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PAYING taxes is an important civic duty. It is on par with knowing how to sing the national anthem and recognising the national flag.
PUTRAJAYA (Bernama): The Malaysia Competition Commission (MyCC) has filed an application to seek leave to appeal against the Court of Appeal's ruling to allow Grab Holdings Inc and its subsidiaries to commence a judicial review to challenge the Commission's proposed imposition of RM86.77mil fine on them.
GRAB, the ride-hailing firm that started its business in Malaysia nine years ago, announced a plan on Tuesday to list on Nasdaq in New York. The US$40bil deal involved a merger with special purpose acquisition company Altimeter Growth Corp.
PETALING JAYA: The news about South-East Asia’s first decacorn, Grab Holdings Inc, to be listed in the United States in a massive near-US$40bil (RM165.16bil) deal is a big loss for Malaysia.
HONG KONG (Bloomberg): A few years after launching Grab Holdings Inc. in 2012, Anthony Tan got a piece of advice from Jack Ma. The co-founder of Alibaba Group Holding Ltd. told the entrepreneur that life is a tsunami. When you’re up on the wave, get ready for the crash, he said.
SINGAPORE (The Straits Times/ANN): Singapore-headquartered super app Grab's plans to go public in the United States, in what is the largest blank cheque company deal ever, is testament to the growth prospects of South-east Asia and Singapore's start-up ecosystem, analysts and industry players said.
KUALA LUMPUR: Malaysia’s anti-monopoly authority, which has slapped over RM160mil in penalties against companies, is now focusing its investigations on bid-rigging in government tenders worth billions of ringgit.
KUALA LUMPUR: A single mother has lodged a complaint with the Industrial Relations (IR) Department against e-hailing operator MyTeksi Sdn Bhd, popularly known as Grab, for removing her from its platform allegedly without valid reasons.
KUALA LUMPUR: For single mother Yip Lai Ching, becoming an e-hailing driver was a way for her to earn an income.
KUALA LUMPUR: An e-hailing drivers' group has issued a letter of demand to the Transport Ministry and e-hailing operator Grab, claiming they lack workers' rights.