For makeover of Singapore’s financial system, Indian-origin managing director of the Monetary Authority of Singapore (MAS), Ravi Menon has been named Central Banker of the Year in Asia Pacific by a UK based financial magazine The Banker.
Category: Business
Singapore-based fintech firm InstaReM aims for 600 per cent growth
An Indian fintech start-up headquartered in Singapore, InstaReM aims to grow 600 per cent in the financial year 2018-19. The company offers a platform for international money transfers to individuals and businesses.
Singapore SMEs to have stronger sales and profit in first six months of new year
As Singapore’s economy improves, there is good news for the small-and-medium enterprises (SMEs) in the new year as they expect stronger sales and profits from January to June in 2018, according to a survey conducted by Singapore Business Federation (SBF) – DP Information Group SME Index.
Walmart stops sale of Indian Lord Ganesh doll after 24 hours of Hindu protest
Multinational retail corporation Walmart has stopped the sale of ‘Ganesh Plush Doll’, the Indian Lord Ganesh, from its portal Walmart.com within less than 24 hours after Hindus protested while calling it “highly inappropriate”
Value of Big B’s bitcoin investment jumps from USD250,000 to USD17 million
Over the last two years, a USD250,000 worth of investment made by the Big B and his son Abhishek Bachchan in a Singaporean firm has now increased to a whopping USD17.5 million in value.
Shopmatic, Asia-Pacific MSME Trade Coalition to support emerging businesses in India, China markets
Singapore-based e-commerce company Shopmatic announced a strategic partnership with the Asia-Pacific MSME Trade Coalition (AMTC) aimed at extending e-commerce services and technological capabilities in various markets across Asia.
Indian energy firm Adani cancels mining contract with Aussie company
Adani yesterday said it has cancelled a USD2.6 billion contract with Australian mining services company Downer as part of a cost-cutting drive.
Amazon launches Prime membership in Singapore to attract customers
To expand its base, global e-commerce giant Amazon launched its Prime membership programme in Singapore today. Members will enjoy a host of facilities, including access to video streaming via amazon prime singapore and free gaming services such as Twitch Prime.
Singtel teams up with bike-sharing firm Mobike for easier payment options, analytics, IoT
Singapore’s communications giant Singtel Group today signed a memorandum of understanding (MoU) with smart bike-sharing company Mobike, covering mobile payments, Internet of Things (IoT), data analytics and marketing across Asia.
Connected to India on-boards TV veteran Punam Sharrma as co-founder and head of content
Singapore-headquartered online media company Connected to India has inducted experienced journalist and a 20-year veteran of television industry Punam Sharrma as the co-founder and head of content.