
Singapore banks struggle with bond yield and interest rate tensions
By Katherine Langford
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Startups Grab to cut maximum take on Vietnam rides to 32% from 40% Move follows Indonesia commission cap; fee cuts and incentives to cost $115 million A Grab driver in Ho Chi Minh City is pictured during a two-day boycott in September, when drivers protested fees charged by the ride-hailing platform. © Getty Images LIEN HOANG November 6, 2026 15:59 JST HO CHI MINH CITY -- Singapore-based ride-hailing operator Grab will cut its maximum take from rides in Vietnam to 32% of fares from around 40%, the country's antimonopoly regulator said, following a review prompted by complaints from drivers. Read Next Technology Grab eyes more AI investment after Taiwan deal blocked Transportation GoTo's ride-hailing earnings drop on Indonesia driver commission cap Food & Beverage Grab, Foodpanda heat up grocery delivery war in Singapore Food & Beverage Vietnam to revise food safety law, reining in delivery apps like Shopee, Grab Electric vehicles VinFast taxi affiliate launches first overseas motorbike service in Jakarta Electric vehicles VinFast-powered taxis enter India in Vietnamese firm's debut beyond ASEAN Food & Beverage Taiwan regulator blocks Grab purchase of Foodpanda delivery business Latest on Startups Startups Japan's private-share market gathers pace with new trading platform Startups Fukushima tries to reinvent itself as hub for drones, robots and rockets Startups Singapore's Insignia Ventures backs rural Japan for Davos-inspired academy Sponsored Content About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.