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Mobility

Thailand’s Central Group To Invest $200 Million In Ride-hailing Service Grab

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Bangkok-based family conglomerate Central Group, which is active in retail, real estate, hospitality and restaurants and operates Thailand’s biggest shopping mall, plans to invest...
Grab to stoke up ride-hailing competition in Indonesia with $250m investment

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Singapore ride-hailing company Grab, which claims it holds 65 per cent of Indonesia's ride-hailing market, will invest $250 million through its newly launched unit...
Singapore sees inflation in ride-hailing apps

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The launch of two new ride-hailing apps brings the current number of such companies in the small city state of Singapore to five. The...
Mercedes to expand car battery production in Thailand

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German car builder Mercedes-Benz announced on March 14 that it will invest around €100 million ($123 million) jointly with its Thai partner Thonburi Automotive...
Singapore beats London, New York, San Francisco as best smart city

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Singapore tops the list of the world's best performing smart cities ahead of London, New York, San Francisco and Chicago in a new study...
Philippines signs agreement with Japan on e-vehicles project

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The Board of Investments (BOI), the industry development and investments promotion arm of the Department of Trade & Industry (DTI) has signed a Memorandum...