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Korea’s antitrust body is examining the practice of retailers unfairly shifting distribution costs to their suppliers. The Fair Trade Commission (FTC) has started evaluation proceedings against Lotte Mart for transferring this burden and charging an onward…
AirAsia Group Bhd will cease charging the RM3 klia2 fee for all flights departing from Kuala Lumpur International Airport 2 (klia2) starting today. The klia2 fee was introduced in May 2014 to cover the additional cost created at klia2 due to the use of…
Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands. According to Nguyễn Đức Vinh, general director of VP Bank, after years of investing in the…
The Bank for Investment and Development of Vietnam (BIDV) is officially applying a new fee schedule for e-banking. The fee on transfers via e-banking of less than VND10 million ($440) is up from VND6,600 (29 cents) to VND7,000 (31 cents), and for up to VND500…
Vietnam’s recording industry association told karaoke businesses to take copyright laws seriously. From mid-July this year, royalty fees for more than 10,000 licensed musical works will be collected by the Recording Industry Association of Vietnam (RIAV), the…
