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Grab denies monopoly status in Vietnam

The Hanoitimes – Grab stressed the combined market share in Vietnam after the acquisition of Uber`s South-east Asia business is less than 30%. “As a result, Grab understands that related parties do not have to inform the Vietnam Competition Authority before completing the transaction in Vietnam,” Grab announced on April 5.  However, the ride-hailing firm was […]

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Philippines: Economists see inflation breaching target

MANILA, Philippines — Economists now see inflation surpassing the four percent upper target set by the Bangko Sentral ng Pilipinas (BSP), which may prompt monetary authorities to raise interest rates as early as this quarter. Investment banks have raised their respective inflation forecasts for 2018 and 2019 after inflation leapt to a five-year high of […]

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