Korea First Rent A Car will introduce Enterprise Rent-A-Car and Alamo brands in South Korea in 2023. KFR President Yong Jun Youn (left) is pictured with Marco Beltgens from Enterprise Holdings. Photo: Enterprise Holdings Enterprise Holdings has announced an agreement with Korea First Rent A Car to add new franchise locations from Enterprise Rent-A-Car and Alamo. Founded in 1992,… Continue reading Enterprise Rent-A-Car, Alamo Brands to Launch in South Korea
Category: News Type
Singapore-based EDBI CEO Chu Swee Yeok leaving to set up new fundChu will be replaced by EDBI’s managing partner, Paul Ng.
Singapore-based EDBI’s chief executive officer and president, Chu Swee Yeok, is leaving the venture capital firm to start a new fund, according to a statement on Monday. Chu will be replaced by EDBI’s managing partner, Paul Ng, a longtime senior executive who has led investments in information and communications technology (ICT) globally and held leadership… Continue reading Singapore-based EDBI CEO Chu Swee Yeok leaving to set up new fundChu will be replaced by EDBI’s managing partner, Paul Ng.
India’s Table Space said to have raised $300m from global PE firm Hill House
Table Space, a flexible office operator in India, has raised around $300 million in fresh funding as it looks to expand its operations across the country, per a report by The Economic Times. The corpus will be pumped in by global private equity (PE) firm Hillhouse Capital in two tranches, the report stated, quoting sources.… Continue reading India’s Table Space said to have raised $300m from global PE firm Hill House
Gojek, ComfortDelGoro to share a ride in Singapore
Indonesian superapp operator Gojek has teamed up with Singapore’s largest taxi operator, ComfortDelGoro, to explore ways to address challenges affecting the point-to-point (P2P) transport industry in the city-state, including driver shortage, according to a statement on Monday. As part of the collaboration, Gojek users will be able to book ComfortDelGro taxis via the Gojek app.… Continue reading Gojek, ComfortDelGoro to share a ride in Singapore
IFC weighs $55m debt financing for TPG-backed Fourth Partner Energy
International Finance Corporation (IFC), a member of the World Bank Group, is considering a $55-million debt financing for Indian solar panel provider Fourth Partner Energy, according to a disclosure. The proposed loan will help finance the onsite and offsite solar and wind-power plants being built by Fourth Partner across India at an estimated cost of… Continue reading IFC weighs $55m debt financing for TPG-backed Fourth Partner Energy
Indonesia extends loan relief for some pandemic-hit sectors
Indonesia has extended loan forbearance for businesses such as accommodation as well as the textile and footwear industries that are yet to recover from the impact of the COVID-19 pandemic, the country’s financial regulator said on Monday. The Financial Services Authority (OJK) has since March 2020 provided incentives to banks to restructure loans for debtors… Continue reading Indonesia extends loan relief for some pandemic-hit sectors
German Handelsblatt: Automotive industry: The small cars are dying out: Why Renault Twingo, Ford Fiesta and VW Up are disappearing005675
VW Up Volkswagen no longer builds the popular small car. However, the electric successor will not come until 2025. (Photo: VW) Germany’s nurses have a hard time without the very little ones. When it comes to choosing their company car, the choice is shrinking. In the Mini class, as defined by the Federal Motor Transport… Continue reading German Handelsblatt: Automotive industry: The small cars are dying out: Why Renault Twingo, Ford Fiesta and VW Up are disappearing005675
German Handelsblatt: Automotive industry: The small cars are dying out: Why Renault Twingo, Ford Fiesta and VW Up are disappearing005675
VW Up Volkswagen no longer builds the popular small car. However, the electric successor will not come until 2025. (Photo: VW) Germany’s nurses have a hard time without the very little ones. When it comes to choosing their company car, the choice is shrinking. In the Mini class, as defined by the Federal Motor Transport… Continue reading German Handelsblatt: Automotive industry: The small cars are dying out: Why Renault Twingo, Ford Fiesta and VW Up are disappearing005675
Former Grab director’s influencer platform banks $13m
TipTip enables influencers to create content and connect directly to their fans. Go to Source
Gojek, ComfortDelGro announce ride-hailing partnership
The two inked an agreement to explore giving Gojek access to ComfortDelGro’s taxis on the former’s app. Go to Source