Category: Business
Bolt Enhances Rider Safety Ahead of Okada Legalization
Bolt Ghana is proactively enhancing rider safety and compliance protocols in anticipation of new legislation governing commercial motorcycle transport, often referred to as the “okada bill.” The ride-hailing platform recently convened 30 of its top-performing riders in Accra for a comprehensive safety engagement session. This initiative aims to deepen riders’ understanding of regulatory requirements, foster…
60% Approval: Corporations Brace for Voting Disclosure
Shareholders Scrutinize Corporate Decisions as New Transparency Rules Reshape Annual Meetings The landscape of corporate governance in South Korea has undergone a significant transformation following the implementation of new financial authority regulations, mandating the full disclosure of shareholder meeting voting results. This shift, effective from the first of this month, has injected an unprecedented level…
BASF’s Mega-Factory Opens in China
BASF Inaugurates Mega-Complex in China Amidst Global Economic Headwinds German chemical giant BASF has officially opened a colossal new production complex in Zhanjiang, China, marking its largest-ever investment. The €8.7 billion ($10 billion) facility, situated in the southern Guangdong province, spans approximately four square kilometers and consolidates numerous chemical production units. This significant expansion into…
Q1: SME Loan Demand Declines
SME Confidence Plummets Amidst Rising Costs and Lending Squeeze Small and medium-sized enterprises (SMEs) are experiencing a significant downturn in confidence, marked by a sharp decline in the first quarter. This erosion of optimism is largely attributed to escalating operational costs, exacerbated by the ongoing energy crisis, and a noticeable slowdown in access to credit.…
Haad Thip Embraces Returnable Glass
Haad Thip Shifts Strategy: Embracing Glass Bottles Amidst Rising Plastic Costs Haad Thip Plc, the exclusive Coca-Cola bottler and distributor for 14 southern provinces in Thailand, is strategically pivoting its product portfolio to mitigate the escalating costs associated with plastic pellets. The ongoing geopolitical tensions in the Middle East have significantly impacted the price of…
Fuel Crunch Fuels Growth
Grab Thailand Navigates Rising Fuel Costs and Economic Uncertainty with Strategic Initiatives Grab Thailand is proactively addressing the challenges posed by escalating fuel prices, anticipating a potential “mini-crisis” that could impact its operations. The company is developing contingency plans, including the possibility of introducing passenger surcharges, while simultaneously reinforcing its commitment to aggressive promotional campaigns.…
