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public transport
SMRT fires eight employees over flooding incident
SINGAPORE (Nov 29): SMRT Corp., which operates Singapore’s two oldest rail lines, said it fired eight employees and disciplined three others for their roles which led to a flooding incident last month.
November 29, 2017
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
April 19, 2017
In print this week
Can Singapore’s trains run 300,000 km straight without delays?
SINGAPORE (March 17): Transport minister Khaw Boon Wan has set an ambitious target for rail reliability.
March 17, 2017
Results
SBS Transit posts 43% rise in 3Q earnings to $7.8 mil on higher revenue
SINGAPORE (Nov 10): SBS Transit reported a 43.2% increase in 3Q16 earnings to $7.8 million from $5.5 million in 3Q15.
November 10, 2016