Singapore’s logistics real estate market faces rising costs due to demand and land constraints, challenging businesses and driving regional shifts.
transport and Logistics
Grab Beats Wall Street Estimates with Strong Q1 Growth
Grab posts $955 million Q1 revenue, beating estimates; profit jumps to $120 million, boosted by saver program and strong demand.
New: Singapore–Malaysia Expand Cross‑Border Taxi Services
Cross‑border taxis expand from May 4, giving travellers more drop‑off options. The scheme boosts flexibility and fair competition.
Singapore Builders Turn to Johor Amid Storage Shortage
Singapore’s construction sector turns to Johor for affordable warehousing solutions amid space constraints and rising costs, strengthening regional economic ties.