Corporate

DBS India recognised as 'India's Best International Bank 2021' by Asiamoney

DBS India announced that it has been named 'India's Best International Bank' by Asiamoney, a financial publication of Euromoney...

Singapore Airlines, CapitaLand launch new rewards partnership scheme

Singapore Airlines and real estate firm CapitaLand today embarked on a new rewards partnership scheme, beginning with the launch of a...

Singapore has highest proportion of salaried ultra-rich people in the world: Knight Frank Survey

According to a survey by property consultants Knight Frank, Singapore has the highest population of salaried ultra-high net worth...

Industry veteran Sudesh Iyer picks up strategic equity stake in Singapore headquartered Vistas Media Capital

The strategic equity stake in VMC by Sudesh Iyer is key to the company’s big plans to increase its investments into India in the media and...

Singapore ridesharing service Grab in talks to go public in SGD 53 bn deal: Media reports

According to media reports, Singapore ridesharing company Grab Holdings Inc is in talks to go public through a merger with a special purpose...

HealthPlix raises USD 13.5 million in Series B funding led by Lightspeed

Health-tech start-up HealthPlix Technologies has raised USD13.5 million as part of its ongoing Series B funding led by Lightspeed, with...

Vistas Media Capital-led SPAC announces merger with Middle East music streaming platform Anghami

The merger will make Anghami the first Middle East technology company to be listed on NASDAQ.

Singapore economy needs 1.2 mn digitally skilled workers by 2025, says survey

Singapore's economy will need another 1.2 million digitally skilled workers by 2025 and this would be a 55 per cent jump from the present...

SpiceXpress commences air freight operations to Singapore

Indian Budget carrier SpiceJet's freighter division SpiceXpress has launched its scheduled cargo services to Singapore, connecting Mumbai,...

Elon Musk loses over USD 4 billion, Jeff Bezos back to being the richest in the world again

The Bloomberg Billionaires Index, which ranks the world’s 500 wealthiest people, once again has Bezos at the top with a net worth of USD...

Singapore firm launches plan to build SGD 1.32-bn medicity in India's Puducherry

Velli Ventures, a Singapore-based company with offices in the United States, announced plans to construct a medicity in Puducherry, India.

Jeff Bezos steps down as Amazon CEO, Andy Jassy named as his replacement

Amazon, which is the world’s largest online retailer, was started by Bezos 27 years ago as an online bookseller.

Singapore Airlines offers one-stop COVID-19 testing service to passengers

Some Singapore Airlines (SIA) and SilkAir passengers can now avail of pre-departure COVID-19 testing with the launch of a new one-stop...

Singapore-based IT firm proposes SGD 199 mn investment to open data centre in Noida

Singapore-based ST Telemedia Global Data Centres (STT GDC) India has proposed to develop a Greenfield Data Centre Campus in Noida to boost...

Singapore Airlines raises USD 500 million in US dollar bond issue

Singapore Airlines has raised USD 500 million in its first US dollar bond issue which the company will use to buy new aircraft as the global...

Singapore Exchange announces new regulations for auditors, property valuers

Singapore Exchange's regulatory unit announced it will tighten requirements for listed company auditors and raise standards on valuation...

Elon Musk becomes the world’s wealthiest person

Musk’s fortunes are now reportedly estimated at over USD 180 billion.

Indian-American Satya Nadella, Paytm founder Vijay Shekhar Sharma to invest in US T20 cricket league

Following Shah Rukh Khan, Paytm’s founder Vijay Shekhar Sharma and Microsoft’s Indian-origin CEO Satya Nadella have become angel...

Grab-Singtel consortium's digital bank to provide transparent financial services to underserved groups

The Grab-Singtel consortium aims to formally launch its digital bank focusing on serving consumers and small businesses in early 2022.

Exim Bank study released at India-CLMV Business Conclave 2020 focuses on regional infrastructure partnerships to enhance competitiveness

Consistent with the Indian government's Act East Policy, India Export-Import (Exim) Bank's study highlighted the need for infrastructure...

Chennai-based Lakshmi Vilas Bank merges with DBS unit

Chennai-headquartered Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India from November 27, 2020.

Non-bank financial institutions in Singapore can connect directly to PayNow and FAST from February 2021

NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to FAST and PayNow...

Singapore Airlines raises SGD 850 million convertible bond with strong investor support

Singapore Airlines (SIA) successfully raised SGD 850 million via a convertible bond issue that has been placed with a variety of...

British firms invested GBP 140 mn in India in 2020 despite pandemic: Report

The latest Confederation of Business Industry (CBI) and Ernst & Young Sterling Access' report, which examines trade between the UK and...

Luxury homes worth INR 500 crore sold in South-Central Mumbai in October: Report

Beginning the festive quarter on a distinct upbeat note, South-Central Mumbai localities witnessed luxury home sales worth INR 500 crore...

UK firms say it is easier to do business in India now: Survey

A survey revealed that nearly two-thirds of United Kingdom-based businesses operating in India believe it is getting easier to do business...

US court asks ISRO's commercial arm to pay USD 1.2 bn to Bengaluru startup

A United States court has asked Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), to pay compensation...

DBS launches online tracking for cross-border payments in Asia's first

More than 240,000 DBS corporate and SME clients in Singapore and Hong Kong will be the first to benefit from the service at no additional...

DBS named safest bank in Asia for 12th year running

DBS has been named the "Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance.

Google announces "end of office" with Google Workspace

Google Cloud has announced Google Workspace, which brings together messaging, meetings, docs, and tasks in an integrated experience.