Page 12 - Asia Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Asia inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Asia Inc Today - Breaking & Trending Today
Kia starts last-mile delivery service pilot in Singapore for future PBV business Kia Corporation has begun to lay the groundwork for its innovative Purpose Built Vehicle (PBV) business, partnering with cold chain startup S.lab Asia Inc. to break into Singapore s last-mile delivery market. On 28 January 2021, the two companies have signed a memorandum of understanding aimed at launching a pilot project in Singapore using the Niro EV and evaluating the potential for a future PBV-based business model. The Niro EV model optimised and modified for last-mile logistics service will be used in Singapore s city centre, in the process responding to the needs of the rapidly growing e-commerce market. In addition, the strategic model will also help strengthen the PBV capabilities and service operations of both partners. ....
Kia Partners With S.lab Asia For Pilot Last-Mile Delivery Service In Singapore Kia will gain core PBV project competencies and experiences, including: developing EV-based PBVs that are optimized for last-mile delivery 0 Views View Photos DongSoo Ahn, VP & Head of the PBV Business, Kia, and Suah Lee, CEO, S.lab Asia Inc., at the MOU-signing Highlights The modified Niro EV will be used for ease of unloading and uploading Kia will also collaborate with S.lab Asia to further develop PBV business Kia has begun to lay the groundwork for its Purpose Built Vehicle (PBV) business, partnering with cold chain startup S.lab Asia Inc. to break into Singapore s last-mile delivery market. On January 28, the two companies signed a memorandum of understanding aimed at launching a pilot project in Singapore using the Niro EV and evaluating the potential for a future PBV-based business model. ....
Kia starts pilot of last-mile delivery service in Singapore for future electric PBV business Kia Corporation has begun to lay the groundwork for its innovative Purpose-Built Vehicle (PBV) business, partnering with cold chain startup ‘S.lab Asia Inc.’ to break into Singapore’s last-mile delivery market. On January 28, the two companies signed a memorandum of understanding aimed at launching a pilot project in Singapore using the Niro EV and evaluating the potential for a future PBV-based business model. The Niro EV model optimized and modified for last-mile logistics service will be used in Singapore’s city center, in the process responding to the needs of the rapidly growing e-commerce market. In addition, the strategic model will also help strengthen the PBV capabilities and service operations of both partners. ....
As of May 2019, 99.56 percent of business establishments in the country were MSMEs. From around 900,000 in 2017, it further grew to 1.42 million, 90 percent are essentially microenterprises with total assets of below P3 million and with less than 10 employees. Data from the Department of Trade and Industry (DTI) showed that about seven out of every 10 employed Filipinos work in an MSME-owned business.
The DTI estimated that in 2018, MSMEs were responsible for contributing 40 percent to the Gross Domestic Product (GDP), while providing 5.7 million jobs or 63.2 percent to the country’s workforce. Recognizing the MSME sector’s invaluable contributions to the economy and employment, the DTI launched the “Go Lokal” program, a free-market access platform for MSMEs supported by select retail partners. ....
Published January 16, 2021, 7:00 AM Multisectoral groups, comprising of 51 largest and widely-represented private sector associations, have urged for the immediate enactment of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill to boost market confidence, save jobs and provide instant relief to businesses’ suffering from the COVID-19 impact. “We, members of some of the largest and most widely-represented private sector groups in the country, reiterate our strongest and unequivocal support for the immediate enactment of the CREATE Bill,” stated the joint statement. Congress has been deliberating the CREATE Bill for three years already, but both Houses have a hard time reconciling their versions. ....