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Tag: Business
DBS tops list of World’s Best Banks In India 2021
Sngapore’s DBS has been named by Forbes in their list of World’s Best Banks 2021 out of 30 domestic and international banks in India for the second consecutive year.
Singapore-India trade to reach USD 21 bn in 2020-21 despite pandemic: Indian High Commissioner
Notwithstanding the COVID-19 pandemic, trade between India and Singapore is likely to touch USD 21 billion in financial year 2020-21, India’s High Commissioner to Singapore P Kumaran stated.
Looking to drive economic growth through rising export potential, says Exim Bank MD David Rasquinha
Highlighting Mumbai-headquartered Export Import (Exim) Bank of India’s profit after tax (PAT) doubling in FY 2021, India Exim Bank MD and CEO David Rasquinha said that the present year has started well and is also looking good despite the impact of the second wave.
Reliance Jio announces plans for international submarine cable system from India to Singapore, Europe
Mukesh Ambani-led Reliance Jio Infocomm said that it will be constructing the largest international submarine cable system centred on India that will span the globe from Singapore to Europe.
Moglix raises USD 120 million, joins unicorn club as valuation jumps to USD 1 Billion
Moglix provides solutions to more than 500,000 SMEs and 3,000 manufacturing plants across India, Singapore, the UK and the UAE.
Vistara gets fund infusion from Tata Sons, Singapore Airlines
Business news: Tata Sons Ltd and Singapore Airlines Ltd announced the infusion of an additional SGD 84.7 million (INR 465 crore) into Vistara, according to reports.
German pharma firm BioNTech to build COVID-19 facility in Singapore by 2023: Reports
German vaccine developer BioNTech SE announced plans to build its Southeast Asia headquarters and first Asia-Pacific hub in Singapore, giving a boost to supply of its mRNA COVID vaccine.
Few¢ents raises US$1.6 million funding for pay-per-content solution
Singapore-born “FinTech-for-Media” startup, Few¢ents, providers of digital solutions to publishers for content monetisation, raises US$1.6 million in seed funding, which will deployed to consolidate the company’s proprietary pay-per-content solution and expand business operations.
Indian workers returning from Singapore amid workforce cuts due to COVID-19 surge
According to the Indian High Commission, more and more Indian workers are returning home as Singapore businesses cut down on workforce following the severe impact of the novel coronavirus pandemic.
