Focus Story

NIUM launches digital cross-border payments in Indonesia

NIUM’s digital money transfer service will enable consumers and enterprises in Indonesia to send money to over sixty destinations...

DBS reports record total income at 13% increase in 2019 Q3

DBS reported a strong operating performance in the third quarter of 2019, with its total income increasing 13 per cent to a new high of SGD...

Parenting platform theAsianparent closes 7-figure series C funding

Southeast Asian parenting platform theAsianparent has closed a seven-figure Series C2 funding from new strategic investors Mirae Asset...

Salaries in India to rise higher than in Singapore, China: Report

According to a survey, salaries in India are projected to rise by 10% in 2020, the highest in the Asia Pacific region.

Vistara launches drive to expand its fleet

Tata Sons and Singapore Airlines’ joint venture airline Vistara announced plans to nearly double its fleet size from 22 aircraft to 42 by...

Singapore’s Qoo10 acquires Indian e-commerce vendor ShopClues stock in merger

India-based e-commerce vendor ShopClues on Thursday announced its merger with Singapore-based platform Qoo10

OCIs now eligible to enroll in Indian pension scheme, says Finance Ministry

The Indian Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday that an Overseas Citizen of India (OCI) can enroll...

India should follow Singapore model, do away with multiple GST slabs: Experts

Several experts have suggested that India should do away with multiple tax slabs under the Goods and Services Tax (GST) for greater ease of...

Three Indian-origin executives in Harvard Business Review’s top 10 CEOs list

The list, which features 100 CEOs, is topped by American technology company NVIDIA's CEO Jensen Huang.

India in talks with Singapore, UAE to expand UPI system

Planning a leap forward for India's Unified Payments Interface (UPI), the fund transfer system could soon be used in the United Arab...

India moves up World Bank Ease of Doing Business ranking; Singapore second

India moved up 14 ranks in the World Bank’s Ease of Doing Business 2020 survey to stand at 63 among 190 countries, making it one of the...

Kerala CM reveals plans for diaspora bonds to spur NRI investment

Kerala Chief Minister Pinarayi Vijayan has said that the state government is planning to float diaspora bonds to source NRI investments to...

PayPal, MoneyGram looking to raise stake in Indian remittance market

Online payments firms PayPal and MoneyGram are planning to raise their share in the remittance market in India, according to media reports.

Singapore new destination for deposit outflows from Hong Kong

According to a Goldman Sachs estimate, Hong Kong (HK) may have lost as much as USD 4 billion in deposits to rival financial hub Singapore...

DLF settles payment to joint venture with Singapore's GIC

DLF Ltd said it has settled the entire SGD 1.7 billion (INR 8,700 crore) dues payable to DLF Cyber City Developers Limited (DCCDL), its...

Top Vodafone officials to meet Modi on September 30

Vodafone Group, the parent company of India-based Vodafone Idea, has scheduled a meeting between its chairman Gerard Kleisterlee and CEO...

Indian government to form panel for merger of NRI, FPI routes

The Indian government is planning to form a high-level panel to look into the merger of NRI investment and Foreign Portfolio Investment...

Singapore 2nd, India moves up in world economic freedom index

Despite an economic slowdown, India jumped 17 spots on the Global Economic Freedom index from last year’s 96th spot to the current ranking...

US discount brokerage company Charles Schwab to shut down Singapore office

American discount brokerage company Charles Schwab Corp has announced the closure of its Singapore office less than two years after opening...