Focus Story

#BusinessNews

Singapore becomes cruise capital of the world in COVID-hit year: STB

Singapore News: According to the Singapore Tourism Board (STB), Singapore currently accounts for a third of the world's cruises, owing to...

Singapore

Singapore Airlines to partner up with Salesforce to revamp customer case and knowledge management system

Singapore News: Singapore Airlines (SIA) has selected customer relationship management (CRM) firm Salesforce to develop and implement a new...

Singapore

Singapore government announces waiver on foreign workers' levies during stay-home period

Singapore's Ministry of Manpower (MOM) yesterday said it would waive levies on foreign workers, including maids, during their stay-home...

Singapore

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...

Corporate

Philippines to follow Singapore in launching RuPay card: Report

According to a media report, the Philippines is the next market for India to launch its RuPay card, the second southeast nation to do so...

Global

Indian companies' overseas investment fell 35% in February 2021, says RBI

According to banking data, India Inc's overseas direct investment fell by 31% to USD 1.85 billion in February this year.

Global

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,...

Corporate

Singapore launches business bubble for overseas travellers

Taking into account the requirements of business travellers from around the world, Singapore announced the Connect@Changi facility travel...

Singapore

UK-Singapore post-Brexit Free Trade Agreement launched

The new UK-Singapore Free Trade Agreement (UKSFTA) has been entered into force on February 11, an announcement read.

Global

Singapore's DBS Bank plans to scale down India branches over next 2-3 years

Singapore-based DBS Bank plans to scale down its network of 600 branches in India over the next two-three years following its recent merger...

Global

Piyush Gupta wins ET Global Indian Award

Singapore-based DBS Group CEO Piyush Gupta won the Global Indian Award of The Economic Times Awards for Corporate Excellence.

NRI Stories

How can you get health coverage under a term plan?

Many things can go wrong in life. Unfortunately, we do not have control over most of them. However, we can make sure that we are prepared...

Health & Fitness

Singapore economy shrinks by record 5.8 % in COVID-hit 2020: MTI report

Singapore’s economy contracted a record 5.8 per cent in a pandemic-hit 2020, according to statistics from the Singapore Ministry of Trade...

Singapore

Indian economy set to overtake UK by 2025, become world's third largest by 2030: Report

India, despite being one of the worst affected countries due to coronavirus, will become the world's fifth-largest economy by 2025 and the...

Global

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.

Corporate

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...

Corporate

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.

Corporate

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...

Corporate

S. Iswaran inaugurates Tata Consultancy Services’ Digital Acceleration Centre

Minister for Communications and Information, Singapore S. Iswaran launched Tata Consultancy Services’ Digital Acceleration Centre

Singapore

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...

Corporate

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...

Corporate Analysis & Commentary

Last Sikh queen's jewellery collection sold at UK auction house Bonhams' event

Jewels that once belonged to Maharani Jindan Kaur, the last wife of Sikh Empire ruler Maharaja Ranjit Singh, and which were later inherited...

UK

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...

Corporate

UK's Webley & Scott becomes first global firearms firm to set up production unit in India

Webley & Scott, one of the oldest arms manufacturers in the world, will be setting up a manufacturing unit in Hardoi, Uttar Pradesh to...

Corporate