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Grab lowers commissions for merchants, reduces delivery charges during MCO 2 0

In response to the second Movement Control Order (MCO 2.0) that commenced on Jan 13, Grab Malaysia has lowered its commission ceiling for small and medium enterprises (SMEs) and slashed delivery fees to as low as 50 sen.

Grab lowers commissions to help merchant partners | Money

Thursday, 14 Jan 2021 05:06 PM MYT The homegrown company will also continue to support its restaurant partners by absorbing all costs for self-pick up orders made via the Grab App and temporarily reduce commission to zero per cent if customers choose to pick up their orders themselves. Picture by Yusof Mat Isa Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 14 With the new standard operating procedures for businesses and eateries set by the government, Grab has reduced its commission ceiling further by up to five per cent for all food and mart merchants nationwide for four weeks from January 13 until February 10.

AXA Insurance Singapore names head of life strategic business unit

Li Choo Kwek-Perroy Kwek-Perroy will lead the unit, including product, claims, underwriting and life distribution channels, the insurer says in a statement. She reports to Chief Executive Officer Jean Drouffe. Kwek-Perroy first joined AXA Group in 2000 and held a number of senior positions at its offices in Brussels, Hong Kong, Paris and Singapore. She left in 2016 to join Canadian insurer Manulife Financial Corp, where her positions included chief transformation office and chief customer officer for Singapore. Drouffe says he is “delighted” to welcome her back. “Her strong technical background, extensive industry experience and proven leadership capabilities make her the ideal choice to drive our life business forward,” he says in the statement.

AXA SG hands former marketer Li Choo Kwek-Perroy MD role for Life business

Details 11 January 2021 AXA Insurance Singapore has named former marketer Li Choo Kwek-Perroy as managing director, Life, effective immediately. She will lead the company’s Life strategic business unit including product, claims and underwriting, as well as the Life distribution channels, reporting to Jean Drouffe, CEO. She succeeds Sean Goh who has decided to pursue other opportunities outside the organisation.  Her return to AXA Group comes over a year after her departure from Manulife Singapore, where she held the role of chief transformation officer and chief customer officer Kwek-Perroy for over three years. In her three years with Manulife, Kwek-Perroy has been involved in several out-of-box campaigns and forging new partnerships.

Gig Economy Is Growing Rapidly in Malaysia but More Inclusive Financial Services are Needed, According to Industry Professionals

Search Gig Economy Is Growing Rapidly in Malaysia but More Inclusive Financial Services are Needed, According to Industry Professionals December 24, 2020 @ 8:58 pm By Omar Faridi The gig economy has been growing steadily in Asian countries like Malaysia, particularly at a time when the COVID-19 outbreak is forcing residents to pick up side jobs to supplement their earnings during these uncertain times. Although the gig economy or temp work opportunities are becoming increasingly available, freelancers, self-employed and gig workers are financially underserved, according to industry professionals. During an online event organized by Fintech News Malaysia, senior management professionals from Malaysia Digital Economy Corporation (MDEC), UN Capital Development Fund (UNCDF), Employees’ Provident Fund (EPF), and Grab Malaysia talked about why traditional financial service providers aren’t offering products that fit gig workers’ requirements, and what should be done to provide t

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