collaboration

Grab partners Samsung to drive digital inclusion in Southeast Asia

SINGAPORE (Feb 1): Grab and Samsung Electronics today announced that they have signed a multi-year memorandum of understanding (MOU) to drive digital inclusion in Southeast Asia.

Tech

Keppel signs MoU with IoT platform provider Envision

SINGAPORE (Jan 31): Keppel Corporation, through its wholly-owned subsidiary Keppel Urban Solutions, has signed a memorandum of understanding (MoU) with smart management company Envision to “further the global push for new and clean energy, and smart cit

Tech

SPH and StarHub broadens strategic partnership

SINGAPORE (Jan 15): Singapore Press Holdings and StarHub on Monday announced that they will be renewing and deepening their strategic partnership for another two-year term, following a successful two-year collaboration.

Property

CapitaLand and WeWork co-create office of the future at Funan

SINGAPORE (Dec 14): CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust (CMT) which owns Funan, announced that WeWork, the provider of collaborative workspaces, has leased 40,000 sf of space in Funan.

Broker's Calls

Comfort-Uber alliance 'necessary in the long run' despite likely earnings dilution: UOB

SINGAPORE (Nov 28): UOB Kay Hian is maintaining its “buy” call on ComfortDelGro (CDG) with a target price of $2.25, which is based on a long-term average P/E of 16.6 times, pending more details on the land transport operator’s upcoming alliance with

Startups, Entrepreneurs, Digital economy

BLOCK71 Suzhou jointly launched by NUS & partners at Suzhou Industrial Park

SINGAPORE (Nov 23): The National University of Singapore (NUS) today launched BLOCK71 Suzhou, a new initiative aimed at providing support for Singapore entrepreneurs and technology startups looking to explore potential business opportunities in China.

Banyan Tree to open very first eco-friendly resort in Mandai in 2023

SINGAPORE (Oct 11): Singapore will see its first ever eco-friendly resort in Mandai by 2023.

Hot Stock

ComfortDelgro shares soar 8.3% on news of potential alliance with Uber

SINGAPORE (Aug 23): Shares in land transport company ComfortDelgro (CDG) have leapt 8.3% to $2.36 at 3.35pm after Tuesday's night announcement of a possible strategic alliance with its competitor, Uber Technologies, on Tuesday.

Broker's Calls

Uber collaboration would be a win-win one for ComfortDelGro against Grab: RHB

SINGAPORE (Aug 23): RHB Research is maintaining its “buy” call on ComfortDelGro (CDG) with an unchanged $2.60 price target, after the land transport company yesterday announced its potential formation of a strategic alliance with Uber Technologies in

Optus signs 5-year $81 million agreement with Flight Centre

SINGAPORE (Jan 23): Optus Business, the Australian unit of Singtel, has entered into a five-year contract agreement worth A$75 million ($80.7 million) with Flight Centre Travel Group.
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