private-hire cars

Startups, Entrepreneurs, Digital economy

LTA may allow taxis, private-hire cars to do deliveries on trial basis

SINGAPORE (Sept 10): Taxi operators and private-hire car firms who are interested in allowing their drivers to perform courier services on a limited trial basis can approach the Land Transport Authority (LTA), Senior Minister of State for Transport Janil

Broker's Calls

ComfortDelGro to rise above the land transport sector’s negative noise

SINGAPORE (April 19): Deutsche Bank is keeping its “buy” recommendation on land transport group ComfortDelGro (CDG) at a target price of $2.90, although it notes near-term pressures abound in Singapore’s taxi industry as well as projects 5-7% lower

Broker's Calls

Why analysts think ComfortDelGro investors can rest easy

SINGAPORE (Jan 6): UBS and RHB are reiterating their “buy” calls on ComfortDelGro with target prices of $3.43 and $3.24 respectively in anticipation of higher earnings growth over the next few years.

RHB strategy for 2017

Why consumer staples will remain at the forefront of attention in 2017

SINGAPORE (Jan 4): In the opinion of RHB analyst Juliana Cai, consumer discretionary spending in Singapore is likely to continue being weighed down by persistent concerns over job security and stagnant wages – bringing consumer staples to the forefront

RHB strategy for 2017

Singapore’s land transport sector is revving up for a smooth ride

SINGAPORE (Jan 3): RHB has given Singapore’s land transport sector an “overweight” rating amid regulatory tailwinds and improved growth prospects.
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