Daily Briefing: SIA to upsize Boeing fleet in India; Fish farmers Barramundi Asia, Allegro Aqua eye merger

And food delivery app Hi-So secures funding.

From Bloomberg:

Singapore Air’s Indian joint venture Vistara, is considering ordering additional 787 Dreamliner jets from Boeing Co, whose sticker prices start at about $250m each. The new jets will add more flights to destinations as far away as the U.S., people familiar with the matter said.

The carrier is also mulling buying more A320neo-family planes from Airbus SE, including the longest-range A321XLR model, they said.

The move by Vistara is said to be part of plans to loosen Emirates and Etihad Airways PJSC’s grip over the lucrative market of flying passengers between India and Europe.

Read more here. 

From Deal Street Asia:

Singapore-based farmers of barramundi fish, Barramundi Asia and Allegro Aqua are in talks to merge operations.

The companies plan to integrate their multi-year research and development programmes, as well as sustainable farming practices, the use of genomics and marker-assisted breeding and autogenous vaccines, a statement said.

A representative of Barramundi Asia said Allegro Aqua currently grows a limited number of fingerlings for selected customers. Barramundi Asia currently obtains fingerlings and fry from Allegro Aqua and other international suppliers, but once Allegro Aqua’s capacity has been increased, Barramundi Asia will primarily use its fingerlings, the representative said.

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From e27:

Singapore-registered company Hi-So Co., which owns a food delivery app under the same brand name in Myanmar, has secured “six-digit funding” from several unnamed individual investors.

Hi-So Co. is a spin-off of Hi-So Mall, an e-commerce platform owned by Myanmar’s Htun Khaing International.

Hi-So said in a press release that the money will be used to further accelerate the pace of expansion of transaction volume in the delivery and online shopping market in the country, where the competitive environment is intensifying day by day.

The Hi-So app allows users to order any items from its Hi-So Mall app (available on iOS and Android). Besides food, Hi-So Mall also sells a variety of products such as vegetables, cosmetics, home appliances, and clothing.

Read more here.