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Uber Technologies Inc chief executive officer Dara Khosrowshahi’s warning that the company may have to temporarily shut down in California is textbook strategy for the ride-hailing giant: When adverse court rulings hit, appeal to the public for support and seek to delay regulatory action.
LONDON: The dollar’s weakness is giving central banks in Asia room to ease monetary policy further amid concerns that the region’s economic recovery is plateauing.
SINGAPORE: Singapore’s Olympic swimming champion Joseph Schooling was handed a fresh national service deferment, allowing him to compete in next year’s postponed Tokyo Games.
MTUC urges govt to order banks not to start bankruptcy proceedings after loan moratorium period ends
PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has called upon the authorities to issue a directive to financial institutions to halt bankruptcy proceedings after the loan moratorium period ends in December.
JOHOR BARU: While the cross-border travel scheme between Singapore and Malaysia has been well received by many, frequent travellers remain unsure whether they should start travelling.
THE Malaysian Automotive Association (MAA) is revising upwards its vehicle sales target for the year by 17.5% to 470,000 units, as the grim economic outlook is likely to be buffered by the various incentives recently announced by the government.