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SATS aims to do more for less with tech

GROUND handler and caterer SATS is investing significantly in technology and innovation to position itself for growth amid a tight labour market and a dynamic operating landscape. In particular, mega-trends such as rapid urbanisation, the burgeoning demand for travel and the rising popularity of e-commerce are also creating opportunities for the group, says SATS chief executive Alexander Hungate. For instance, as passenger traffic grows across...


Logistics start-up Lalamove raises $136m to boost growth

The logistics start-up Lalamove that operates here and across the region has raised US$100 million (S$136 million) in its latest funding round. The round was led by ShunWei Capital, with participation from several previous investors, including Xiang He Capital and MindWorks Ventures. Hong Kong-based Lalamove will use the funds to ramp up growth in China and South-east Asia, as well as invest in talent to build new product features and provide...


Advanced robotics at YCH's new facility

Singapore logistics player YCH has given the fast-growing sector a big boost by unveiling what is said to be the region's largest and tallest automated storage retrieval system in Jurong West. Its top-of-the-range Supply Chain City facility, launched yesterday at the Jurong Innovation District, uses cutting-edge technology. YCH chairman Robert Yap said at the launch: "We can serve the future distribution and fufilment needs of Asia-Pacific from...


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