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Tag: Investment

MARKETECH-PHOTOS
Genting SG approves S$6.8b investment to propel Resorts World Sentosa as premiere tourism destination
Posted on November 13, 2023
by Teddy Cambosa
The board of directors of Genting Singapore has approved a S$6.8b investment to propel its integrated resorts brand Resorts World Sentosa as a premiere tourist destination in Asia.
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MARKETECH-PHOTOS
Madrid Turismo rolls out multimillion-euro campaign to target high-value tourism market in Asia
Posted on November 10, 2023
by Aliza Carmona
Madrid Turismo by IFEMA Madrid has officially launched its multi-million Euro campaign initiative that promotes Madrid to the Asian tourism market.
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Mitsui invests US$58m in ADA via Axiata Digital Services to strengthen collaboration and innovation
Mitsui invests US$58m in ADA via Axiata Digital Services to strengthen collaboration and innovation
Posted on November 3, 2023
by Teddy Cambosa
Mitsui's additional investment has established a watermark valuation of US$550m for ADA, reflecting the company's continued growth and innovation in the digital and data transformation domain.
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ComfortDelGro leads strategic investment for Drive mate
ComfortDelGro leads strategic investment for Drive mate
Posted on October 31, 2023
by Teddy Cambosa
As the leading investor and fleet partner, ComfortDelGro's collaboration with Drive lah will be a holistic one, with a focus on car connectivity and navigation technology as well as supplying vehicles to Drive mate's platform. 
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DRB-HICOM announces strategic investment to Carro’s Genie Malaysia
DRB-HICOM announces strategic investment to Carro’s Genie Malaysia
Posted on October 27, 2023
by Teddy Cambosa
In a joint statement, both companies said that this collaboration unlocks valuable cross-selling opportunities for DRB-HICOM within Carro’s used car platform myTukar’s dealer network, comprising over 2,600 dealers nationwide.
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YouTrip secures $50 million in series B funding, announces SEA expansion
YouTrip secures $50 million in series B funding, announces SEA expansion
Posted on October 27, 2023
by Teddy Cambosa
The sizable investment by Lightspeed is a vote of confidence in YouTrip’s ability to deliver innovative and hyperlocal solutions, and its leadership in building a scalable business strategy to tap into the vast market opportunity in Southeast Asia.
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DHL Supply Chain announces €350m investment in SEA to expand warehouse, workforce initiative
DHL Supply Chain announces €350m investment in SEA to expand warehouse, workforce initiative
Posted on October 18, 2023
by Teddy Cambosa
The regional investment is part of the company’s €1.35b strategic investment globally.
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Accenture invests in Writer to advance enterprise use of generative AI
Accenture invests in Writer to advance enterprise use of generative AI
Posted on September 19, 2023
by Teddy Cambosa
This investment allows Accenture to further provide marketing and communications professionals with Writer’s features to generate written content, synthesise various content and align writing to voice and brand guidelines.
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SG-based Dyson pledges ₱11b investment in PH by 2024
SG-based Dyson pledges ₱11b investment in PH by 2024
Posted on September 18, 2023
by Teddy Cambosa
Dyson also emphasised that their investment would generate around 1,250 employees and would move more contract manufacturing into the Philippines by the middle of 2022, or the second or third quarter of the year.
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SHEIN pledges S$8.67m to bolster social responsibility commitment in SG
SHEIN pledges S$8.67m to bolster social responsibility commitment in SG
Posted on September 18, 2023
by Teddy Cambosa
Through the commitment, SHEIN has signed four memoranda of understanding (MOUs) were signed with the University of the Arts Singapore (UAS), the Singapore University of Technology and Design (SUTD), SG Her Empowerment (SHE), and Access Singapore.
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