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Business

Dilhan Pillay succeeds Lee Theng Kiat as CEO of Temasek International, while Lee takes over role of Chairman from Ho Ching

It has been announced that Dilhan Pillay Sandrasegara will succeed Lee Theng Kiat as Chief Executive Officer of Temasek International Pte Ltd, the wholly owned management and investment arm of its parent company Temasek Holdings Pte Ltd, with effect from 1 April 2019. Meanwhile, Mr Lee will take over from Ms Ho Ching as Chairman, Temasek International, on the same …

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GOJEK partners with Singapore’s largest petrol and bank companies to provide competitive fuel rebates for drivers

As part of GOJEK’s mission to lower the operating cost for driver-partners and provide them with better earning stability, the ride-hailing company has announced on Wednesday (13 March) its partnership with Singapore’s largest petrol and bank networks – Esso and DBS – to give its drivers competitive fuel rebates. From 1 April, all GOJEK driver-partners will be able to enjoy …

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GIC picks up Singtel’s tab sinking S$1b into “junk-rated” Indian telecom company

Last Thu (7 Mar), Bloomberg published a news article revealing that Singapore’s GIC will be investing Rs5,000 crore (S$972 million) into the troubled India’s second largest telecom company, Bharti Airtel Ltd. About a week ago, Bharti Airtel decided to announce plans to raise nearly Rs32,000 crore (S$6.2 billion) through a combination of rights issue and perpetual bonds. Bharti Airtel was …

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Facebook partners with Girls in Tech to support female entrepreneurs in Singapore

In conjunction with International Women’s Day, Facebook has released its latest Future of Business report – one of the widest, most global surveys of SMBs ever conducted. The survey found that funding remains one of the biggest challenges for women entrepreneurs. In Singapore, over 4 in 10 women business owners on Facebook started their business with personal savings and only …

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Délifrance Singapore retail outlets are now halal-certified island-wide

It has been over 30 years since the French café chain Délifrance first set foot in Singapore. From the day their first outlet was opened in Clifford back in 27 March 1985, Délifrance Singapore has carried down the Parisian charm of delectable French bakeries serving authentic French pastries to this day. Their commitment to maintaining the authenticity of French pastries …

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Demystifying Grab subscription plans with numbers: Complete guide to picking best one for you

by ValueChampion Instead of just regurgitating information on Grab’s own website, we crunched the numbers to see how different consumers can maximise the savings from Grab’s new subscription offerings depending on their individual needs and spending habits. Grab’s new subscription plans have been making headlines everywhere, and at first glance they seem to be all quite valuable. Costing anywhere from S$7.99 …

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Global landscape of ride hailing apps: Is the dust settling?

by ValueChampion Several ridesharing companies around the world are planning to list their stocks publicly in 2019. But how are they actually faring, and do they have a chance at becoming profitable? We analysed their download rankings and market conditions to assess the situation. Ridesharing companies are starting to come to the public market in 2019. With Lyft planning an IPO in …

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