Following a successful launch in Perth last month, Indian ridesharing platform Ola is now officially operating in Sydney and has hired a local team to build partnerships and support driver-partners.
Category: Corporate
Standard Chartered hires Indian MD as part of NRI market expansion
Standard Chartered Private Bank in Singapore has recruited a Non-Resident Indian (NRI) as the new managing director. Nakul Beri, an experienced banker, shifted to Standard Chartered earlier this month, according to his public profile.
Singapore Saving Bonds issue limit of SGD50,000 to be removed from today
The Monetary Authority of Singapore (MAS) made the announcement that the SGD50,000 issue limit for Singapore Savings Bonds (SSB) will be removed from today onwards.
Indian fintech start-ups converge in Mumbai as UK firms look to invest, share knowhow
Fintech start-ups from India converged in the financial capital Mumbai on Tuesday, joined by financial technology firms from UK looking for opportunities to invest and share their expertise with the Indian counterparts.
Singapore competition commission to further investigate Uber, ComfortDelGro tie-up
The Competition Commission of Singapore (CCS) said yesterday it plans to do further in-depth assessment of the tie-up between the city-state’s top taxi operator, ComfortDelGro, and Uber, after an initial review.
SGX to launch new products to succeed Nifty derivatives by August
The Singapore Exchange (SGX) announced today that it will list successor products to its SGX Nifty family of products before August 2018, when its license agreement with Indian bourses expires.
Mumbai is host to most expensive average rents for expatriates in India: Lee Quane
Following the report by ECA International about Singapore dropping down the rankings of cities with most expensive accommodation in Asia; wherein Mumbai continues to climb up the rankings.
OCBC net profit touches SGD4.15 billion in 2017
Singapore’s second-largest lender, Oversea-Chinese Banking Corporation (OCBC) reported a net profit of SGD4.15 billion in 2017, which is about 19 per cent higher than the previous year.
SGX plummets after Indian bourses’ decision to stop licensing data to foreign exchanges
Last week’s decision by India’s three main bourses to stop licensing products and data to foreign exchanges caused shares in Singapore Exchange Ltd (SGX) to plummet 8 per cent in early trade today.
DBS Group net profit touches SGD1.22 billion, up 33% in Q4
Singapore’s biggest lender, DBS Group Holdings has shown a remarkable performance as its net profit reached a new quarterly record of SGD1.22 billion (USD905.3 million), which is a 33 per cent increase from a year ago.
