JAKARTA - Ride-hailing company Gojek, which has grown into an app-for-everything in Indonesia, is working out how to offer a food delivery service in Singapore. The company, which started in Indonesia by offering rides on motorcycle taxis known as ojek in 2011, could also be expanding to Malaysia, it said on Monday (July 22). Gojek launched its private-hire car service in Singapore late last year as part of a US$500 million (S$680 million) regional expansion plan. "In Singapore, we have continued to grow, but we only have one service Go-Car. We have been seeing a good growth. Within the first three months, we reached our first one million bookings," group president Andre Soelistyo told The Straits Times during a media briefing at the launch of a new company logo. He added that this positive result was also seen earlier in Vietnam and Thailand. Gojek started a food delivery service in Indonesia in mid-2015, and has launched its Go-Food service in Vietnam and Thailand, … [Read more...] about Gojek working on how to offer food delivery service in Singapore
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SHENZEN and BEIJING: When Matthew Scott was transferred to China to work as an engineer at Microsoft in 2006, he never thought there would be an opportunity to build his own start-up there.But, eschewing traditional innovation hub Silicon Valley, the American stayed on in China and is today the co-founder of an artificial intelligence start-up.“China’s a great place to do AI,” said the 37-year-old chief technology officer of Malong Technologies in Shenzhen, the southern Chinese city aiming to outdo Silicon Valley.“(Shenzen) is one of the best places to do hardware. And I have the network, and it felt like the right thing to do.”Once known as a cheap place to make copycat gadgets, the city has transformed into a tech hub that can do what Silicon Valley cannot: Combine innovation and entrepreneurship with manufacturing.Tech workers like Scott say this is not the only way in which China is setting an example for the world.“Everyone doing AI … [Read more...] about How China the copycat became a tech giant to rival the US
MULTIFACETED FALLOUT The fallout of this trade war is multifaceted. Last week, hundreds of small American business owners who sell goods imported from China told the US authorities that should the next round of tariffs take effect, they would be forced to raise prices, fire workers, or even shut down. As US Correspondent Charissa Yong reports, there is a wide spectrum of goods that could be affected. It ranges from Bibles that are printed in China using specialised machines which US producers are not able to handle, to paint brushes that use imported bristles from a unique breed of hog raised in south-western China. The trade dispute has spilled over to scientific and academic collaboration. As US Bureau Chief Nirmal Ghosh and China Correspondent Danson Cheong report, Chinese students and scholars in American universities and research institutions are beginning to feel the chill from the souring US-China relationship. Chinese students in the US are facing suspicion that they might … [Read more...] about Trump-Xi meeting at G-20: Will it ease US-China trade tensions?
HONG KONG: Asian markets mostly rose on Tuesday (Jun 18) but gains were limited, with investors treading uneasily as they await the conclusion of a crucial Federal Reserve meeting this week.While geopolitical tensions and the China-US trade war continue to make waves, the key focus for now is what the US central bank plans to do with monetary policy as the tariff stand-off shows signs of impacting the world's top economy.The latest weak data saw manufacturing activity in New York state plunge into contraction this month and hit its lowest level since late 2016, reflecting steep drop-offs in new orders, backlogs and employment.Observers pointed out the reading coincided with US President Donald Trump's threat to impose tariffs on Mexico over immigration policy, which he has since withdrawn, but added that the reaction suggests how manufacturers would react to further action against China.There has been increasing talk that the Fed will cut borrowing costs for the first time in more … [Read more...] about Asian markets mostly rise as Fed meeting looms
EARLY this year, a Bangladesh construction worker fell to his death when a floor collapsed in a multi-storey building under construction in Taman Teknologi Subang Hi-Tech, Shah Alam. Media only referred to the man as “Kassim”. He crashed 14m down, along with steel reinforcement rods and the cement mixture. According to the 2016 International Labour Organisation (ILO) report, Malaysia has one of the highest number of deaths of Nepali migrant workers, followed by Saudi Arabia and Qatar. Migrants workers have been with us for decades and they are with us, mainly, because of employment, regardless of whether they are documented or not. They are not refugees as refugees migrate due to political conflict and/or threat to their lives at their home countries. However, in Malaysia there is poor documentation and registration to establish the number of migrants and various sources have offered differing estimates. The Immigration Department said that the number of documented migrant … [Read more...] about Treat migrant workers right