Singapore Airlines Ltd (SIA) has announced the appointment of Mr. Chen Sy Yen as the new General Manager India with effect from 29 November 2020.
Category: Corporate
Grab-Singtel consortium’s digital bank to provide transparent financial services to underserved groups
The Grab-Singtel consortium aims to formally launch its digital bank focusing on serving consumers and small businesses in early 2022.
Exim Bank study released at India-CLMV Business Conclave 2020 focuses on regional infrastructure partnerships to enhance competitiveness
Consistent with the Indian government’s Act East Policy, India Export-Import (Exim) Bank’s study highlighted the need for infrastructure development and partnership in Cambodia, Myanmar, Laos and Vietnam (CLMV) to enhance regional competitiveness.
Chennai-based Lakshmi Vilas Bank merges with DBS unit
Chennai-headquartered Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India from November 27, 2020.
Non-bank financial institutions in Singapore can connect directly to PayNow and FAST from February 2021
NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to FAST and PayNow from next February.
Singapore Airlines raises SGD 850 million convertible bond with strong investor support
Singapore Airlines (SIA) successfully raised SGD 850 million via a convertible bond issue that has been placed with a variety of institutional investors.
British firms invested GBP 140 mn in India in 2020 despite pandemic: Report
The latest Confederation of Business Industry (CBI) and Ernst & Young Sterling Access’ report, which examines trade between the UK and India, found that despite trade disruptions caused by the COVID-19 pandemic, British firms from April to June this year continued to invest around GBP 140 million in
UK firms say it is easier to do business in India now: Survey
A survey revealed that nearly two-thirds of United Kingdom-based businesses operating in India believe it is getting easier to do business in the country, owing to progressive reforms and improvements in the availability of support and service providers, skilled labour, and supply chain.
US court asks ISRO’s commercial arm to pay USD 1.2 bn to Bengaluru startup
A United States court has asked Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), to pay compensation of USD 1.2 billion to a Bengaluru-based startup Devas Multimedia for cancelling a satellite deal in 2005.
DBS launches online tracking for cross-border payments in Asia’s first
More than 240,000 DBS corporate and SME clients in Singapore and Hong Kong will be the first to benefit from the service at no additional fee.
