The Philippine Competition Commission said last Monday that it will be looking into Grab’s acquisition of Uber’s Southeast Asian business as the it could substantially reduce competition. In an official statement, the PCC said that the deal is expected to have a far-reaching impact on transportation services and the riding public....

Bangko Sentral ng Pilipinas governor Nestor Espenilla said last Saturday that they have issued an alert to local financial institutions after learning of a cyber attack that had hit Malaysia’s central bank. Bank Negara Malaysia said that hackers made falsified wire-transfer requests over their SWIFT bank messaging network, but no...

The Indonesia transport ministry revealed this week that Go-Jek and Grab need to register as transport businesses. The requirement, which has to be completed within the next two months is expected to increase cost and scrutiny for both ride-hailing firms. Transport Minister Budi Karya Sumadi said in a conference that a...