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Shein, the fast-fashion retailer, is looking at a tough road ahead as it aims for a valuation of up to US$50 billion in its highly anticipated IPO in Hong Kong. This is mainly due to new fees imposed on e-commerce parcels in Europe, which are expected to…
Vietjet Air and Bamboo Airways, two leading airline companies, have recently increased their rates for checked luggage by 15-25%. This price surge has come into effect just before the beginning of the high-demand summer travel season. Revised Baggage Prices…
In the first quarter, the Oversea-Chinese Banking Corporation Limited (OCBC) experienced a decline in its net interest income. However, this was counterbalanced by increases in wealth-led gains and higher fees, resulting in an overall rise in total income.…
Apple will decrease the commission fees it collects from App Store transactions in mainland China, marking a substantial victory for Chinese developers. This decision comes in response to the perceived pressure from regulators in the U.S. technology…
Amazon has announced that it will abolish the referral fee for sellers in India on items priced under 1000 rupees (approximately US$10.98). This decision aims to encourage more retailers to use their platform and gain a stronger hold on India’s competitive…
Many international students in Australia are facing considerable financial strain, as they attempt to balance their academic commitments with part-time work to afford their living expenses. A key concern among these students is the high cost of food and other…
Casino operators are voicing their concerns over a proposed plan by regulatory bodies to increase the monthly casino entry fee to VND50 million ($1,900). Some operators suggest this amount should instead be set as the annual entry fee. Increased Entry Prices…
Fourteen business associations have petitioned nine ministers to complain about Vietnam’s unusually high recycling fees, which are several times higher than that in Europe. The associations, which include American Chamber of Commerce in Vietnam, Vietnam…
The government has instructed the Ministry of Finance to assess the impact of a 50-percent cut in registration fees for locally produced automobiles. Thanh Cong Motor Vietnam Joint Stock Company had called on the government to cut the fee to support an…
The Ministry of Road Transport and Highways on Tuesday said it has issued a notification to exempt battery-operated vehicles from the payment of fees for issue or renewal of registration certificate. In a statement, the ministry said it has also exempted…
AirAsia has announced that it would waive flight change fees for any new bookings made between June 3 and October 31, 2020. In a statement today, it said the option is applicable for online bookings on airasia.com for domestic flights within Malaysia,…
Apple has filed suit in China challenging Qualcomm’s fees for technology used in smartphones two years after Chinese regulators fined the chipmaker for its licensing practices. Two lawsuits filed by the iPhone maker accuse Qualcomm of abusing its control over…
