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PUTRAJAYA: The Federal Court here on Wednesday (Feb 9) allowed the application by Malaysian Competitions Commission (MyCC) to stay the hearing of Grab Holdings Inc’s legal challenge against the proposed imposition of an RM86.77mil fine, scheduled to begin next Monday (Feb 14) at the Kuala Lumpur High Court.
KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB) has launched its mobile registration and onboarding feature (e-KYC1) and a new goal-based investing function in the myASNB mobile application (app).
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.
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.
Brand partners with e-hailing company in campaign to provide cleaner, safer air quality for drivers and passengers.
HANOI (Vietnam News/ANN): The rail-hailing app Grab’s recent move to increase fees triggered concerns among drivers that they would earn less as passengers switch to other transportation service providers.
“I am relieved that the government has allowed us to take out money from Account 1 of our Employees Provident Fund (EPF). I sell flowers and cookies from home to earn a living while my husband works in Singapore. My business was badly hit due to Covid-19 and my husband was unable to send back as much money as he used to as he now has extra expenses to bear due to the closure of the border. He used to travel back and forth between Johor and Singapore daily but he now has no choice but to remain in Singapore where he has to fork out extra cash for his rent there as well as for his daily basic needs. I am depending on my sales here for my five children who are between 14 and 24-years-old. Three of them are schooling while two are still looking for jobs. The money from the EPF really helps to ease our burden but I have made it a point to only take it out when we are desperate. ”S. Sumathi, 47, trader