Business decisions not your business, Putrajaya told over Foodpanda dispute

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

IDEAS says Putrajaya's stand in Foodpanda dispute raises questions about government impartiality, business stability FMTNews

Youth and Sports Minister Syed Saddiq Syed Abdul Rahman with Foodpanda riders at his home in Petaling Jaya on Tuesday.

“It might create concerns within the business community that the government is prepared to intervene in decisions of individual companies when things get political,” IDEAS research director Laurence Todd told FMT. The new payment scheme does away with paying riders by the hour, although riders get more commission for every order delivered, from RM4.50 to RM7.

He said the government should be clear about its focus on the business environment, not individual businesses.He cited as example e-hailing regulations, which he said was well intended but flawed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you want to be popular, be an artist. Popular leader is a not a good leader.

SyedSaddiq pakatanharapan_ PPBMofficial kan aku dah kata, u r not fit to be a minister lah...apa, pancing undi indonmelayu Dah berdekad ngan pelbagai polisi2 yg bernilai berbilion2 utk spesis 'istimewa' indonmelayu, masih terencat lagi dan x paham2 reti survival🤦‍♂️🤦‍♂️

she is not economic student, what did she studied?

Jz like socialist, even communism style approach.

It’s all about business friendly. Why SyedSaddiq yg sibuk and AzminAli still go to oversea marketing our economy success

The_UglyOrgan Yang penting popular. Populist &immature boy

It's a dangerous precedent the government moving into..business is not a 30 second commercial but to some it's good business to portray

It was a necessary political gimmick but lets wait for the real decision to be made after all the gimmick. If somehow they interfere with the bussiness making them lost profit on the way, well then its a bad news for Malaysia economy. But if its not then good.

The_UglyOrgan This PHorno government has unshamefully been crony friendly since day one

Tun M pet

This kiddo..is running high on emotions ..he has no real business experience and even real administrative experience..A kid gets lucky in elections and with handsome salary..Reeling out his whimps and fancies chedetofficial anwaribrahim limkitsiang

Exactly right. Putrajaya should b looking at d law. Change d law so that all Malaysians will not b taken advantage of anymore. This govt must recognize d rising work/business trends n make d necessary adjustments. All companies r just working within the given set parameters.

A strong message is being made here, rightly or wrongly. Government regulation versus government interference!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Protect local firms doing business overseas, ex-deputy foreign minister tells Putrajaya after Maldives snub | Malay MailKUALA LUMPUR, Oct 1 — Former deputy foreign affairs minister Datuk Seri Reezal Merican Naina Merican has urged Putrajaya today to take a proactive stance and protect local companies from being “bullied” from overseas. Reezal said the federal government should take a more active role to... No, private contractual matter. Let the terms of the agreement and arbitration take its course. The local company didn't seek governments approval to go into business with Maldives.
Source: malaymail - 🏆 1. / 86 Read more »