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News and Events

Grab, Uber Fined $9.5 Million by Singapore's Competition Watchdog

Body also ordered Grab to revert to its pre-merger pricing

Singapore’s competition body has fined Grab and Uber a total of $9.5 million for its merger, saying the deal “has led to a substantial lessening of competition in the provision of ride-hailing platform services” in the city-state.Related story: Singapore Proposes Fines on ...

by Paul John Caña  | September 24, 2018 12:00:00
Run & Grow

6 Ways Healthy Office Competition Builds Teams and Improves Productivity

Done well, competition within your company can dramatically improve success

Competition within companies is a controversial topic. Some argue it increases output, while others say it creates a negative, cutthroat culture.Both arguments are valid, but there's not a single right answer. Certain businesses create a cutthroat culture and promote it, while others ...

by John Rampton  | August 08, 2018 06:00:00
News and Events

Singapore Proposes Fines on Grab, Uber for Violating Competition Laws

The city-state's competition authority warns it may move to undo the merger if anti-trust concerns are not addressed

Singapore’s antitrust body has proposed fines against ride-sharing giants Uber and Grab after finding that the company’s merger substantially lessened competition in the city-state. It also warned it may move to undo the merger.The Competition and Consumer Commission of Singapore (CCCS) released ...

by Paul John Caña  | July 05, 2018 08:00:00
Run & Grow

How You Can Win the 'David and Goliath' Battle With Big Brands

Small businesses are using street smarts and creativity to stay in the game against major corporations

Amazon, Microsoft, Google. Is it possible to play in the same spaces these big names already occupy and still keep your company in it to win it?Believe it or not, it is. The internet, big data and the gig economy have lowered the ...

by Chirag Kulkarni  | May 06, 2018 06:00:00
Run & Grow

Don't Study the Competition. Study Winners in Other Industries

Studying the competition leads to failure

You shouldn't pay any attention to your competition. I don't. I work withentrepreneurs who are generating seven, eight and even nine figures with their businesses and none of them focus on the competition either. They are aware of the competition, but they aren't worried ...

by Bedros Keuilian  | May 04, 2018 02:00:00
News and Events

12 Young Business Founders in Final Race for PH’s Best Student Entrepreneur Award

Winner gets $1,000 and will represent the country in the global competition in Canada this April

Twelve young business owners and founders are vying for the Philippines’ best student entrepreneur award on February 10, according to the Philippine chapter of Entrepreneurs' Organization (EO), a global business network, which is organizing the contest.The winner of the local contest will ...

by Entrepreneur Staff  | February 07, 2018 06:00:00
Startup Tips

From Startup Weekend to Cebu's Streets: How to Turn a Business Pitch to a Sustainable Venture

Advice on leveraging business competitions to build lasting enterprises from the founder of a taxi-hailing startup

Over six years ago, in November 2012, I signed up for Startup Weekend Cebu on a whim, not knowing the competition would change my life as a Filipino entrepreneur. For those unfamiliar with Startup Weekend, it’s a 48-hour competition that involves attendees ...

by Eddie Ybañez  | February 07, 2018 11:00:00
News and Events

Now that Sy Family Owns Goldilocks, Will Red Ribbon and Other Bakery Chains Have a Fighting Chance in SM Malls?

SM Group vows fair treatment of Goldilocks’ rivals but regulators will keep watch for 5 years to make sure

The Philippine Competition Commission (PCC) has approved the takeover by SM Retail Inc. (SMRI), a unit of the property and retailing giant SM Group, of bakeshop and restaurant chain Goldilocks Bakeshop Inc., the government agency announced in a statement issued January 9.The ...

by Elyssa Christine Lopez  | January 10, 2018 06:00:00
Run & Grow

5 Ways to Dominate Your Competition

There are many ways a scrappy startup can outshine other businesses

You need to be aware of your competition, because they're trying to take your market share, but the key to domination is to focus on your business and the things that differentiate you from them. Most businesses struggle and fail because they try ...

by Bedros Keuilian  | December 09, 2017 08:00:00
Run & Grow

5 Ways to Promote Healthy Competition

Competition can be a catalyst for innovation and improvement

At a business event we hosted, a teamwork consultant was making a presentation about his company and the work that he did. To illustrate his theory on collaboration and teamwork, he asked the audience to participate in an exercise involving, of all things, thumb ...

by Doug and Polly White  | April 16, 2017 08:00:00
Run & Grow

How to Compete with Big Corporations and Win

It's not as impossible as you might think

Waiting around to come up with the perfect idea or opportunity to compete with the big corporations? Turns out that the public would rather work with you than the big guys.According to 2015 data from the Public Affairs Pulse survey, on What Americans ...

by Sujan Patel  | December 08, 2016 12:00:00
Startup Tips

Inside the competitive mind of billionaire Mark Zuckerberg (Infographic)

Here's how Facebook CEO Mark Zuckerberg probably thinks about competition.

Fierce competitors: born or made? There's plenty of evidence to suggest that some individuals are just hard-wired that way.People with higher levels of testosterone (associated with dominance) and low levels of cortisol (stress) typically participate in riskier behaviors and remain "calm, cool ...

by Jennifer Wang  | August 30, 2015 09:00:00
Run & Grow

10 ways competition can improve your business

Are you in search for positive ways to handle tough competition? These 10 tips will do.

Successful entrepreneurs thrive under competitive pressures. Instead of viewing competition as an obstacle, they see it as an opportunity.Competition is good. In fact, a healthy rivalry challenges you to work smarter with the resources you have. To do so, leverage your team’s ...

by Firas Kittaneh  | August 20, 2015 03:00:00