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    Singapore

    How much can you earn as a Grab driver?

    COVID-19 has hit the global economy badly and Singapore’s is not an exception. Thousands of jobs have been cut down, hundred thousands of people lost their jobs. Thus, working as a private hire temporarily or permanently can be considered as a good way to supplement income during the bad economic situation or simply to get a job quickly with low entry barriers. You just needed a driving license with at least two years of experience to become a Grab driver.

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    The Do’s & Dont’s Of Riding Motorcycle in Singapore

    Singapore is one of the most cosmopolitan and all-rounded trendy places in the World. There’s something about its emerging and somewhat unknown aura, juxtaposed perfectly with its fast-paced lifestyle that appeals to Singapore’s many thousands of visitors. And the same applies to the roads. They’re narrow and teeming with fast-paced traffic. That’s why riding motorcycle in Singapore comes with plenty of dos and don’ts. So, stay tuned – we’ve got your back!

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    How Much Does It Cost to Own a Motorcycle in Singapore?

    If you’re in the market for a motorcycle, you’re probably looking at the newer and popular models. Who doesn’t want to cruise down Changi Coast Road on a shiny new bike, right? In Singapore, a new high-end European motorcycle model like a Vespa can cost up to S$19,000. You can also opt for popular Japanese models like Honda and Yamaha for less than S$10,000. Remember to ask for quotations and compare prices among dealerships. But before you visit one, consider the points below to estimate the overall cost of motorcycle in Singapore.

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    Motorbike mini-trip ideas in Singapore

    The only downside of Singapore is that you can only travel within Singapore. It’s a repetition of activities like dining, visiting friends, jogging, … If you are bored with those, why not try motorcycling in Singapore and get a totally new experience?

    In this blog post, we will give you some refreshing mini motorcycle routes in Singapore that you will love, because we enjoy it too. In fact, as a couple, we do those mini trips many times again and again in the late afternoon, dawn, after dinner, midnight, or even during the day time when it’s cool, during the year.

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    How would a Grab-GoJek merger affect food-delivery riders in Singapore?

    Throughout 2019 to 2020, rumors about a merger between Grab and Gojek being pushed by SoftBank’s Masayoshi Son have been whispered and teased out. With the pressure to become profitable after the WeWork disaster and also before the IPO deadline in 2022, a merger between these 2 giants is coming closer to reality. At AloRide, we think that the merger will happen before the IPO, in order to push its stock price higher thanks to profitability and an absolute dominant market share. Moreover, with the quantitative easing programs globally (aka. printing money to help the economy), Grab and GoJek would likely want to do the IPO as soon as possible, to absorb some of the cheap liquidity that leads to a global rising in asset price, especially in tech stocks during this period.

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    How much can you earn as a GrabFood or GrabExpress rider?

    Nowadays, working for delivery jobs is a popular choice, given the bad economic situation in 2020 and the flexible nature of the job. You can easily decide when and where you want to work, and even choose what kind of delivery orders you want to take up. You can also join and quit at any day, not like a traditional fulltime job.

    There are cases where food delivery riders earn over S$5,000 per month. This definitely sounds tempting for a job with so much freedom, doesn’t it? Either you want to supplement your income for your family by working part time, or temporary working for food delivery while waiting for the next fulltime opportunity, or dedicated 100% fulltime working long-term for this job, this post would be helpful to you.

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    Motorcycle COE predictions – why we think it will keep rising

    At AloRide, we need to carefully monitor the motorcycle COE price movements and change our rental pricing accordingly. There is no other market variable that impacts us more than that COE price. A good prediction will help us to optimise our assets allocation and risk/investments strategy.

    The COVID-19 pandemic has been said to hit “worse than SARS and the Global Financial Crisis” and will likely last for a few years, leading to our hypothesis that the changes we see during this period will last for a long time. In this research, we found evidences that motorbike COE price will keep increasing for at least a few years.

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