NuTonomy hopes for second-quarter 2018 launch of paid Singapore self-driving car rides

U.S. self-driving car startup NuTonomy hopes to launch a paid, commercial ride service in Singapore as soon as the second quarter of next year, NuTonomy Chief Executive Karl Iagnemma said on Friday.

 

Ride services companies are expected to be one of the most important markets for self-driving cars, especially in early years of adoption, when the cost of the technology will likely rule out mass adoption.

 

Singapore's economy grew 2.9% in Q2, beats expectations

The Singapore economy expanded by 2.9 per cent from a year ago for the second quarter, beating expectations. Growth was helped by stronger performing manufacturing and services sectors.

 

The better scorecard has led the Ministry of Trade and Industry (MTI) to narrow gross domestic product (GDP) growth forecast for 2017 to "2.0 to 3.0 per cent", from the earlier forecast of "1.0 to 3.0 per cent".

 

FlySpaces Raises $2.1 Million In Biggest Philippines-Based Pre-Series A Investment

In the land of the permanent office-based blind, the open-eyed flexible office is king... to bowdlerise a popular phrase.

 

As the sophisticated working world moves away from the cubicle and a conversation around the water cooler to the home office, coffee shop or co-working spaces, those providing such flexible office space have been huge winners over the past few years.

 

Pickering Pacific advised on the Sale of Lohr Industrie's stake in Lohr Industrial Co Ltd (China)

On 31 July 2017, Lohr Industrie completed the sale of its stake in Tianjin Lohr Industrial Co Ltd to Anda Group for an undisclosed sum.

 

Pickering Pacific advised Lohr Industrie on this transaction.

 

Lohr Industrie is a global market leader in designing, manufacturing and marketing of transport systems. The company has more than 1,200 employees worldwide.

 

INTERPOL Call for Tender: Provision of Managed Print, Copy, Scan and Fax Services for IGCI in Singapore

The International Criminal Police Organization – INTERPOL with headquarters at 200 quai Charles de Gaulle, 69006 Lyon, France is launching an open call for tenders with a view to the conclusion and execution of a contract, the objective of which is the provision of managed print, copy, scan and fax services for INTERPOL Global Complex for Innovation in Singapore, as detailed in the Technical Specifications.

Altios Singapore has welcomed 2 new recruits!

Germain ARAUD, Managing Director of ALTIOS India for the past 9 years, has moved to Singapore to take on the position of Market Entry & Business Development Director at ALTIOS Singapore, while retaining the management of ALTIOS India. He will be heading the Market Entry Division for Singapore & ASEAN while leading the Business Development initiative. Germain will also interact with partners in the ASEAN to reinforce our ability to deliver our solutions in the region.

 

Pickering Pacific recently advised on a sale of Bitsmedia, a Singapore-based developer of mobile application Muslim Pro

Pickering Pacific is pleased to announce that it acted as exclusive financial advisor to Bitsmedia’s shareholder on the sale of a majority stake in the group to private equity funds Affin Hwang Asset Management (Malaysia) and CMIA Capital Partners (Singapore).