POSTAL and logistics giant DHL Express is bullish on its business prospects in Singapore, despite the European debt crisis and sluggish United States recovery. It has seen double digit growth here in the past two to three years, and this looks set to continue, said its Asia Pacific chief executive Jerry Hsu. He told The Straits Times Overall, I see that our strength in Singapore will ...

SINGAPORE listed real estate investment trusts (Reits), especially those from the office and industrial (logistics) sector, are likely to remain in the good books of investors over the next few months. John Stinson, managing director of Cushman & Wakefield s Asia Pacific capital markets division, said that falling rentals in Singapore s core central business district (CBD) aren t all bad, and ...

THE precision engineering sector is rarely in the spotlight, but the sector has come a long way since its roots in the 1970s. To grasp how sophisticated it has become, consider this Firms here make wafer inspection tools designed to spot nano scale defects, akin to spotting a strand of white hair on the ground from a height of about 600 metres three times as high as Marina Bay Sands. While the ...

TECHNOLOGY companies have typically invested in back end automation to keep their supply chains humming, but the focus is moving to the front end, said Terence Foo, a partner with Accenture s products division across Singapore and Malaysia. He said the growing awareness and tastes of consumers for technology products are triggering a strong need for manufacturers to redirect some of their ...

ASK Cache Logistics Trust chief executive Daniel Cerf about the risks facing the logistics sector here and he refers to Singapore s roots as a British colony at the centre of the Malay Archipelago. You ve got location, infrastructure, governance, he says Liners come here, air cargo, sea cargo. This goes back to the 1800s, man, this isn t any new concept.

Mr Cerf and other industrial ...

[SINGAPORE] Global airline share prices held ground last month, but underperformed other industries despite a sharp fall in fuel price.

Bloomberg Worldwide Airlines Index edged up one per cent in June, as US airline shares rose one per cent, Asian carrier stocks were flat, and European airline shares improved 5 per cent.

In contrast to the airline stock index, the FTSE Global All ...

THE global aviation industry remains in a fragile state despite a fall in oil prices, a gradual pick up in global passenger traffic and a bottoming out of the airfreight market. The International Air Transport Association (Iata) is sticking to its US$3 billion profit forecast for the industry despite improving operating conditions, citing the still festering European sovereign debt crisis and its ...

SINGAPORE companies which have been certified by Singapore Customs can now enjoy faster customs clearance for goods exported to China.Singapore Customs and the General Administration of China Customs (GACC) have signed a mutual recognition arrangement (MRA) to enable priority clearance for goods from Singapore to China and vice versa. The agreement, which was signed at the 119th/120th World ...

[SINGAPORE] Singapore s Transnational Group is crying foul over a lawsuit filed by its Chinese partner to wind up their loss making joint venture in Tianjin. It claims that the Chinese partner has transferred the business to its own subsidiary.

The Singapore logistics and distribution services company has appealed against the judgment of the Tianjin court, which ruled in favour of Citic ...

SINGAPORE Airlines Cargo and its 16 per cent owned associate China Cargo Airlines will operate joint freighter services between Singapore and Shanghai from today.

The services are part of wide ranging initiatives between the two airlines, which include enhanced system integration and more integrated ground handling at the carriers respective hubs at Pudong International Airport in ...

[SINGAPORE] The prospect of more turbulence wrought by anaemic global economic growth and unpredictable fuel prices is accelerating changes within the Asian aviation industry.

The International Air Transport Association (Iata) expects airline profits to plunge 62 per cent in 2012 to US$3 billion, equal to a 0.5 per cent margin on sales. This is a downward revision from its earlier ...

YFIND Technologies has come a long way since it was incorporated by co founders Melvin Yuan, Ting See Ho, and Han Yang in October 2010, as a company focusing on indoor location positioning a unique position in Asia, according to their research. Driven by their vision of making Singapore a location intelligent city, the company developed the YFind Positioning System (YPS), a patent pending ...

CHANGI Airport, the world s most awarded airport, added more trophies to its showcase yesterday. It was crowned Best Airport in Asia by the Asian Freight and Supply Chain Awards for the 26th consecutive year. Changi also picked up the Best Green Service Provider Airport award for its focus on sustainable practices. It has won this award since it was introduced in 2010. The annual ...

DUBAI OWNED ground services giant dnata is eyeing the second major change in top management position at its Singapore operations in recent months. Yesterday, the group announced the appointment of Mark Edwards formerly the senior vice president at Aircraft Service International Group (Asig) as the CEO for its Singapore operations. Mr Edwards will be replacing longtime CEO Georgie Ong from ...

GLOBAL Logistic Properties (GLP) has announced it is building its latest large scale logistics facility in Greater Tokyo for US$169 million (S$215million). Construction will start in November this year and is expected to be completed in December next year. The 109,500 sq m multi tenant logistics facility is being built in Aikawa, also known as Atsugi , in Kanagawa prefecture, and will be ...