SINGAPORE - German logistics firm DB Schenker said on Monday that it will open a new zero-emissions logistics hub in Tampines, which is slated to be completed by the first half of 2025. Read more at straitstimes.com.
SINGAPORE - German logistics firm DB Schenker said on Monday that it will open a new zero-emissions logistics hub in Tampines, which is slated to be completed by the first half of 2025.
Established in Singapore in 1970, DB Schenker is a global logistics provider with more than 700,000 customers from industries such as aerospace, marine parts, and semiconductors. However, it said RedLion2 will be the firm’s largest investment in Singapore, surpassing the previous record for Red Lion - a $163 million warehouse in the free trade zone of the Airport Logistics Park of Singapore opened in 2020.
“Our business-friendly environment, stable political system, strong rule of law, extensive network of Free Trade Agreements and well-trained workforce are some of the attributes that have led companies to establish their operations here,” he said. The company said that it plans to partner with local small and medium enterprises to test-bed new ideas within the logistics industry through an innovation sandbox in RedLion2.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Job opportunities in Singapore drive 4000 Indonesians to take up Singapore citizenship - Singapore NewsThe main reasons these young people have availed of Singaporean citizenship are scholarships and better career opportunities
Read more »
Bronze for Singapore men’s at World Tchoukball Championships, fifth placing for women's - Singapore NewsThe president of the Tchoukball Association of Singapore, Delane Lim, has set a top-four target for both the men's and women's teams at the World Tchoukball Championships. This target is based on the teams' performance in recent months.
Read more »
Morning Digest, Aug 12 - Singapore NewsHere are the top stories you might've missed...
Read more »
What are the duties of Singapore's president?Singapore is gearing up for the upcoming Presidential Election and several potential candidates have been out and about to interact with the public. Prime Minister Lee Hsien Loong issued the Writ of Election on Friday (Aug 11), announcing that Nomination Day is on Aug 22. So far, four men have thrown their hats into the ring — former senior minister...
Read more »
End of an era: Singapore's Lee Pineapple to shutter Johor factory after 92 yearsIn a bittersweet turn of events, Singapore's iconic Lee Pineapple business is set to close its factory doors after an impressive 92-year run. Known for its iconic red tins lining up the supermarket shelves, Lee Pineapple is a staple in households across Singapore. According to a report by China Press, Lee Pineapple's factory in Skudai, Johor, is currently operating with...
Read more »
Prince Harry saddles up at Singapore Polo Club, helps raise over $1m for charityHe scored twice as he returned to Singapore for the first time since 2017. Read more at straitstimes.com.
Read more »