DAHON Announces the Renaming of "D-VELO" Technology to "DAHON-V"
The issuer is solely responsible for the content of this announcement.
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Straits Times
3 days ago
- Straits Times
DAHON Announces the Renaming of "D-VELO" Technology to "DAHON-V"
DAHON Announces the Renaming of "D-VELO" Technology to "DAHON-V" The issuer is solely responsible for the content of this announcement.
Business Times
4 days ago
- Business Times
Singapore car sharing firm GetGo offers no-deposit car leasing, starting at six months
[SINGAPORE] The team behind car-sharing company GetGo has introduced a long-term car rental service with no deposit required and a minimum period of six months – shorter than other long-term rental services. Launched on Tuesday (Jul 29) under the name ZipZap, the service aims to bridge the gap between short-term and long-term car rentals. 'We saw a clear gap between short-term rentals and long-term ownership, and many drivers wanted something in between: consistent access to a personal car, without the stress of large upfront payments or being tied down for years,' said GetGo and ZipZap chief executive Toh Ting Feng. In contrast to ZipZap, GetGo's eponymous car-sharing platform offers short-term rentals from a minimum of an hour to a maximum of five days. With 245,000 subscribers, it is currently Singapore's largest car-sharing provider. Existing long-term car rental services have a 12-month minimum hire period and require a deposit, which is typically a month or two of the rental cost. A small, mainstream sport utility vehicle (SUV) generally costs about S$2,000 a month. ZipZap users pay a monthly fee that covers all major costs – such as road tax, insurance and maintenance – except for fuel. This starts at around S$2,000, said Toh. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up When the leased car is sent for servicing or repairs, ZipZap users will be able to use a 'courtesy car' in the meanwhile. A range of new and used cars is available. The fleet has started with smaller hatchbacks and SUVs – such as the BMW X2, Suzuki Swift, Honda HR-V and Hyundai Kona – with more models to be added based on demand. ZipZap is also beta-testing an optional feature, 'Subscribe and Share', that will allow users to rent out their leased vehicles on the GetGo platform. Rental money earned will be deducted from the ZipZap subscription fees and ZipZap will not charge platform fees on it. Toh Ting Feng, the CEO of GetGo and ZipZap. PHOTO: BT FILE 'If you lease out your car to 20 people and they pay a S$20 fee, you will get S$400,' noted Toh. Peer-to-peer car-sharing platform Drive lah offers a similar Flex+ service, by which users can rent cars from each other for a minimum period of two months and with no deposit. Leased cars can also be rented to other users on Drive lah's platform, with a required minimum of four days a month. As a peer-to-peer service, Drive lah lists vehicles that are owned by individuals, rather than a company. In its statement, ZipZip highlighted that unlike peer-to-peer sharing services, it 'owns and retains full operational oversight of every car'. 'Sharing only happens within our closed-loop, platform-managed system, where all cars are maintained, insured, and quality-controlled directly by us.'
Straits Times
09-07-2025
- Straits Times
Japan opens Osprey base on Kyushu as China ramps up military presence
Sign up now: Get ST's newsletters delivered to your inbox The first V-22 Osprey is expected to arrive later on July 9 TOKYO - The Ground Self- Defence Force (GSDF) opened a new camp in south-western Japan on July 9 to host its fleet of Osprey transport aircraft s , part of efforts to strengthen defenses of remote islands due to fears over China's increasing military ambitions. The first V-22 Osprey is expected to arrive later on July 9 at the new Camp Saga, in the prefecture of the same name on the main island of Kyushu, transferring from Camp Kisarazu in Chiba Prefecture near Tokyo. The GSDF's tilt-rotor aircraft have been temporarily based there since July 2020. Operations at the new camp, staffed by about 420 personnel, begin as safety concerns linger following a series of Osprey accidents in Japan and abroad, including a fatal crash two years ago. Ospreys can take off and land like helicopters but cruise like airplanes. The primary mission of the V-22 unit is to transport personnel and equipment for the GSDF's Amphibious Rapid Deployment Brigade in the event of an emergency. Dubbed the Japanese Marines, the brigade is based in Sasebo, Nagasaki Prefecture, adjacent to Saga, and specialises in defending remote islands. The relocation of the Ospreys reflects Tokyo's recent focus on bolstering deterrence and response capabilities in the south-western Nansei island chain, a strategically vital area due to its proximity to the potential geopolitical flashpoint of Taiwan. China considers Taiwan a renegade province to be reunified with the mainland, by force if necessary. It has stepped up military pressure on the self-ruled democratic island and increased maritime assertiveness in the East and South China seas. Top stories Swipe. Select. Stay informed. Asia Why Japan and South Korea are on different paths in the latest US trade salvo World Trump says steep copper tariffs in store as he broadens his trade war Opinion Hyper-competitive classrooms feed the corporate world's narcissist pipeline Opinion Is Donald Trump unstoppable? Singapore Keep citizens at the centre of public service, Chan Chun Sing tells civil servants Business 'It's our grandfather's company, we won't sell', says Wong family as shareholders reject GE delisting bid Singapore Police officer taken to hospital after motorcycle accident on PIE Asia Ex-Malaysian PM Najib's wife Rosmah wins $30,000 in suit against TikToker The GSDF plans to transfer the remaining 16 Ospreys from Chiba to Saga in several waves by mid-August, landing the aircraft on the runway of the prefecture's main commercial airport, located next to Camp Saga. The US military also deploys Ospreys in Japan. In November 2023, one crashed off Yakushima Island in Kagoshima Prefecture in south-western Japan during a routine training flight, killing all eight crew members.
