Singapore’s early removal of travel restrictions compared to other locations in Asia sparked a rise in demand for travel to the city, contributing to its rise to become the second most expensive location in the region for business travel.
Category: Corporate
Indian-origin Starbucks CEO Laxman Narasimhan facing strikes during first week in charge
Laxman Narasimhan, the new Indian-origin CEO of coffee franchise Starbucks, is facing strikes from baristas at about 100 cafes, demanding that the company drop its alleged anti-union coercion.
Sustainability seminar for SIA group employees kicks off
Employees from across the Singapore Airlines (SIA) Group will participate in a three-day long sustainability-themed global learning festival this week, supporting the Group’s commitment towards a lifelong learning culture for its people.
ICICI Bank veteran Anup Bagchi to take over as MD, CEO of insurance arm
Private sector life insurer ICICI Prudential Life Insurance will see a change of guard as N S Kannan, the current managing director (MD) and chief executive officer (CEO), will superannuate from his services after the completion of his term in June 2023.
Indian startups had USD 1 billion deposits in SVB: Rajeev Chandrashekhar
According to Deputy IT Minister Rajeev Chandrashekhar, Indian startups had deposits worth about USD 1 billion with embattled Silicon Valley Bank and he claimed he had suggested that local banks lend more to them going ahead.
ICC, NIUM announce Global Hackathon for digital cricket viewing
Taking advantage of cricket enthusiasm in Singapore, the International Cricket Council (ICC) and global platform for on-demand money movement Nium announced the first ever ‘Next In’ global hackathon.
Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors.
Adani group seeks to regain investors’ trust after Hindenburg bump
The Adani group yesterday began a three-day road show in Singapore and Hong Kong with its bondholders in a bid to win back their trust after the damaging Hindenburg report sparked a month-long rout of its shares on the stock market.
SpaceX postpones new rocket launch at last minute
A SpaceX Falcon 9 rocket launch to the International Space Station was postponed yesterday, with officials citing problems with ground systems.
Indian American techie Neal Mohan to take over as YouTube CEO
YouTube Chief Executive Officer Susan Wojcicki will be stepping down after nine years at the helm of the world’s largest online video platform, she said in a blog post today.
