Mobility
Thailand’s Central Group invests $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...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...