Business

Singtel to buy SGD730 million of Airtel shares as competition soars in India

To shore up the balance sheet of Indian telecom operator Airtel, Singtel will buy roughly SGD730 million (INR37.5 billion) worth of Bharti...

22 Singaporeans in Forbes Billionaire list 2019; Mukesh Ambani 13th, Bezos tops

“Even the wealthiest are not immune to economic forces and weak stock markets,” stated the magazine which released its ‘Billionaires -...

Grab continues to see strong interest from global investors post-SGD6.1 billion funding round

Singapore-based ride hailing firm Grab is looking to raise more funds from strategic investors after receiving over SGD6.1 billion in the...

DBS launches wholly-owned subsidiary in India to accelerate expansion

Singapore-headquartered DBS Bank has launched its locally incorporated wholly owned subsidiary, DBS Bank India Limited (DBIL), on Monday,...

ZEE5, Apigate team up with mobile carrier Celcom to boost Malaysian presence

In its ongoing campaign to launch Indian content across South-East Asia, multi-lingual digital entertainment platform ZEE5 announced a...

DBS new digital platform simplifies investments for first-time investors

Launched on Monday, February 25, for Treasures members, DigiPortfolio features an automated process allowing investors to buy their...

Gojek to provide payout to drivers on prolonged medical leave

Gojek has partnered Gigacover, a Singapore-based insurance technology company focused protecting freelancers, to launch an insurance scheme...

Singapore now India’s top FDI source, overtakes Mauritius

The Singapore-India story is now creating a new historical chapter. FDI in equity from Singapore jumped 41% in the April-December period to...

Gautam Banerjee among business leaders appointed as NUS Pro-Chancellors

The National University of Singapore (NUS) today has appointed Indian origin business leader Mr Gautam Banerjee as one of the...

Singapore startups get chance to win SGD12,000 grant at ‘The Island Exchange’

Singapore is the country for startups. Multitudes of funding options, government grants, business chambers like SICCI forever out to support...

Creating an Online Singaporean Business from the Ground Up: Tips and Tricks

Singapore has quickly come to represent an economic powerhouse in recent years. Due in no small part to a burgeoning economy as well as...

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...

Western Union partners with Travelex to expand money transfer services in Singapore

Western Union is collaborating with Travelex for sending money to family and loved ones from Singapore to more than 200 countries...

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.