Corporate

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...

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...

OCBC launches free online will writing service

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

Cross-border payments firm InstaRem secures over SGD27.4m Series C funding

Digital cross-border payments company InstaReM has secured a first close of more than USD20 million (SGD27.47 million) in its Series C...

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.

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...

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...

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.

Singapore’s fintech journey is about innovation, inclusion and inspiration: Ravi Menon

“Singapore’s fintech journey is about innovation, inclusion and inspiration," said managing director of MAS, Ravi Menon, at the opening...

DBS CEO Piyush Gupta says fears about US-Sino trade war "somewhat overblown" for now

The fears surrounding the impact of the United States-China trade war are “somewhat overblown” for now, said Piyush Gupta, Chief...

Singapore-based real estate portal PropertyGuru raises SGD200 million funding from KKR

For expanding its services, Singapore-based real estate portal PropertyGuru has secured an investment of SGD200 million from private equity...

Singapore urges New Delhi to start more flights to boost business

Singapore has urged New Delhi to start more flights between Singapore and cities in northern India to increase the flow of business...

Royal DSM recognised for efforts in sustainability in Top Green Companies in Asia award

Royal DSM has been awarded the Top Green Companies in Asia Award at the 2018 Asia Corporate Excellence & Sustainability (ACES) Awards.

ComfortDelGro partners Finnish start-up to launch 'Netflix of transport'

ComfortDelGro Corporation has partnered Finnish startup MaaS Global to launch “WHIM”, a multi-modal transport app.

Flipkart Internet gets SGD 655 mn fund infusion from Singapore ahead of Diwali season

Flipkart Internet, the online marketplace arm of the Walmart-backed company in India, has received an over SGD655-million (INR3,462-crore)...

SBI plans to tap India-Singapore remittance corridor worth SGD1.16 billion

State Bank of India is one of the largest banks of the nation and also caters to thousands of overseas Indians living in different parts of...

SEBI panel suggests relaxing FPI norms against NRIs, overseas Indian-backed funds

In a move that is set to bring major relief to foreign fund owners, a Securities and Exchange Board of India (SEBI) appointed panel has...

Singapore’s Temasek to invest USD400 million in NIIF for boosting infrastructure in India

To boost infrastructure financing in India, Singapore-based Temasek has agreed to invest as much as USD400 million (SGD550 million) in the...

Grab's revenue expected to double in 2019

Grab's co-founder Hooi Ling Tan said it is on track to raise US$3 billion of funding before the end of this year.

OCBC apologises for software failure that caused outage for 3-4 hours

OCBC said the incident was due to a software failure that was not detected "due to a human oversight".

Indian airlines expected to lose up to S$2.6 billion this year

Indian airlines have completely lost pricing power as a result of the rapid influx of capacity.

India’s aviation sector hit by cheap tickets, high oil prices and declining rupee

Experts have warned that churning out cheap tickets and an over-reliance on favourable fuel pricing are unsustainable in the long run.

Singapore’s GIC acquires minority stake in Indian realty firm Provenance Land

​Taking advantage of the push for investment into India and economic partnership with Singapore, the city-state’s sovereign wealth fund...

SPH Group appoints Connected to India as advertising sales representative for tabla! in India and the Middle East

Singapore’s largest publishing company Singapore Press Holdings (SPH) has appointed online media company Connected to India to sell...

Remitly updates Indian market services, signs R Madhavan as Brand Ambassador

Continuing its international expansion efforts to bring its service to more overseas Indian communities worldwide, Remitly, a private...