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Home Business (page 39)

Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

KPPU imposes Rp 30 billion fine to Grab Indonesia

By The Asian Affairs
July 3, 2020
in :  Business, Indonesia

The Business Competition Supervisory Commission (KPPU) has imposed fines on PT Solusi Transportation Indonesia (Grab Indonesia) and PT Telekomunikasi Indonesia (TPI). Both companies are considered to have violated Article 14 and Article 19 of Law Number 5 Year 1999 concerning the Prohibition of Monopolistic Practices and unfair business competition. As a result, Grab is fined for Rp 30 billion consisting …

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Thailand’s Red-Light Districts Reopening Under Strict Conditions

By The Asian Affairs
July 3, 2020
in :  Business, Thailand

Thailand’s red-light districts reopened on Wednesday after more than three months with performers wearing bikini’s as well as face masks. The face masks are a mandatory requirement to stop the spread of coronavirus. Bars, karaoke venues and massage parlous were in the latest category of businesses allowed to reopen with conditions. Thailand has gone 37 days since recording any local …

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GMA 7 launches “GMA Affordabox” on its 70th anniversary

By The Asian Affairs
July 3, 2020
in :  Business, Philippines

MANILA – Television media titan GMA Network Inc. has announced the its own high-quality and affordable Digital Terrestrial Television (DTT) called “GMA Affordabox”. This affordable digital TV receiver is a plug-and-play device that can be connected to a television to receive digital transmission broadcast. This receiver also has a personal video recorder that would allowed consumers to record GMA, GMA …

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ABS-CBN’s TV Plus to go off air outside Metro Manila

By The Asian Affairs
July 2, 2020
in :  Business, Philippines

MANILA – ABS-CBN Broadcasting Corporation announced Wednesday that channels on its TV Plus has stopped airing in areas outside Metro Manila. Channels including CineMo, Yey, TeleRadyo, Jeepney TV, Asianovela Channel and KBO will be affected by the shutdown as the National Telecommunications Commission issued a cease and desist order to the media titan. NTC said that the cease and desist …

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Duterte orders CIDG, NBI, BIR to investigate J&T Express cargo mishandling

By The Asian Affairs
July 2, 2020
in :  Business, Philippines

MANILA – President Rodrigo Duterte on Tuesday said he wants to investigate the courier company J&T Express over the alleged mishandling and missing deliveries. In a recorded address television address aired late Tuesday, The President ordered the National Bureau of Investigation, Criminal Investigation and Detection Group, BIR to conduct a probe into the courier’s operations. President Duterte also threatened to …

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Ride-hailing firms Gojek and Grab help MSMEs businesses go and grow online in new normal

By The Asian Affairs
July 1, 2020
in :  Business, Indonesia

Since the beginning of the COVID-19 pandemic, many Micro, Small, and Medium Enterprises (MSMEs) have been affected by their businesses. One of them, culinary entrepreneurs, which when the policy to keep the distance each other or social distancing, causing dine-in customers to decrease dramatically. Until they then can open the operation to selling, but with changing the selling operation by …

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Thailand’s Lawmakers to Regulate Online Food Delivery Services

By The Asian Affairs
July 1, 2020
in :  Business, Thailand

Lawmakers in Thailand have approved measures to regulate online food delivery services after customer complaints during the covid-19 lockdown. Food delivery surged in Thailand due to the lockdown. The Trade Competition Commission warned that if food delivery platforms increased prices unfairly they could be fined. “The Covid-19 outbreak has changed consumer behavior and more consumers are using these online services and there …

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NTC orders Sky Cable to shut down operations

By The Asian Affairs
July 1, 2020
in :  Business, Philippines

MANILA – The National Telecommunications Commission (NTC) on Tuesday, ABS-CBN affiliate Sky Cable to cease and desist from operating its digital broadcast on TVPlus and SKY’s satellite broadcast nationwide. In a move to deliver yet another fresh blow against the Media titan, NTC ordered the ABS CBN affiliate to show cause in 10 days why the frequencies assigned to it …

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Lion Air Group provides rapid test for the passengers

By The Asian Affairs
June 30, 2020
in :  Business, Indonesia

Passengers who want to travel by air are required to attach the health results of a rapid test or polymerase chain reaction (PCR) in the midst of the implementation of the new normal during the Covid-19 pandemic. Seeing this, Lion Air Group now offers special rapid test services for prospective its airline passengers, including Lion Air, Wings Air, Batik Air. …

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Mah Sing Sets Revenue Goal of RM1.6bil This Year

By The Asian Affairs
June 30, 2020
in :  Business, Malaysia

Mah Sing Group Bhd has retained its revenue target of RM1.6 billion by 2020 with 84 per cent of its goods priced below RM700,000. The group said it was preparing to push ahead with its planned launches in the second half of the year in a statement today after its virtual annual general meeting ( AGM). During its weekend launch …

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