Logistics
Grab to proactively spend $112M on fee cuts, driver support in Vietnam, amid backlash
Grab Vietnam, under Southeast Asia's technology giant Grab, will spend VND2,950.9 billion ($112 million) on fee cuts, driver refunds and incentives, and promotions in Vietnam, after the ministry-run National Competition Commission reviewed its fares calculation.
Fujitsu and partners test AI packaging damage checks in Japan
Fujitsu and SoftBank Robotics are testing image-based AI to standardize packaging damage decisions in Japan's home-appliance supply chain.
Uzbekistan’s Delever raises $380,000 for restaurant SaaS expansion
Uzbekistan-based restaurant software company Delever has raised $380,000 from AloqaVentures and Nexus Club for product development and market expansion.
Neolix raises nearly $400M Series E led by Boyu
Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.
Vietnam’s steel producer VinMetal, Italy’s Danieli to jointly make railway steel
VinMetal, the steel producer under Vietnamese conglomerate Vingroup, has signed a contract with Italy's Danieli & C. Officine Meccaniche S.p.A. to supply core equipment for a rail and section steel line.
PSA International & Granite Asia launch $50M fund to scale global supply chain innovation
PSA International (PSA), a global port operator, and Granite Asia, a $11 billion private capital platform, announced Wednesday the launch of the $50 million G&P Strategic Innovation Fund.
Ally Logistic Property, CapitaLand Investment team up to advance Singapore’s logistics transformation
Ally Logistic Property (ALP), a logistics infrastructure company, and real asset manager CapitaLand Investment Limited (CLI) have on Friday broke ground on OMEGA 1 Singapore, a S$260 million ($203.51 million) development designed to support Singapore’s next generation of smart logistics infrastructure.
Ofiniti to acquire ZeroNorth eBDN business as it expands in Singapore
Ofiniti has agreed to acquire ZeroNorth's electronic bunker delivery note business, including Singapore-based BTS, and move its customers onto Ofiniti's Bunker Operating System.
DHL commits $22.9M to Singapore healthcare logistics hubs
DHL will invest S$29 million in two Singapore healthcare logistics hubs and has added dedicated pharmaceutical handling space at Changi Airport.
ESR, INA expand partnership on new logistics developments in Indonesia
Singapore-based real asset manager ESR, Indonesia Investment Authority (INA), and other capital partners are jointly investing in the development of two institutional-grade logistics facilities in Cikarang, Greater Jakarta, expanding their partnership and supporting Indonesia’s long-term logistics, manufacturing, and supply chain development.
