Corporate

Grab and NUS launch joint AI lab to develop smart urban transport solutions for Southeast Asia

Grab has partnered NUS to launch an AI laboratory to develop solutions to transform urban transportation in Southeast Asia.

SAP Skills University Singapore to train ICT experts in Lion City

To build a talent pool of Information and Communications Technology (ICT) experts in Singapore, SAP today signed a Memorandum of...

Save expense receipts from work trips abroad to claim tax exemption

Be sure to save your expense and travel receipts from work trips abroad, warned the Indian tax authorities.

Jet Airways clarifies rumours that airline may be grounded in 60 days

India’s biggest full-service carrier Jet Airways reportedly told its pilots the airline may be grounded in 60 days, unless cost-cutting...

Singtel wins Telecom Asia Award for Best Mobile Carrier

Mobile service provider Singtel was named Asia’s Best Mobile Carrier at the recent Telecom Asia Awards 2018.

DBS posts 20 percent increase in Q2 profits

DBS said it benefited from rising local interest rates and fee income from its expanding wealth management operations.

Bank of Singapore to open wealth management subsidiary in Europe

Bank of Singapore has extended its wings in Europe as it has been granted an investment company license to operate a wealth management...

Sabanitha Shanmugasundram appointed as Head, Indian Audience in Mediacorp

Sabanitha Shanmugasundram has been appointed as the Head, Indian Audience for the media company Mediacorp. In addition to this, Oliver Chong...

Indian-American entrepreneurs recognised as Silicon Valley’s 2018 ‘Women of Influence’

Global Upside’s co-founder and COO Gita Bhargava and 10 other Indian American women entrepreneurs have been recognised as 2018’s most...

FWD Insurance partners DBS to launch e-claims payments via PayNow

Insurance company FWD has collaborated with DBS Bank (DBS) to provide electronic payment of claims via PayNow.

Singtel donates SGD10 million to Esplanade’s new waterfront theatre

Singtel announced on the weekend that it will contribute SGD10 million towards Esplanade – Theatres on the Bay’s development of a new...

IKEA takes environmental friendly decision to use only renewable and recycled materials by 2030

In its latest commitment to the environment, furniture retailer IKEA has planned to use only renewable and recycled materials in its...

World Bank sees India as fastest growing economy for next three years

The Indian economy will see a robust GDP growth of 7.3 per cent in 2018-19 and 7.5 per cent in 2019-20 for the next two years as “factors...

MMA calls for entries for 2018 SMARTIES Awards in Asia Pacific

The Mobile Marketing Association (MMA) yesterday issued a call for entries for the 2018 SMARTIES Awards in the Asia Pacific, encouraging...

Company’s name won’t be changed to Walkart: Walmart CEO

It’s official. Walmart has wrapped up its Flipkart acquisition for USD16 billion, a valuation of over USD20 billion, which makes it the...

Building Wealth in Modern India

The statistics are not in favour of financial reform in India, as 1.21 billion people live below the poverty line. While the number seems...

MAS issues advisory to financial institutions to stay vigilant against cybersecurity threats

Following recent reports of overseas cybersecurity threats, the Monetary Authority of Singapore has issued an advisory urging financial...

Amazon may buy Flipkart to capture India’s e-commerce market: Report

As the heat intensifies to capture India’s e-commerce market, there are reports that Amazon may submit a rival offer to buy the...

Shell goes green with plan to install solar panels at its Singapore units

To give a fillip to conservation of energy, Shell is planning to install solar panels at its petrol stations in Singapore and could also do...

Indian rideshare platform Ola expands Down Under

Following a successful launch in Perth last month, Indian ridesharing platform Ola is now officially operating in Sydney and has hired a...

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...

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...

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...

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...

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,...

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;...

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...

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...