• 14
    Feb

    Analysts embrace SingPost's e-commerce goals despite impairment risk

    The Business Times by ANITA GABRIEL

    Singapore ONLY last month, a Deutsche Bank research report on Singapore Post with the sweetest word in stock speak - a "buy" call - had reckoned that the postal company was unlikely to make "significant" impairments "unless assumptions vetted by auditors… More

  • 14
    Feb

    Logistics firm gets automation boost

    The Straits Times by JACQUELINE WOO

    The opportunities presented by the booming e-commerce market have prompted logistics player Bollore Logistics to invest $10 million in a new automation project. It will tap on advanced technology and robotics to improve and mechanise various processes,… More

  • 10
    Feb

    SATS' Q3 earnings up 7.4% at S$65.1m

    The Business Times by STEPHANIE LUO

    Singapore GROUND-HANDLING and inflight catering service provider SATS announced on Thursday a 7.4 per cent growth in its third-quarter net profit, suggesting that the collapse of South Korea's Hanjin Shipping had helped boost the cargo market. Net profit… More

  • 10
    Feb

    SIA to spend US$13.8b on new Boeing aircraft

    The Business Times by MICHELLE QUAH

    Singapore SINGAPORE'S flagship carrier intends to spend US$13.8 billion (S$19.5 billion) on 39 Boeing aircraft, to drive additional growth and fleet modernisation through the next decade, it said in an announcement yesterday. Singapore Airlines (SIA)… More

  • 19
    Jan

    Warburg Pincus goes big on S'pore logistics firms

    The Business Times by LEE MEIXIAN

    Singapore PRIVATE equity firm Warburg Pincus is ramping up to become a major logistics player. On Wednesday, its subsidiary announced an acquisition of 80 per cent of the manager of Cambridge Industrial Trust (CIT) for an undisclosed sum. This follows… More

  • 06
    Jan

    SingPost shareholders greenlight share placement to Alibaba

    The Business Times by MELISSA TAN

    Singapore SHAREHOLDERS of Singapore Post gave the nod to a S$187.1 million share placement to Chinese e-commerce giant Alibaba at an extraordinary general meeting (EGM) on Thursday, in proceedings that were far shorter and calmer than last year's annual… More

  • 15
    Nov

    Technology, skilled workers pay off

    The Business Times by AARON LOW

    PEOPLE matter as much as machines, when it comes to productivity, at logistics firm Aerolog Express. The company, wholly owned by SATS, makes it a point to ensure that all its staff are trained and properly skilled to do their work. In fact, workers… More

  • 25
    Oct

    Changi passenger volume in first 9 months up 6.2%

    The Business Times by NISHA RAMCHANDANI

    Singapore CHANGI Airport handled 43.5 million passengers in the first nine months of this year, representing a growth of 6.2 per cent over the same period in 2015. Aircraft take-offs and landings were also higher, growing by 4.2 per cent to 268,190.… More

  • 21
    Oct

    2016 Airshow reaps S$329m for S'pore economy: survey

    The Business Times by NISHA RAMCHANDANI

    Singapore THE Singapore Airshow 2016, which was held from Feb 16 to 21, brought in nearly S$329 million for the local economy this year as over 130,000 trade and public visitors made their way to the biennial event. This is according to a survey conducted… More

  • 20
    Oct

    S$55.8m disposal gain boosts Keppel T&T's Q3 bottom line

    The Business Times by AMIT ROY CHOUDHURY

    Singapore KEPPEL Telecommunications & Transportation (Keppel T&T) more than quadrupled its third-quarter net profit to S$69.88 million - from S$15.31 million a year ago - thanks to its data centre division registering a S$55.81 million gain on disposal… More