Business

Board of Jet Airways approves bank-led provisional resolution plan

To relieve the financial strain on one of India’s premier airlines, the Board of Jet Airways has approved a Bank-Led Provisional...

DBS’ reports record net profit for 2018 at SGD 5.63 billion

DBS Group has recorded a net profit of SGD 5.63 billion, a 28 percent increase.

SMEs still plagued by manpower issues and high cost of doing business in Singapore: DBS poll

Citing challenges such as manpower issues, high operational costs and growing business revenue, SMEs in Singapore are facing a difficult...

Singapore-based Temasek makes SGD51 million investment in Dr Agarwal’s Healthcare

Singapore-based global investment major Temasek has picked a minority stake in Chennai-based eyecare hospital Dr Agarwal’s Healthcare for...

SMEs to get funding support in upskilling of workers

“Small and medium-sized enterprises (SMEs) should send their workforce for upskilling," said Senior Minister of State for Trade and...

SICCI commits to helping Little India merchants digitalise

The Singapore Indian Chamber of Commerce & Industry (SICCI) is collaborating with various partners to help them leverage on technology to...

SICCI proposes Gujarat govt to set up SEZ for Singapore SMEs and MSMEs

Singapore Indian Chamber of Commerce & Industry (SICCI) has made a proposal to the Gujarat government for setting up a Special Economic Zone...

Facebook to set up operations in Singapore and Dublin to monitor election-related content

Facebook is setting up two new regional operations centres based out of its Singapore and Dublin offices to focus on monitoring...

Dyson headquarter moves to Singapore, highlighting importance of region

Dyson has decided to relocate its head office to Singapore, driven by a growing customer base in Asia.

Grab partners China's ZhongAn to create digital insurance in Southeast Asia

Users will be able to directly browse and pay for affordable insurance products through the Grab app, without going through an agent or...

Spotify makes deal with T-Series for Indian music

Swedish online music streaming service Spotify Inc, which has subscribers across the globe, has announced a tie-up with T-Series, one of the...

Singapore firm sues GrabTaxi Holdings over domain name dispute

The dispute was over an alleged agreement that the two companies had over the Indonesian Internet domain name, “grab.co.id”.

DBS property loans shrink 40-50% following cooling measures

Since the implementation of the property cooling measures last July, DBS property loans segment shrunk by 40 to 50 percent.

Singapore-based OxfordCaps to expand in different cities of India

Tapping the growing opportunities and demand in the student housing segment in India, Singapore-based OxfordCaps is planning to expand its...

Go-jek goes islandwide, with continued priority access for DBS customers

The decision to extend its services to the whole island was made “successful limited service rollout”, said Go-jek.

OCBC launches free online will writing service

OCBC Bank has launched a free online will writing service, the first of its kind in Singapore.

Singapore-based VivoHub partners Tata Communications for mobile services targeting Singapore’s migrant workers

For ensuring effective communications between Singapore’s migrant workers and their families back home, VivoHub, Singapore-based...

Grab invests in Indian hotel booking startup OYO: Source

Singapore-based ride-hailing firm Grab has reportedly invested SGD136.6 million in Indian hotel booking startup OYO.

Cross-border payments firm InstaRem secures over SGD27.4m Series C funding

Digital cross-border payments company InstaReM has secured a first close of more than USD20 million (SGD27.47 million) in its Series C...

Business sans borders to help in fostering SME digitalisation

MAS and IMDA are working together to create a cross-border innovation platform called Business sans Borders to enhance domestic and...

Singapore’s fintech journey is about innovation, inclusion and inspiration: Ravi Menon

“Singapore’s fintech journey is about innovation, inclusion and inspiration," said managing director of MAS, Ravi Menon, at the opening...

Hyundai invests another SGD342 million in Grab

The additional investment builds on Grab’s existing strategic partnership with Hyundai and brings Grab’s current fundraising to US$2.7...

DBS CEO Piyush Gupta says fears about US-Sino trade war "somewhat overblown" for now

The fears surrounding the impact of the United States-China trade war are “somewhat overblown” for now, said Piyush Gupta, Chief...

Singapore-based real estate portal PropertyGuru raises SGD200 million funding from KKR

For expanding its services, Singapore-based real estate portal PropertyGuru has secured an investment of SGD200 million from private equity...

Singapore urges New Delhi to start more flights to boost business

Singapore has urged New Delhi to start more flights between Singapore and cities in northern India to increase the flow of business...