transport

How 10 urban cities including Singapore found ways around their transport & mobility challenges

SINGAPORE (June 6): In its third initiative with the Centre for Liveable Cities (CLC), the Urban Land Institute (ULI) today announced the launch of a new report at the 2017 ULI Asia-Pacific Summit in Singapore.

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

Competition for drivers to intensify as ComforDelGro gives dynamic pricing the cold shoulder

SINGAPORE (March 30): UOB Kay Hian is keeping its “hold” rating on land transport group ComfortDelGro (CDG) at a target price of $2.47, due to the lack of strong catalysts as the local taxi industry continues to undergo structural shifts with the rece

Singapore rattles sharing economy with rule change

SINGAPORE (Feb 23): Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia.

CIMB Looks Ahead

What does 2017 hold for transport companies?

SINGAPORE (Dec 8): CIMB is maintaining its lacklustre view of Singapore’s transport and air services companies amid stiff competition and other headwinds from foreign exchange and oil price volatility.

Results

ComfortDelgro’s 3Q earnings rise 2.5% to $87.3 mil on lower expenditure

SINGAPORE (Nov 11): Transport group ComfortDelgro posted $87.3 million in earnings for 3Q16, 2.5% higher from $85.2 million in the same quarter a year ago on the back of lower expenditure, bringing earnings per share (EPS) in 3Q to 4.05 cents compared to

Singapore’s Sept industrial production implies better 3Q GDP

SINGAPORE (Oct 27): Singapore’s industrial production (IP), which grew by 6.7% y-o-y in Sept, suggests an upward revision to the final 3Q16 GDP from the earlier advance estimate of 0.6% on year, says Maybank Kim Eng.
Amit Jain

Uber aims to unseat Ola in US$10 bil India ride-hailing market

BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-

Singapore’s Industrial Production signals slowdown in real GDP growth

SINGAPORE (Sept 27): Singapore’s industrial production (IP) rose 0.1% on the back of higher output from electronics, precision engineering and chemical production, but IP dropped 1.3% in July-Aug from last year, this suggests downward pressure on gross

S i2i launches commercial electric vehicle fleet on Uber

SINGAPORE (Sept 19): S i2i has launched its commercial Electric Vehicle (EV) fleet of seven pure electric cars using car hailing services from Uber, according to parent company S Dreams.
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