The electric vehicles (EV) market in Singapore is currently gaining massive traction, fuelled by the clear commitment of the government and major players to electrify mobility and install charging points across the nation. Clear goals have been set by the government, with up to 60,000 charging stations to be deployed …
Read More »S’pore’s Biggest Taxi Firm ComfortDelGro To Trial Ride-Hailing Service On Feb 4
Singapore taxi operator ComfortDelGro announced yesterday (Jan 28) that that it is adding 25 private-hire cars to its fleet as part of a ride-hailing trial. These cars are not allowed to do street hires, but will be available for booking from February 4. This means that ComfortDelGro users can choose …
Read More »S’pore’s Sea Ltd Eyes Digital Bank In Indonesia Following Acquisition Of Indonesian Bank
Homegrown tech firm Sea Ltd — which is also Southeast Asia’s most valuable company — acquired Indonesia’s PT Bank Kesejahteraan Ekonomi Bank (Bank BKE) for an undisclosed amount last week. It acquired majority control of the bank, which will help accelerate the company’s expansion of online financial services in Southeast …
Read More »Haidilao Family, Who Is S’pore’s Richest, To Buy Bungalow At Gallop Road For S$42M
The son of Haidilao hotpot chain co-founder Zhang Yong has been granted an option to purchase a bungalow at Gallop Road for S$ 42 million, reported The Business Times today (Jan 6). The price works out to S$ 1,940 per sq ft (psf) based on the freehold site’s area of …
Read More »S’pore’s Hawker Culture Recognised By UNESCO But Can We Really Preserve This Heritage?
After two years, Singapore’s hawker culture has made it into the Intangible Cultural Heritage of Humanity list under the United Nations Educational, Scientific and Cultural Organisation (UNESCO). It joins the ranks of Indonesia’s angklung musical tradition, China’s Shadow Puppetry, and over 460 other items. According to the National Environment Agency (NEA), …
Read More »Growing From Mistakes Made: How FortyTwo Became S’pore’s Largest Online Furniture Retailer
FortyTwo is the largest online furniture retailer in Singapore, boasts co-founder Naveed Lee. When the 42-year-old worked as a retail executive in a furniture showroom back in 1998, he noted the low efficiency of the traditional furniture business, which in turn caused high mark-ups in product prices. In 2002, he …
Read More »From Lee Hwa To Maxi-Cash: How He Revamped His Family Biz And Became S’pore’s 50th Richest
Multimillionaire Koh Wee Seng holds a net worth of US$ 540 million and ranks just shy of Forbes’ richest list as Singapore’s 50th richest man. Despite being the founder and driver behind one of Singapore’s largest business empires, the low-profile magnate has been kept largely out of the public eye. …
Read More »Not Born With A Silver Spoon: 7 Tycoons Who Worked Their Way Up To Be Among S’pore’s Richest
While Singapore has its fair share of ultra-rich family dynasties and heirs to billion-dollar fortunes, rags-to-riches stories are far and few between. It’s not easy to compete with the big boys, especially if you come from next to nothing yourself. However, several enterprising Singaporeans have been steadily climbing the ranks …
Read More »This AI-Driven Property Portal To Launch S’pore’s First 3D Viewing – Earns 6-Figures A Month
Searching for our ideal homes is a laborious process and the home-buying search still relies heavily on digital classified ads. “Classified ads is a concept from the 1700s and its digital incarnation still involves individuals having to comb through an overwhelming number of listings to pick out a few relevant …
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