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21 costs News

  • Robo-dog reduces energy costs at Mercedes-Benz plant

    Robo-dog reduces energy costs at Mercedes-Benz plant

    This is part of the ongoing digitalisation strategy at the Dusseldorf plant, as it will rely on autonomous robotic systems in production in the future.

    Mercedes-Benz News
  • Ride-hailing apps increase costs due to Platform Workers Act

    Ride-hailing apps increase costs due to Platform Workers Act

    Ride-hailing apps such as Grab, Gojek, and CDG Zig will be raising their prices per trip, in lieu of the upcoming Platform Workers Act, to cover costs.

    Other News
  • Nissan to modularise its electrified drivetrains to bring down manufacturing costs

    Nissan to modularise its electrified drivetrains to bring down manufacturing costs

    The firm has already developed prototypes of a new modular battery-electric and e-POWER drivetrain which are smaller and use less rare earth elements.

    Nissan News
  • Honda to leave Formula One after the end of the 2021 season

    Honda to leave Formula One after the end of the 2021 season

    Honda has announced that it will be leaving Formula One after the end of the 2021 season, leaving Red Bull and AlphaTauri without an engine supplier.

    Honda News
  • Bukit Panjang stretch of DTL costs $60m in subsidies a year

    Bukit Panjang stretch of DTL costs $60m in subsidies a year

    About $60 million a year in public funds goes towards subsidising operations for a stretch of the MRT Downtown Line connecting Bukit Panjang to the city.

    MRT News
  • Grab cuts costs in bid to support drivers

    Grab cuts costs in bid to support drivers

    Grab has cut the pay of its senior management by up to 20% and encouraged its staff to take voluntary no-pay leave as revenues fall.

    Other News
  • SBS Transit posts 1.5% profit rise for 2019 but warns of rising costs

    SBS Transit posts 1.5% profit rise for 2019 but warns of rising costs

    SBS Transit reported higher revenue and profit for 2019, but also warns of rising costs, especially in the operations and maintenance of its rail business.

    Other News
  • SMRT Trains' losses soar to $155m on higher operating costs

    SMRT Trains' losses soar to $155m on higher operating costs

    Losses mount for rail operator SMRT Trains, as maintenance expenditure now accounts for 71% of rail-fare revenue, up from 45% just three years ago.

    MRT News
  • No roll-out of on-demand buses as trial reveals higher costs

    No roll-out of on-demand buses as trial reveals higher costs

    Due to the higher running costs revealed during a trial, the Land Transport Authority will not roll out on-demand buses.

    LTA News
  • Rising costs push bill for final stage of Circle Line to $4.85b

    Rising costs push bill for final stage of Circle Line to $4.85b

    Construction challenges, inflation and system upgrade lead to costs growing beyond initial projections, says the Land Transport Authority.

    LTA News
  • Public Transport Council begins review of public transport fare adjustments

    Public Transport Council begins review of public transport fare adjustments

    The Public Transport Council has started review of public transport fare adjustment formula and mechanism, targeted to be completed by Q1 2018.

    Other News
  • Diesel tax will add to costs, say cabbies

    Diesel tax will add to costs, say cabbies

    Despite reductions in their daily rental rates, cabbies expect their earnings to take a hit as a result of the new diesel tax.

    Other News
  • Parking fee hike after big jump in operating costs

    Parking fee hike after big jump in operating costs

    Short-term parking charges will be increased by 20 percent islandwide from December by both HDB and URA, as operating costs have also increased.

    Other News
  • Experts say extra cost for rerouting Cross Island Line fraction of total cost

    Experts say extra cost for rerouting Cross Island Line fraction of total cost

    Experts say an estimated $2 billion extra cost for rerouting the Cross Island MRT Line will likely make up a small part of total cost.

    Other News
  • Transport firms say fuel savings offset by higher operating costs

    Transport firms say fuel savings offset by higher operating costs

    Many transport companies are unable to pass on the cost savings from the falling price of oil, due to rising operating costs such as labour and rent.

    Other News
  • Unmatched tolls at checkpoints do not equate to guaranteed lower costs

    Unmatched tolls at checkpoints do not equate to guaranteed lower costs

    Senior Minister of State for Transport Josephine Teo said there is no guarantee that unmatched tolls will translate into guaranteed lower costs for motorists.

    Other News
  • Device that warns truck drivers of impending collision now costs less

    Device that warns truck drivers of impending collision now costs less

    A device that would warn heavy vehicle drivers of an impending collision would now cost less under a new scheme by STA and Spring Singapore.

    Other News
  • Test drive costs student $70k after crash

    Test drive costs student $70k after crash

    A student who test drove a Dutch-made Spyker sports car will have to pay more than $70,000 in damages after crashing it.

    Other News
  • Stringent auto loan restrictions and overhead costs affect used car dealers

    Stringent auto loan restrictions and overhead costs affect used car dealers

    Used car dealers are largely affected by the stringent auto loan restrictions and are urging landlords to slash rental prices as they try to make ends meet.

    Other News
  • Toyota to cut mass media advertising costs by 30%

    Toyota to cut mass media advertising costs by 30%

    We will be seeing less of Toyota advertisement campaign for next year. In a bid to offset rising material costs, the advertising budget will be cut by S$0.3billion.

    Toyota News
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21 costs News

  • Robo-dog reduces energy costs at Mercedes-Benz plant

    Robo-dog reduces energy costs at Mercedes-Benz plant

    This is part of the ongoing digitalisation strategy at the Dusseldorf plant, as it will rely on autonomous robotic systems in production in the future.

    Mercedes-Benz News
  • Ride-hailing apps increase costs due to Platform Workers Act

    Ride-hailing apps increase costs due to Platform Workers Act

    Ride-hailing apps such as Grab, Gojek, and CDG Zig will be raising their prices per trip, in lieu of the upcoming Platform Workers Act, to cover costs.

    Other News
  • Nissan to modularise its electrified drivetrains to bring down manufacturing costs

    Nissan to modularise its electrified drivetrains to bring down manufacturing costs

    The firm has already developed prototypes of a new modular battery-electric and e-POWER drivetrain which are smaller and use less rare earth elements.

    Nissan News
  • Honda to leave Formula One after the end of the 2021 season

    Honda to leave Formula One after the end of the 2021 season

    Honda has announced that it will be leaving Formula One after the end of the 2021 season, leaving Red Bull and AlphaTauri without an engine supplier.

    Honda News
  • Bukit Panjang stretch of DTL costs $60m in subsidies a year

    Bukit Panjang stretch of DTL costs $60m in subsidies a year

    About $60 million a year in public funds goes towards subsidising operations for a stretch of the MRT Downtown Line connecting Bukit Panjang to the city.

    MRT News
  • Grab cuts costs in bid to support drivers

    Grab cuts costs in bid to support drivers

    Grab has cut the pay of its senior management by up to 20% and encouraged its staff to take voluntary no-pay leave as revenues fall.

    Other News
  • SBS Transit posts 1.5% profit rise for 2019 but warns of rising costs

    SBS Transit posts 1.5% profit rise for 2019 but warns of rising costs

    SBS Transit reported higher revenue and profit for 2019, but also warns of rising costs, especially in the operations and maintenance of its rail business.

    Other News
  • SMRT Trains' losses soar to $155m on higher operating costs

    SMRT Trains' losses soar to $155m on higher operating costs

    Losses mount for rail operator SMRT Trains, as maintenance expenditure now accounts for 71% of rail-fare revenue, up from 45% just three years ago.

    MRT News
  • No roll-out of on-demand buses as trial reveals higher costs

    No roll-out of on-demand buses as trial reveals higher costs

    Due to the higher running costs revealed during a trial, the Land Transport Authority will not roll out on-demand buses.

    LTA News
  • Rising costs push bill for final stage of Circle Line to $4.85b

    Rising costs push bill for final stage of Circle Line to $4.85b

    Construction challenges, inflation and system upgrade lead to costs growing beyond initial projections, says the Land Transport Authority.

    LTA News
  • Public Transport Council begins review of public transport fare adjustments

    Public Transport Council begins review of public transport fare adjustments

    The Public Transport Council has started review of public transport fare adjustment formula and mechanism, targeted to be completed by Q1 2018.

    Other News
  • Diesel tax will add to costs, say cabbies

    Diesel tax will add to costs, say cabbies

    Despite reductions in their daily rental rates, cabbies expect their earnings to take a hit as a result of the new diesel tax.

    Other News
  • Parking fee hike after big jump in operating costs

    Parking fee hike after big jump in operating costs

    Short-term parking charges will be increased by 20 percent islandwide from December by both HDB and URA, as operating costs have also increased.

    Other News
  • Experts say extra cost for rerouting Cross Island Line fraction of total cost

    Experts say extra cost for rerouting Cross Island Line fraction of total cost

    Experts say an estimated $2 billion extra cost for rerouting the Cross Island MRT Line will likely make up a small part of total cost.

    Other News
  • Transport firms say fuel savings offset by higher operating costs

    Transport firms say fuel savings offset by higher operating costs

    Many transport companies are unable to pass on the cost savings from the falling price of oil, due to rising operating costs such as labour and rent.

    Other News
  • Unmatched tolls at checkpoints do not equate to guaranteed lower costs

    Unmatched tolls at checkpoints do not equate to guaranteed lower costs

    Senior Minister of State for Transport Josephine Teo said there is no guarantee that unmatched tolls will translate into guaranteed lower costs for motorists.

    Other News
  • Device that warns truck drivers of impending collision now costs less

    Device that warns truck drivers of impending collision now costs less

    A device that would warn heavy vehicle drivers of an impending collision would now cost less under a new scheme by STA and Spring Singapore.

    Other News
  • Test drive costs student $70k after crash

    Test drive costs student $70k after crash

    A student who test drove a Dutch-made Spyker sports car will have to pay more than $70,000 in damages after crashing it.

    Other News
  • Stringent auto loan restrictions and overhead costs affect used car dealers

    Stringent auto loan restrictions and overhead costs affect used car dealers

    Used car dealers are largely affected by the stringent auto loan restrictions and are urging landlords to slash rental prices as they try to make ends meet.

    Other News
  • Toyota to cut mass media advertising costs by 30%

    Toyota to cut mass media advertising costs by 30%

    We will be seeing less of Toyota advertisement campaign for next year. In a bid to offset rising material costs, the advertising budget will be cut by S$0.3billion.

    Toyota News
Newsletter

Be Notified On The Latest News