Urban Mobility
The Malaysian government is providing a swathe of incentives to encourage more people to drive for ride-sharing services, effectively backing what remains, technically, an illegal activity by law. As the Malaysian prime minister tabled Budget 2017 in end-October, one thing became clear: ride-sharing is here to stay in the nation. The question now is whether big local corporates will take the government’s
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There has been tremendous financial support flowing into the China innovation scene, especially the rising mobility economy. Gao Feng is helping to shepherd the ideas, help build a disruptive business model and execute the disruption to fruition. In August, the ride-hailing scene turned on its head. China’s homegrown player, Didi Chuxing, had humbled global giant Uber and won the battle
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MANILA — Ayala Corp. is prepared to invest up to $100 million to kick-start its effort to make the Philippines a Southeast Asian hub for the manufacture of self-driving cars. That amount represents its 50% initial share in a joint venture planned with a foreign carmaker. The Philippine conglomerate is in talks with “more than three” companies, said Ayala unit
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