DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.
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Singapore-based Zilingo makes three top appointments
Zilingo is a technology platform that powers the fashion supply chain and was founded in 2015 by Ankiti Bose and Dhruv Kapoor.
Budget 2020: FM clarifies only NRIs’ India income to be taxed
NRI News: Indian Finance Minister Nirmala Sitharaman announced in her Union Budget speech that NRIs who don’t pay taxes in a foreign country will now do so in India.
Pine Labs becomes first Indian unicorn of 2020 with Mastercard deal
Pine Labs, a point-of-sale and merchant commerce solution provider incorporated in Singapore, has become the first unicorn of 2020 from India after a deal with New York-based financial services major Mastercard.
IMF lowers Indian growth estimate for 2019, also cuts global growth rate
The International Monetary Fund (IMF) on Monday lowered the growth estimate for India to 4.8 per cent for 2019, a cut of 1.3 per cent in just three months. Stress in the non-bank financial sector and weak rural income growth were some of the major factors for the downward revision, it stated.
DBS launches QR-based payment solution for businesses
Paying suppliers and vendors with cash could soon be a thing of the past for Singapore’s 28,000 coffee shops, hawker centres and restaurants.
Bezos: Will export Indian goods worth USD 10 billion by 2025
Kicking off a two-day summit in New Delhi, Amazon Inc founder Jeff Bezos on Wednesday said his company will use its global footprint to export USD 10 billion worth of Make in India goods by 2025.
OYO lays off over 1,000 workers in ‘right-sizing’ drive
Indian hospitality unicorn OYO announced plans to downsize over 1,000 people in India and 600 in China as part of its restructuring and reorganisation of teams across businesses.
India curbs palm oil imports from Malaysia over their PM’s anti-CAA stance
Economic and diplomatic ties between India and Malaysia ties are likely to take a hit with New Delhi deciding to put curbs on palm oil imports from the South Asian country, reportedly following Malaysian Prime Minister Mahathir bin Mohamad’s comments criticising the Citizenship Amendment Act.
RuPay offering cashback offers on international transactions
In line with the push to globalise domestic e-payment services, the National Payments Corporation of India (NPCI) said on Thursday that it has launched global cashback offers for all its RuPay International (Debit/Credit) Card users.
