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The government is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two officials said this week, creating potential obstacles for the companies’ expansion. The regulations would…
Rising interest rates, Malaysia’s slowing gross domestic product growth and unfavourable government policies will limit share price upside for Malaysian property development companies, said CGS-CIMB.Although it expects the property companies in its coverage…
The Vietnamese government wants cashless transactions made viable for all household bill payments by the end of this year. A recent government resolution on changing the business environment to improve competitiveness and labor productivity contains a push to…
Large supermarkets are banned from giving or selling plastic shopping bags to customers. The Ministry of Environment announced Monday that it will completely prohibit grocery franchises and supermarkets over 165 square meters (1,776 square feet) from selling…
SigveBrekke, President and CEO of Telenor Group, along with IrfanWahab Khan, CEO of Telenor Pakistan and Petter-Børre Furberg, Executive Vice President Telenor Group met the Honorable Prime Minister of Islamic Republic of Pakistan Imran Khan to discuss the…
The Australian government has opened applications for the fourth round of the national Mobile Black Spot program, designed to improve mobile coverage in regional and remote Australia. Mobile network and infrastructure providers have been given until December…
Thailand is the world’s second largest rice exporter, and it is confronted by a fall in prices that has mostly affected the rice farmers, with prices hitting a thirteen months low. Now the Thai Government has taken action and has proposed a set of measures…
The government plans to take firm action against illegal imports of textile and textile products as these have been hindering business and impacting ind ustrial growth in the manufacturing sector. “We will take firm action against importers who have so far…
In 2013, Marine Gold Products, one of the largest shrimp exporters in Thailand, lost big money on meeting its export commitments. As early mortality syndrome (EMS) caused Thai production to dive, raw material prices rocketed. EMS caused production to dive…
Singapore’s soon-to-be-formed Government Technology Agency (GovTech) will continue to partner the ICT industry and invest in technologies such as data analytics, ICT infrastructure, and platform-as-a-service to develop citizen-centric services. GovTech, which…
China will promote the development of the retail, health, travel and sports sectors in a bid to boost domestic consumption, the cabinet said on Sunday. In a statement on its website, the State Council said it will encourage financial institutions to accept a…
The Thai government has expressed its gratitude toward store owners for keeping prices of every item at an affordable level until November this year. Deputy Spokesperson to the Prime Minister’s Office, Major General Sansern Keawkamnerd has revealed that the…
China’s government says it will cut tariffs on consumer goods in a bid to get local Chinese to spend more in the mainland. The move may well prove an additional blow to Hong Kong’s retail sector already reeling from reduced spending by mainland visitors.…
While most consumers grappled with the escalating cost of living, the Malaysian government’s subsidy rationalisation programme and the impending introduction of the goods and services tax (GST) also took centre stage. The government’s decision to reduce…
