
Heavy Rains Continue to Strike Southeast Asia After Typhoon
Northeast Asia is currently grappling with the aftermath of a devastating typhoon that has left significant destruction and claimed many lives. As a result of the storm, heavy rains continue to accumulate in areas already affected by severe weather. Experts predict that rainfall amounts will rise dramatically, which could lead to further flooding and landslides. Local authorities are actively preparing for additional threats, including the evacuation of residents from the most vulnerable areas.
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Goto Exits Tough Vietnam Market to Focus on Profitability
Goto, one of the major players in the ride-hailing app market in Southeast Asia, has decided to scale back its operations in Vietnam, where it is facing fierce competition and economic challenges. This decision is aimed at helping the company concentrate on achieving profitability—a crucial step following their recent IPO, which fell short of analysts' expectations.
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