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Grab to raise fares by $1, says it s to improve drivers earnings

SINGAPORE - Ride-hailing firm Grab will raise its fares by $1 starting next month to improve driver earnings amid rising fuel and maintenance costs, it said. With taxi and private-hire car ridership at just 55 per cent of pre-pandemic levels as a result of the Covid-19 phase two (heightened alert) measures, Grab said it will not collect commission on the.

Singapore watchdog CCCS clears LSE s $27b acquisition of Refinitiv

streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi

Singapore clears LSE deal for Refinitiv after FX pledge

BusinessSingapore clears LSE deal for Refinitiv after FX pledge Reuters 2 minute read Singapore s competition authority has approved the London Stock Exchange Group s (LSEG.L) $27 billion acquisition of data and analytics company Refinitiv provided the bourse continues to offer certain foreign exchange benchmarks to rivals. The Competition and Consumer Commission of Singapore (CCCS)gave the conditional approval after examining whether the deal, which transforms the 300 year old bourse into a one-stop shop for data, trading and analytics, threatened competition in the currency market. The LSE has committed to making Refinitiv s WM/Reuters foreign exchange benchmarks available to existing and future customers to provide index licencing services or clearing services in Singapore, CCCS said in a statement, adding that the commitment, effective from Monday, was for 10 years.

Woman, 60, pays S$2,400 for beauty products in Waterway Point in Punggol allegedly due to hard-selling by salespersons

The woman s daughter, Nurhuda Halim wrote to Mothership in a tip-off about the aggressive sales tactics  that were allegedly employed by Aqua Mineral salespersons. Made to stay for over an hour The incident happened on May 6 at about 4:11pm, Nurhuda disclosed. According to Nurhuda, her mother had dropped by the mall to withdraw money for Hari Raya activities. After being stopped by an Aqua Mineral salesperson, she was allegedly held back for over an hour and and was not allowed to leave unless she purchased something. Nurhuda s mother relented and made an initial payment of S$180. Eight products and three facial sessions

Singapore: Asia Pacific Competition Highlights, Q1 2021

Singapore: Asia Pacific Competition Highlights, Q1 2021 The five-part webinar series explores the implications of the digital economy issues on competition law and policy in Singapore and Southeast Asia. This update was published on 13 April 2021, as part of our quarterly newsletter, Asia Pacific Competition Highlights. The Competition and Consumer Commission of Singapore has partnered with the Singapore Academy of Law to host a 5-part webinar series on key developments and emerging trends in competition law and policy in Singapore, from 3 March 2021 to 31 March 2021. The webinar series featured renowned and distinguished speakers, such as local and international competition academics, competition law practitioners, businesses and regulators.

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