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The BYD eT3 compact van has had a large impact on how businesses do their logistics here. And it's now set to develop an even larger presence still. The BYD eT3 has been the best-selling electric van here in Singapore for the past four years despite facing significant challenges including the reduction of the CVES rebate, high commercial vehicle COE price premiums, and sustained competition from rival brands. To achieve such a feat, there must be more behind the eT3 than its clean drivetrain and compact dimensions. So, we decided to take one example out for an afternoon to find out why it has remained the favourite among logistics firms and tradesmen alike all these years, and even learnt about a few future developments that owners of the van can look forward to! Right-sized for businesses in Singapore Chief priority for any business owner shopping for a commercial vehicle is cargo-carrying ability, and those looking at the BYD eT3 certainly won't find it lacking. Despite measuring in at just 4,460mm long and 1,720mm wide, the BYD eT3 offers a generous 3,800 litres of cargo space. And these compact exterior dimensions also mean that it is ideally-sized for any business here in Singapore, allowing it to be comfortably driven within the tighter streets of our island's cultural districts, and to find parking space when loading/unloading cargo, even at the most challenging worksites. And there's one added benefit to those that opt to conduct their business with the BYD eT3. With the all-electric van coming in at 1,875mm tall, those who need to do deliveries to residential addresses will have no difficulty entering most multi-storey carparks! Loved by drivers and businesses alike But of course, it's not just the exterior dimensions that has won the eT3 its many fans. Those who spend long hours on the road are sure to be impressed with the BYD eT3's ergonomic cabin and generous legroom engineered for driver and passenger comfort, even after just one quick drive. Powered by a 134bhp electric motor that delivers a total of 180Nm of instantaneous torque, drivers of the BYD eT3 can look forward to an easier driving experience, even when faced with start-stop traffic. With its whisper-quiet electric drive, drivers also won't be as fatigued in this van compared to a diesel-powered one. This not only means safer journeys, but also a more alert driver - essential when there's also plenty of different invoices and receipts to handle and to ensure that the client doesn't end up with the wrong packages! You won't have to shy away from making deliveries across the island with the BYD eT3 either. You get BYD's blade battery in the eT3, with a total of 44.9kWh of capacity, which allows you to travel up to 280km with each charge. And with a peak charging speed of 50kW when at a direct current charger, no driver will have to wait long at a charging station to top up the eT3's battery. Those who will spend all day on the road will also be pleased to note that this blade battery comes with a Proprietary Battery Management System, which ensures that every charging session is done at safe temperatures and prevents dangerous battery swelling. Supported by a strong aftersales network But it's not just the strengths of the BYD eT3 that have ensured its popularity here. The van is also supported by a strong aftersales network that ensures that any business that relies on it will see minimum downtime. Servicing the BYD eT3 is ST Engineering Mobility Services, which operates a 6,500sqm workshop staffed with more than 40 technicians trained to service both electric and combustion-powered vehicles. Complete with a spray booth and its own mobile team, ST Engineering Mobility Services is a one-stop solution for any vehicle services a business may need, from regular maintenance to accident repairs and warranty claims. All this, of course, comes on top of the promotional servicing package offered with the eT3, as well as its battery warranty of eight years/500,000km - making it a truly dependable option for those that don't want interruptions in their business operations. And plenty more to come Interested in giving your business a little boost? There's no need to spend time second guessing just what sort of logistical support your business needs as ST Engineering Mobility Services will soon be opening a dedicated eT3 showroom. Those looking to start their own businesses can see just how they'd like the cabin of the van as their second office, while fleet purchasers can see more of the van's charging capabilities and cargo space for themselves, even before committing to any downpayment. And you'll soon be able to get your van with a host of advanced driver assisted systems as well, all to ensure that you and your drivers get another layer of protection when they're out on the road. Find out more about the BYD eT3 here, or contact ST Engineering Mobility Services at their sales hotline at 6660 3991 to set your business logistics on a cleaner and greener path!

We had a chat with Lawrence Kim, Ebenezer Group's CEO to find out why he decided to go green by electrifying his fleet. Many might know of Hong Seh Motors as the company that held the local distributorship of Ferrari and Maserati supercars, but the company has since shifted its focus towards building a greener world. Being among the first movers importing electric passenger and commercial Electric Vehicles (EV) into Singapore, Hong Seh Motors has played a huge role in electrification here. And it continues to work with its partners to champion the switch to EV where it matters the most - the large number of commercial vehicles that run on Diesel or Petrol. To help us gain a better understanding about the challenges and benefits of switching to EVs, Hong Seh has arranged for us to have a chat with one of its biggest clients and partners, Lawrence Kim, CEO, Ebenezer Group (a logistics company). Here's what we found out. Adopting the EV lifestyle isn't an overnight journey Switching from Internal Combustion Engine (ICE) to EV is as simple as selling the old vehicles and buying brand new EVs right? Except, that isn't really the case as we found out from Lawrence. Do you remember how buying your first car and stepping into car ownership was a lifestyle change that affected your daily life? According to Lawrence, the switch to EVs is a substantial lifestyle change as well. Like Hong Seh, Ebenezer Group is a first mover in electrification, with the latter opting to give EVs a try back in August 2020 when the company purchased three MG EV cars for its leaders and management staff. Lawrence believes that before the company switch to EVs for its fleet, the management should have a first-hand experience, understand the nuances of an EV lifestyle and make an informed decision on electrification. As the team quickly realised, the limited EV charging infrastructure meant that they had to be familiar with the available charging locations. After the initial experience, the company decided to install their own chargers to facilitate the charging of its EVs while enjoying lower charging rates. While the switch to EV wasn't entirely hiccup-free Lawrence noticed that the benefits far outweigh the cons - especially when it comes down to dollars and cents. In a highly simplified example, Lawrence mentioned that the petrol cost for the ICE management vehicles were close to $1,000 a month per car, meanwhile charging the EVs costs in the ballpark of $200 a month. This has resulted in savings of almost $10,000 a year - easily outshadowing the depreciation of the car. Going green doesn't simply save you money, it makes you more! "People think that going green is about saving money, but actually, going green makes you money," with his experience on going green, Lawrence believes that going green will result in an increase in profits. Indeed, the amount of savings from switching to EV is so substantial that it could simply be thought of as an increase in earnings. Like all investments, going green is a business activity that will result in making you money. Apart from Ebenezer's logistics operations, Lawrence also deals with solar panels, and is hence familiar with the green industry as a whole. And he told us that with the lowering costs and improvements in efficiency, the Return on Investment for a typical solar energy setup is just four years. By powering its chargers with solar energy, Ebenezer went one step further in going green. At the same time, this decision has managed to help the company to make more money. Electrification of your fleet is simple and easy with Hong Seh Evolution Gone are the times where chargers and suitable EVs for your business are few and far between. Unlike when Ebenezer first started, the industry has come a long way, and it is all thanks to companies like Hong Seh that are committed to bringing in these green vehicles. If you are looking to purchase an electric commercial vehicle, Hong Seh is the place to be. Hong Seh Evolution is the first in Singapore to work with financial institutes to offer green financing loans to aid companies with their journey of going green. Hong Seh Evolution offers a range of efficient and practical EV commercial vehicles from DFSK, the line up includes the EC35 van, EC31 lorry and EC31 refrigerated truck. The EC35 is a small van that is practical and easy to drive. It is an excellent choice for goods delivery and also as an eco-friendly mode of transport - compare its running cost against that of a petrol or diesel powered van and you'll be sure to see plenty of cost savings. Meanwhile, the EC31 is a highly versatile lorry that is offered in various configurations. The lorry bed can be boxed up, fitted with a tailgate, or with a canopy, it is also offered as a refrigerator truck. The commercial EVs from DFSK can all do well over 200km on a single charge, and can be charged quickly with the appropriate chargers. Consider the fact that public EV chargers are now readily available, with their numbers only going to grow even further, there's no reason for you to stick to the outdated, inefficient and pollutive ICE commercial vehicles. If an early adopter like Ebenezer was able to benefit from switching the EVs, you too could revolutionise your business by electrifying your fleet. Remember, "going green makes you money". DFSK - keep your business going It is really easy to make the switch to EV, you just have to approach Hong Seh Evolution and take your pick of the EV that suits your needs and requirements. On top of the various green-car specific loans to help you in electrifying your fleet, Hong Seh Evolution also have various leasing plans available. You can lease DFSK vehicles from Hong Seh Evolution for a period of three, five or seven years at affordable leasing rates that are suitable for your business needs. To find out more about the DFSK commercial EVs you can reach out to Hong Seh Evolution at 8030 8030, or visit its showroom at 237 Alexandra Road, The Alexcier #01-06 Singapore 159929. You can also visit DFSK Singapore's website for more information on the EVs.

TAIPEI – Taiwanese shipping giant Evergreen Marine has rewarded employees with massive year-end bonuses worth between 10 and 52 months of salary each, after posting bumper 2022 profits. Local media outlets reported how most of the company’s junior workers with a monthly salary of NT$40,000 (S$1,750) took home a bonus worth NT$2 million each last weekend, which is equivalent to four years’ pay. The 2022 payout is even higher than the 40 months’ bonus that the company paid in 2021, which had set a record at the time for the highest year-end bonus ever paid by a listed Taiwanese company. Thanks to the rebound of global container shipping lines following pandemic lockdowns, as well as soaring shipping prices, the company reported a net profit of NT$304.35 billion for the first three quarters of 2022. The 2022 financial year earnings are expected to be released in March 2023. “The company had good earnings and lots of surplus cash. As it is not aggressively expanding its business operations, it gave some of that cash in the form of bonuses to reward employees, which I think is very reasonable,” said Professor Chiou Jiunn-rong, an economics expert from the National Central University in Taiwan. Evergreen Marine did not immediately respond to The Straits Times’ request for comment, though it previously told local reporters that workers were compensated based on their performance.

Guys anyone applying the IPO? Worth applying?

Hi fellows forumer, Just wondering anyone has done a degree in logistics mgmt. Which schools would be a good recommendation. I have a external diploma in Logistics Mgmt and wonder where can I proceed from here? Thanks for your valuable feedback.

Source: http://www.channelnewsasia.com/stories/sin.../320318/1/.html SAF logistics officer dies after 1.2km run Posted: 02 January 2008 1730 hrs SINGAPORE: Major (MAJ) Tan Yit Guan, a SAF logistics officer, collapsed at 8.20am at Kranji Camp on Wednesday morning. MAJ Tan was talking with his colleagues after completing a 1.2km self-paced run when he suddenly collapsed. He was given prompt medical attention and sent to the National University Hospital at about 8.45am. Efforts by the SAF medical team to resuscitate him en route were unsuccessful. MAJ Tan was pronounced dead at 9.30am. MINDEF and the SAF extend their deepest condolences to MAJ Tan's family, and will be assisting them in their time of grief. MINDEF is investigating the incident. CNA/so