ECONOMY | Staff Reporter, Singapore

Daily Briefing: London-based Deliveroo to open Singapore kitchens; The limits of carpooling in Singapore

And here are two firms that showed good results recently.

From via Yahoo! Finance:

It is legal for drivers to offer carpooling services in Singapore. However, whether you are intending to do so under a ride-sharing service, or you are making your own private arrangements with friends/colleagues, take note of the following requirements.

Drivers can offer carpool services without obtaining any additional licences for up to 2 carpool trips a day. For example, your colleague can carpool in your car to and from work every day.

Read more here

From Vulcan Post via Yahoo! Finance:

London-based food delivery startup Deliveroo, might soon expand its business and operate a dine-in restaurant in Singapore.

This means that instead of delivering food to customers to their doorsteps, we can soon expect Deliveroo to serve food to customers at their tables.

According to The Business Times, the startup will be opening new remote kitchens nationwide next year, one of which could evolve to become a fast casual eatery.

Read more here.

From The Motley Fool:

Hey everyone,

We’re at the tail end of the current earnings season.

As is common with every earnings season, there will be some companies posting growth, some companies posting mixed numbers, and some companies experiencing declines. So, which are the companies that have recently delivered higher profits? Let’s look at two of them.

Read more here.

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