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

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

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

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

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

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

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