Transport & Logistics
Hong Kong’s exports to China rises 18.4% in Q1
Hong Kong’s exports to China rises 18.4% in Q1
Total exports for outward processing amounted to $134.6b during the quarter.
Daily Briefing: Malaysia goes into lock down; Vietnam suspends flights as new variant emerges
From AP:
JD Logistics to raise $24.1b in global offering
It set its offer price at $40.26 per share.
Daily Briefing: Tesla ditches radar; and Malaysia COVID case ratio exceeds India
And a quick rundown on which countries are eager to reopen borders to tourism as summer approaches.
JD logistics to raise up to $26.4b in global offering
It is eyeing an offer price worth $39.36-$43.36 each.
Local trading rebounds 32.5% in Q1, 2021
This is amidst GDP growth in economies and control of local virus situations.
Kerry Logistics Network grows 30% revenue for 2020
Shareholder profit for the year reached more than $2.89b.
Gov't reveals roadmap for electric vehicle adoption
It aims to achieve zero vehicular emissions before 2050.
Sun Logistics opens new RACSF warehouse
The company has also expanded its services.
Deliveroo's raises over $300k for Feeding HK
The campaign donated 60,000 meals to Hong Kong’s most vulnerable.
Mercedes-Benz now provides digital sales service for customers
Customers can visit its brand centre via a virtual showroom.
Delivero rolls out Hong Kong Riders Forum
This provides riders with a space to voice their opinions directly.
Deadline of FRT concession arrangement for EVs extended
It was originally set for 31 March 2021.
Total exports down 5.6% in April and May
Warehouse vacancy continued to increase to 3.3% in Q2.
ESR launches $5.32b logistics fund in Australia
This A$1b fund will be used to develop strategically located sites in three cities.
Vehicle maintenance workshops to receive $50,000 subsidy
The regulator expects to accept applications starting mid-July.
EV sales to surge in 2020: analyst
Government schemes are tipping the demand away from ICE vehicles.
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