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Bolloré Logistics Asia-Pacific: A Successful Singapore Airshow 2018

Bolloré Logistics Asia-Pacific is happy to announce that this year’s edition of the Singapore Airshow was a resounding success. This edition of the biennial event was the 6th since the show’s inception in 2008. With a plethora of exhibitors from 38 countries, there were plenty of opportunities to boost Bolloré Logistics’ recognition at Asia’s largest Aerospace and Defense Airshow.

Carbon tax: What it means for companies

In his Budget speech this afternoon, Minister Heng Swee Keat announced that from 2019, carbon tax will be introduced to encourage reduction of greenhouse gas (GHG) emissions. In the first instance, from 2019 to 2023, the tax rate will be $5 per tonne of GHG emissions. The carbon tax announced will be levied on facilities producing 25,000 tonnes or more of GHG emissions in a year. All other companies will not be taxed on direct emissions, but may be indirectly impacted by the carbon tax through higher electricity costs.