Business

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...

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...

Royal DSM recognised for efforts in sustainability in Top Green Companies in Asia award

Royal DSM has been awarded the Top Green Companies in Asia Award at the 2018 Asia Corporate Excellence & Sustainability (ACES) Awards.

ComfortDelGro partners Finnish start-up to launch 'Netflix of transport'

ComfortDelGro Corporation has partnered Finnish startup MaaS Global to launch “WHIM”, a multi-modal transport app.

Microsoft invests in Grab with tech-focused partnership

Microsoft will be partnering Grab in a strategic agreement to transform the delivery of digital services and mobility in the Southeast Asia...

Flipkart Internet gets SGD 655 mn fund infusion from Singapore ahead of Diwali season

Flipkart Internet, the online marketplace arm of the Walmart-backed company in India, has received an over SGD655-million (INR3,462-crore)...

SEBI panel suggests relaxing FPI norms against NRIs, overseas Indian-backed funds

In a move that is set to bring major relief to foreign fund owners, a Securities and Exchange Board of India (SEBI) appointed panel has...

Singapore’s Temasek to invest USD400 million in NIIF for boosting infrastructure in India

To boost infrastructure financing in India, Singapore-based Temasek has agreed to invest as much as USD400 million (SGD550 million) in the...

Grab's revenue expected to double in 2019

Grab's co-founder Hooi Ling Tan said it is on track to raise US$3 billion of funding before the end of this year.

OCBC apologises for software failure that caused outage for 3-4 hours

OCBC said the incident was due to a software failure that was not detected "due to a human oversight".

Indian airlines expected to lose up to S$2.6 billion this year

Indian airlines have completely lost pricing power as a result of the rapid influx of capacity.