sept 29): Southeast Asia is on the verge of a logistics "boom" thanks to e-commerce, but will require huge investment in cities and last-mile networks to cope, says Pierre Poignant, the man behind the systems that keep Alibaba-owned Laz
September 29, 2017
Allianz expands logistics business into Japan by investing with E-Shang Redwood
SINGAPORE (Sept 29): Allianz today announced that it has finalised a US$100 million ($136 million) investment into Redwood Japan Logistics Fund II (RJLF2), an E-Shang Redwood (ESR) managed fund.
September 29, 2017
Tech
CrimsonLogic subsidiary launches new trade facilitation platform for ASEAN freight forwarders
SINGAPORE (Sept 22): Global eTrade Services (GeTS), a subsidiary of government focused e-solutions company CrimonLogic, has launched a freight forwarder community-centric platform named ‘hive’ to facilitate connectivity between freight forwarders, the
September 22, 2017
Property
ESR-REIT sponsor partners Invesco to manage RMB2 bil China portfolio
SINGAPORE (Sept 8): ESR, the sponsor of ESR-REIT which was formerly known as Cambridge Industrial Trust, has formed a joint venture (JV) partnership with Invesco Real Estate (IRE) to acquire and manage a portfolio of Grade A stabilised logistics assets in
September 08, 2017
YuuZoo's European JV acquires business assets of Cinram Logistics France
SINGAPORE (Sept 4): YuuLog Europe, a joint venture (JV) company recently set up between YuuZoo Corp and the former management of Cinram Logistics France (CLF), has acquired the business assets of CLF, including a business that is expected to generate more
September 04, 2017