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Singapore’s Ninja Van has raised $279 million from backers including France’s GeoPost SA and ride-hailing giant Grab Holdings Inc., scoring one of Southeast Asia’s largest startup investments since Covid-19 was declared a pandemic.

The economic shock emanating from the coronavirus pandemic has done little to dent demand for Ferraris, among the world’s most expensive automobiles, according to the maker of the 1.6 million-euro ($1.74 million) Monza supercar.

Read this article to find the latest updates concerning the Easing of Tighter Circuit Breaker Measures in Singapore

After dedicating part of its factory operations to the production of hand sanitizers and donating them to Civil protection, ICCS member Menarini has increased its production from 20 to 100 tons per month. This would be able to fulfill the likely surge in demand of sanitizers once the containment measures are lifted.

Latest updates concerning the extension of the Circuit Breaker

Thanks to the prompt intervention of Assoram, an association that comprises more than 100  suppliers in the healthcare sector, the Italian pharmaceutical supply chain was able to support the healthcare sector and healthcare workers in their frontline battle against COVID-19.

Click here to read the newest updates on Covid-19.

In view of current pandemic, ICCS has been rolling out new initiatives to help ICCS Members and the Italian companies. Thanks to Shanthi Jeuland from COCO PR Communications and PR Newswire in spreading about our efforts to the media in Asia Pacific.

A webinar, organised by Confindustria Romagna, covering on E-commerce in the ASEAN region with a special focus on Singapore will be held on Wednesday 22nd April.
Giacomo Marabiso, Managing Director at the Italian Chamber of Commerce in Singapore, will be the speaker of this webinar session.

Luxury carmaker Ferrari is producing specialist valves at its Maranello factory to convert snorkel masks into respirators used to treat coronavirus patients, Chairman John Elkann said on Thursday