logistics

Tech

UPS drones launched from its trucks could soon deliver your packages

SINGAPORE (Feb 22): Logistics giant UPS on Wednesday announced the successful test of a delivery drone that launches from the top of its package car.

Investing strategies

3 stocks to focus on now that the CFE report is out

SINGAPORE (Feb 10): CIMB Research is highlighting its most preferred stocks from various sectors which it thinks could benefit from the strategies set by the Singapore government for the long term, following yesterday’s release of the long-awaited Commi

Chasen secures $20.6 mil worth of new projects for FY17

SINGAPORE (Jan 24): Chasen Holdings, the investment holding company with subsidiaries in specialist relocation solutions, technical & engineering services and third-party logistics, has secured three book orders totalling to $20.6 million for the financia

In print this week

Preparing for unpredictability

SINGAPORE (Dec 11): It has been an interesting year for jobs and employment in Singapore. On the one hand, jobs have been harder to come by, and more people are clinging on to their positions at work because of a lack of options.

Broker's Calls

EC World REIT ride on China’s new economy

SINGAPORE (Nov 28): EC World REIT’s portfolio of six properties for e-commerce, supply-chain management, and logistics purposes in Hangzhou is well positioned to ride the city’s efforts to develop into China’s hi-tech hub, says KGI Securities.

In print this week

The secret behind Keppel T&T’s above-market valuation

Singapore (Nov 25): Keppel Telecommunications and Transport, a unit of the Keppel Group, could see more corporate action ahead in light of prolonged low oil prices.

In print this week

SingPost sets sights on regional e-commerce boom with new logistics hub

SINGAPORE (Nov 4): At Singapore Post’s brand-new e-commerce logistics hub, T-shirts, gadgets and cosmetics are stacked in some 18,000 blue boxes — called totes —at one corner of the warehouse floor.

Broker's Calls

EC World REIT set to deliver in hot growth sector

SINGAPORE (Nov 3): The recent buzz around logistics property companies has brought EC World REIT to NRA Capital’s attention. The REIT mainly invests in e-commerce, supply chain management and logistics properties in China.

Results

EC World REIT reports DPU of 0.991 cents in maiden results, 2.5% shy of forecasts

SINGAPORE (Oct 28): EC World Asset Management, the manager of newly-listed EC World REIT, announced a distribution per unit (DPU) of 0.991 cents for its first reporting period from Jul 28 to Sept 30 – 2.5% under the forecast 1.016 cents due to a shortfa

Alibaba’s second investment in Singpost approved; completes Quantium JV

SINGAPORE (Oct 27): The Infocomm Media Development Authority of Singapore has finally given Alibaba the go-ahead to increase its stake Singpost for the second time from 10.2% to 14.4%.
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