Corporate

Jet Airways chairman resigns amid airline's financial woes

India's private Jet Airways Chairman Naresh Goyal has stepped down from his position.

NTU goes cloud for its digital transformation agenda

NTU Singapore has adopted cloud-based enterprise technology as part of its digital transformation efforts for its administrative processes.

Singapore now India’s top FDI source, overtakes Mauritius

The Singapore-India story is now creating a new historical chapter. FDI in equity from Singapore jumped 41% in the April-December period to...

Singapore-based private equity firms investing heavily in India’s real estate sector

With funding from Indian banks and non-banking financial companies drying up in the real estate sector, Singapore-based investors are...

Singapore sovereign wealth fund GIC reduces stake in India’s DLF

Singapore government’s sovereign wealth fund GIC reduced its equity stake in DLF, the largest homegrown real estate developer in India.

Uber launches new APAC headquarters in Singapore

Despite not having immediate plans for activities in Singapore, Uber has no plans to relocate its Asia Pacific (APAC) regional hub.

Singapore-based InstaRem announces close of USD41 million Series C funding round

InstaReM, a Southeast Asia-based digital cross-border payments company, has announced the close of its SGD55.4 million (USD41 million)...

Positive outlook for Singapore banks as investors show interest from flight-to-quality angle

The outlook for Singapore's banking sector remains positive, with significant interest among Malaysian investors.

Global investments in Indian start ups cross 11.5 billion mark

The global investment flows into the Indian start ups has crossed 11.5 billion US dollars, underscoring the growing confidence of investors...

India-based Affle acquires Singapore’s Shoffr

India-based consumer intelligence company Affle has acquired Singapore-based online to offline (O2O) platform Shoffr in a cash-and-stock...

Google Cloud hires Indian origin Oracle veteran for top role

Indian origin Oracle veteran Amit Zavery has been appointed by Alphabet Inc's Google Cloud to lead one of its engineering teams.

Singtel to buy SGD730 million of Airtel shares as competition soars in India

To shore up the balance sheet of Indian telecom operator Airtel, Singtel will buy roughly SGD730 million (INR37.5 billion) worth of Bharti...

22 Singaporeans in Forbes Billionaire list 2019; Mukesh Ambani 13th, Bezos tops

“Even the wealthiest are not immune to economic forces and weak stock markets,” stated the magazine which released its ‘Billionaires -...

ZEE5, Apigate team up with mobile carrier Celcom to boost Malaysian presence

In its ongoing campaign to launch Indian content across South-East Asia, multi-lingual digital entertainment platform ZEE5 announced a...

DBS new digital platform simplifies investments for first-time investors

Launched on Monday, February 25, for Treasures members, DigiPortfolio features an automated process allowing investors to buy their...

Gautam Banerjee among business leaders appointed as NUS Pro-Chancellors

The National University of Singapore (NUS) today has appointed Indian origin business leader Mr Gautam Banerjee as one of the...

Board of Jet Airways approves bank-led provisional resolution plan

To relieve the financial strain on one of India’s premier airlines, the Board of Jet Airways has approved a Bank-Led Provisional...

DBS’ reports record net profit for 2018 at SGD 5.63 billion

DBS Group has recorded a net profit of SGD 5.63 billion, a 28 percent increase.

Singapore-based Temasek makes SGD51 million investment in Dr Agarwal’s Healthcare

Singapore-based global investment major Temasek has picked a minority stake in Chennai-based eyecare hospital Dr Agarwal’s Healthcare for...

Facebook to set up operations in Singapore and Dublin to monitor election-related content

Facebook is setting up two new regional operations centres based out of its Singapore and Dublin offices to focus on monitoring...

Western Union partners with Travelex to expand money transfer services in Singapore

Western Union is collaborating with Travelex for sending money to family and loved ones from Singapore to more than 200 countries...

Dyson headquarter moves to Singapore, highlighting importance of region

Dyson has decided to relocate its head office to Singapore, driven by a growing customer base in Asia.

Spotify makes deal with T-Series for Indian music

Swedish online music streaming service Spotify Inc, which has subscribers across the globe, has announced a tie-up with T-Series, one of the...

DBS property loans shrink 40-50% following cooling measures

Since the implementation of the property cooling measures last July, DBS property loans segment shrunk by 40 to 50 percent.

Singapore-based OxfordCaps to expand in different cities of India

Tapping the growing opportunities and demand in the student housing segment in India, Singapore-based OxfordCaps is planning to expand its...

OCBC launches free online will writing service

OCBC Bank has launched a free online will writing service, the first of its kind in Singapore.

Singapore-based VivoHub partners Tata Communications for mobile services targeting Singapore’s migrant workers

For ensuring effective communications between Singapore’s migrant workers and their families back home, VivoHub, Singapore-based...

Grab invests in Indian hotel booking startup OYO: Source

Singapore-based ride-hailing firm Grab has reportedly invested SGD136.6 million in Indian hotel booking startup OYO.