Portal Berita Ekonomi Rabu, 22 Mei 2019

Perspektif Baru Bisnis & Ekonomi

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Executive Brief
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Grab Ordered to Pay Compensation to Vietnamese Taxi Firm

Grab Ordered to Pay Compensation to Vietnamese Taxi Firm - Warta Ekonomi
WE Online, Hanoi -

A Vietnamese court on Friday ordered ride-hailing firm Grab to pay 4.8 billion dong ($206,985) in compensation to a local taxi operator, ending an 18-month-long legal battle between the two firms, a Grab spokesman and state media reports said.

The case is a rare instance of a taxi firm suing a ride-hailing rival over profit losses. Vietnam Sun Corp, better known as Vinasun, was awarded just over 11 percent of the 41.2 billion dong in compensation it was seeking over what it said were Grab’s unfair business practices.

A Grab spokesman confirmed that the company had been ordered by the court to pay the compensation, but declined to give further details. Vinasun did not respond to requests for comment.

The verdict found Grab violated Vietnamese regulations because it operates as a taxi company, and not just as a technology firm, the Tuoi Tre newspaper reported. The judge presiding over the case also said there was a link between the operations of Grab and Vinasun’s losses in revenue, but said Grab was not the only factor behind that decrease, the report said.

Grab said in a statement earlier this week that Vinasun needed to “evolve and transform” its business and should not "reduce the contestability of the market and pursue a lawsuit that seeks to discourage the entry of innovative companies".

"It is unreasonable for this court case to drag indefinitely just to allow Vinasun to build its case - when there’s none at all," Grab said in the statement.

Tag: Grab, Vietnam

Penulis: Redaksi WE Online/Ant

Editor: Cahyo Prayogo

Foto: Reuters/Edgar Su

Kurs Rupiah

Mata Uang Simbol Nilai Jual Beli
Arab Saudi Riyal SAR 1.00 3,882.98 3,843.65
British Pound GBP 1.00 18,520.32 18,331.39
China Yuan CNY 1.00 2,110.39 2,089.52
Dolar Amerika Serikat USD 1.00 14,560.00 14,416.00
Dolar Australia AUD 1.00 10,018.74 9,918.21
Dolar Hong Kong HKD 1.00 1,854.97 1,836.55
Dolar Singapura SGD 1.00 10,569.11 10,463.82
EURO Spot Rate EUR 1.00 16,256.24 16,089.70
Ringgit Malaysia MYR 1.00 3,479.51 3,442.63
Yen Jepang JPY 100.00 13,170.51 13,036.72

Ringkasan BEI

No Name Today Change Stock
1 Composite Index 5939.636 -11.736 633
2 Agriculture 1361.492 -5.285 21
3 Mining 1632.926 8.116 47
4 Basic Industry and Chemicals 709.884 -2.252 71
5 Miscellanous Industry 1221.755 0.311 46
6 Consumer Goods 2360.716 -10.039 52
7 Cons., Property & Real Estate 441.767 0.269 76
8 Infrastruc., Utility & Trans. 1071.135 -9.732 74
9 Finance 1192.856 -1.238 90
10 Trade & Service 791.682 1.496 156
No Code Prev Close Change %
1 POOL 2,280 2,780 500 21.93
2 ARTA 400 486 86 21.50
3 JAYA 116 140 24 20.69
4 SKBM 372 446 74 19.89
5 ALDO 290 346 56 19.31
6 MTSM 166 198 32 19.28
7 INCF 266 312 46 17.29
8 DNAR 224 262 38 16.96
9 MASA 565 660 95 16.81
10 ALKA 338 390 52 15.38
No Code Prev Close Change %
1 POLA 1,250 940 -310 -24.80
2 POSA 398 300 -98 -24.62
3 SAPX 835 665 -170 -20.36
4 BELL 456 386 -70 -15.35
5 HITS 670 570 -100 -14.93
6 BBLD 500 442 -58 -11.60
7 DART 350 312 -38 -10.86
8 DEAL 795 710 -85 -10.69
9 CNTX 590 535 -55 -9.32
10 SOSS 396 360 -36 -9.09
No Code Prev Close Change %
1 BBRI 3,750 3,770 20 0.53
2 TLKM 3,600 3,540 -60 -1.67
3 MAMI 132 135 3 2.27
4 NUSA 58 59 1 1.72
5 JAYA 116 140 24 20.69
6 CPIN 4,410 4,460 50 1.13
7 MNCN 945 950 5 0.53
8 TAMU 4,800 4,810 10 0.21
9 BMRI 7,250 7,300 50 0.69
10 BBCA 27,300 27,300 0 0.00