TribeCar launches Super Economy car rental


Car sharing platform TribeCar has announced a partnership with NTUC Income (Income) and CARRO to provide next generation smart city insurance for their Super Economy cars, making it possible to provide car-sharing hourly rentals for as little as $0.50 per hour for its Super Economy category. The partnership will provide transparent motor insurance coverage through a usage-based proposition, first piloted in Singapore where motor insurance is no longer based on a fixed cost, but tied to the vehicle’s smart data such as mileage, location and timing consumption.
The joint initiative between Income and CARRO developed a usage-based motor InsurTech platform, combining telematics, insurance, and data analytics designed to enable car rental firms in Singapore to mass adopt usage-based programmes effectively.
“This adoption of usage-based insurance for our cars simply means transparency, lower prices and tremendous savings for our members. We’re also experimenting with new ways to deliver greater value for our members,” TribeCar co-founder Adrian Lee said.
Palmstone Tankers & Trdg would have to review all procedures before being allowed to continue operations. Banker tanker NewOcean 6 has been put into quarantine and has ceased all operations until further notice after a total of nine COVID-19 cases linked to the vessel were recorded, the Maritime and Port Authority (MPA) of Singapore reported. Six new cases linked to the banker tanker operated by Palmstone Tankers & Trdg turned out to be…
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Consumers with smartphones can connect to the WiFi for free. Singtel has launched its 5G experience UNBOXED Lite on Orchard Road, transforming payphone booths into multimedia kiosks which provide round-the-clock access to a wide range of Singtel services and complimentary 5G-powered wifi. Consumers with any smartphone can connect to the 5G-powered WiFi for free. All touch surfaces in UNBOXED Lite are also disinfected frequently and coated with a…