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Can Grab's superapp goals work seamlessly?
Can Grab's superapp goals work seamlessly?
They are gunning to be Southeast Asia's WeChat but some analysts are sceptical.Singapore-grown Grab is trying to pursue a gigantic feat as it announced that it plans to launch a “superapp” that can be used by partners across Southeast Asia. It unveiled its strategy for GrabPlatform, an API suite that allows partners to tap into the ride-hailing giant’s technology for logistics and payments.
Singapore Press Holdings Q3 profits up 64.3% to $47.44m
It found growth in its aged care and education businesses, but media revenue remained weak.
SIA to fly direct from Singapore to Los Angeles
It will use its new Airbus A350-900ULR for the trips.
Oxley deputy CEO buys $873,000 of company shares
He now holds 27.69% of the firm's ordinary voting shares.
Singapore could release inflation data on demographic groups
Minister Chan Chun Sing said they are particularly concerned about retirees as a consumer group.
3 in 5 Singapore entrepreneurs open to selling their businesses
1 in 5 will exit as soon as an opportunity knocks.
LTA procures 111 double-decker buses from ST Engineering for $54m
The buses will comply with the latest Euro 6 engine emission standard.
RHB Singapore inks financing deal for $300m SO Sofitel Singapore
It is currently the largest Islamic hotel financing deal in the world.
Falling CPO prices threaten Golden Agri Resources's growth
Prices have been down 6% so far, whilst GAR’s shares have dropped by 16%.
Singapore rallies to fifth place in global innovation rankings
But it still needs to work on education expenditure, environmental performance, and productivity growth.
HDB rental prices slipped 2.9% in June
Rental volumes fell 5.8% to 1,735 flats from 1,841 rented units in May.
New SGX feature to lower costs for bilateral trades
The SGX FlexC FX Futures will be launching on 27 August.
Hyflux bags second contract from repeat customer
The contract will cover a seawater reverse osmosis desalination package in Iran.
Frasers Commercial Trust sells 55 Market Street for $216.8m
It eyes a gain of $67m from the sale.
Casa Meyfort sold for $319.88m after second en bloc sale attempt
GuocoLand bought the property.
Daily Briefing: Temasek eyes slower investments amidst trade tension; Grab CEO says competition stays alive in Singapore transport
And Dairy Farm's sales slipped 3% in 2017 despite launching 309 new stores.
Daily Markets Briefing: STI up 1.42%
US' move to release the list of US$200b more goods for tariffs could mute gains today.
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