Indonesia’s GoTo, a ride-hailing and food delivery company, alongside Singapore-based Grab, announced they will reduce the per-trip commissions for their two-wheeled driver partners in Indonesia. Beginning July 1, the commission rate will be slashed from 20%…
There has been an escalating trend of South Korean students abandoning their teacher-training colleges due to progressively unfavorable working conditions, static wages, and dwindling career outlooks. According to the Korea Educational Development Institute,…
Hong Kong’s prominent fashion retailer, Giordano, recently announced an increase in their sales for the first half of the fiscal year. This significant improvement in sales is mainly attributed to a substantial surge in the company’s e-commerce operations.…
Fast-fashion retailer, Shein, founded in China, has reportedly submitted an application for an initial public offering (IPO) in Hong Kong. This move has been interpreted as a strategic effort to expedite their listing process and to put pressure on the UK’s…
Shareholders of UBS voted incoming chairman Colm Kelleher into office with overwhelming support. Now he must meet their expectations. With UBS’s record results last year it is no surprise there was no shareholder rebellion at today’s annual general meeting…