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11-25 2022
big companies Southeast Asia's largest telecommunications service provider Singtel launches esports tournament Singtel
With a market capitalization of $40 billion, the company is constantly looking to grow in new areas as its traditional telecommunications business declines, and this esports event is launched in response to the development of the esports industry in Southeast Asia. Currently Singtel
24% of sales came from non-telecommunications businesses. Indonesian government lifts ban on overseas D-Tok First quarter of this year, T-Tok
Became the most downloaded app in the Indonesian Apple App Store, which is hugely popular among young people due to its homemade music videos. On July 3, Indonesian regulators blocked access to the app for broadcasting pornographic and profane content. 36Kr has also been reported before. T-Tok is operated by "T Bar Today" and is known as the overseas version of D tone. Today's T Strip is one of China's fastest-growing tech startups, currently valued at more than $30 billion. "T-Bar Today" or T-Tok
No official response has been issued at this time. Ant Financial will focus on cashless payment in South America and Africa in the next 5 years At the same time, Ant will continue to expand its Asian market. So far, Ant Financial has established partnerships with local companies in South Korea, Pakistan, Bangladesh and Hong Kong. Through micropayment services with Philippines
In collaboration with GCash, Alipay Hong Kong also launched a blockchain-based cash remittance service last month. The service will support cash remittances between the Philippines and Hong Kong. In the future, we will continue to expand our business in the region. ofo announced that it will gradually end the company's related operations in Australia According to Australian media reports on July 10, the sharing bicycle company ofo has announced that it is shutting down its business in Australia. The company will phase out its operations in Australia over the next 60 days, and ofo bikes will be gradually removed from the streets and placed in warehouses. An ofo spokesperson said the company had made a "strategic decision to focus on priority markets with an international perspective." In the next 60 days, ofo
Operations in Adelaide and Sydney will be phased out. In the process, ofo will begin to withdraw shared bikes from the city,
ofo Australia will take responsibility for taking action in various markets to phase out operations and address any outstanding issues before terminating operations. Not so long ago, ofo
It has just announced the cessation of business operations in Israel and the Middle East. A study by Australia's Queensland University of Technology in May found that Australia had the lowest bike-sharing rate in the world. In Sydney, bike sharing is used an average of 0.3 times per day, while in other countries the average number of bike sharing cycles per day ranges from 2 to 6 times. SoftBank subsidiary ready to list on the Eastern Stock Exchange or the largest After listing, SoftBank will remain a subsidiary of the group, and the strategic holding of the parent company will be strong. At present, the mobile phone subsidiary has changed its director system, abolished Son's representation, and lifted the debt guarantee for the parent company's corporate bonds and loans, thereby improving its management independence. In the future, we will establish a more independent management and growth strategy. The mobile phone subsidiary had the third largest number of contracts signed in Japan. According to the Ministry of Internal Affairs and Communications, SoftBank Group's mobile communications market share was 23.4% at the end of 2017. Trends & Policy Malaysian government assesses whether Uber's deal with Grab is suspected of monopoly As early as early April this year, the Malaysian government said that it would launch an antitrust investigation into the Uber-Grab transaction. Nancy Shukri, a senior Malaysian government official
At the time, it said that before announcing the transaction, Grab had assured that the tariff structure of the Malaysian ride-hailing service market would not be affected by the deal. But Uber and Grab
Users expressed concern about the deal, fearing that the acquisition would hinder competition in the ride-hailing app market, leading to higher fares and lower quality of service. On Thursday, Singapore's antitrust watchdog, the Singapore Competition Commission, said it planned to fine the two companies because the Grab-Uber deal affected fair competition in the market, and could also require the two companies to cancel the merger. Thailand's $54 billion pension fund seeks international advisors Social Security Office of Thailand
Office) is currently seeking to develop new investment guidelines and plans to invite foreign advisers to participate in advisory services to help improve returns. It is understood that the recent stock market crash has affected about 14% of total stock market assets, and the fund's performance in the first half of the year failed to achieve the return of about 6% last year. The person in charge said,
60% of the $54 billion fund's assets are invested in "safe" bets such as bank deposits, government bonds, corporate investment-grade bonds and mutual funds, while the rest goes to stocks, real estate, commodities and real estate investment trusts. Its investment program sought to maintain a rate of return of at least 5 per cent per annum in order to meet the expected remuneration and payments of Member States for at least 20 years. The income earned is used to pay for health care, unemployment, disability, death, and retirement benefits. This article is published by the columnist, and the copyright belongs to the original author. The article is the author's personal opinion, does not represent the position of the scholar, please contact the original author for reprinting. If you have any questions, please contact sales@shusheng.com