Company in Singapore

  • Uber Rival Grab Partners With Driverless Car Firm in Singapore

    SINGAPORE, 2016/09/24 Users of ride-hailing firm Grab will be able to book driverless cars from Friday (23/09) as it partners with a start-up testing the technology in Singapore, just days next rival Uber debuted its self-driving vehicles in the United States. The move comes as technology companies and automakers race to build autonomous vehicles and develop new business plans for what is expected to be a long-term makeover of personal transportation. Southeast Asia's Grab said its app will allow a selected group of commuters to book and ride start-up nuTonomy's driverless vehicles within a western Singapore district, where the vehicles are being tested, and adjacent neighborhoods.
  • Singapore Airlines has chosen Airbus’ A320 to launch its new Indian joint venture with Tata Sons,

    INDIA, 2014/01/10 Singapore Airlines has chosen Airbus’ A320 to launch its new Indian joint venture with Tata Sons, scoring a victory over rival Boeing as the airline market Asia’s third biggest economy shows signs of a revival. Sources familiar with the decision said a project team picked the European plane in preference to Boeing’s 737 — the aircraft ordered by low-cost operator SpiceJet to expand its fleet in a transaction reported by Reuters on Tuesday. The demise of Kingfisher Airlines in 2012 marked an end to the bitter competition that led to low ticket prices for Indian consumers and high levels of losses for its airlines.
  • Margin squeeze puts squeeze on Singapore Inc.

    SINGAPORE, 2013/04/29 The majority widespread margin squeeze in at least a decade is pushing some Singapore companies out of the city-national as rising costs and slow increase sap profitability.   A Reuters study of 268 listed Singapore companies showed that 57 % reported a year-on-year drop in operating profit margin for the prime three quarters of 2012. That was the biggest percentage for the nine-month period on record, according to Thomson Reuters data going back to 2002. Full-year data for 2012 was not from presently on available.