Indian-origin Deputy Finance Minister in the United Kingdom Rishi Sunak has been tipped by Conservative Party insiders to helm a new ‘economic super-ministry’ following a cabinet reshuffle in February, according to media reports.
Tag: Business
NRIs, OCIs pensions to be taxed at source as per DTAA: Indian pension authority
NRI News: Pensions for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) will be taxed with rates set in various Double Taxation Avoidance Agreements (DTAA).
Zilingo acquires Sri Lanka-based nCinga Innovation in SGD 15.5 million deal
Singapore-headquartered Zilingo has acquired Sri Lanka-based software company nCinga Innovations in a landmark SGD 15.5 million cash and stock deal.
Ho Ching, Nirmala Sitharaman in Forbes 2019 most powerful women list
Ms Ho Ching (23), Executive Director and CEO of state-owned investment firm Temasek, Indian Finance Minister Nirmala Sitharaman, HCL Corporation CEO Roshni Nadar Malhotra, Biocon Founder Kiran Mazumdar-Shaw and Landmark Group Chairwoman Renuka Jagtiani are some of the Asian women named in the Forbes
Maybank Kim Eng cuts 5 per cent of Singapore manpower
Maybank Kim Eng has reduced 5 per cent of its manpower in Singapore amid stiff competition from fintech firms, according to news reports.
Airtel stakeholder Bharti Telecom seeking nod for Singtel investment: Sources
Bharti Airtel promoter Bharti Telecom has sought the Indian government’s permission to allow an SGD 937.03 million (INR 4,900 crore) investment from Singapore-based Singtel and other foreign entities, according to media reports.
Singapore ranks third, India 73rd in UN e-commerce ranking index 2019
Singapore came in third while India ranked 73rd out of 152 countries in a United Nations (UN) business-to-consumer (B2C) e-commerce index that measures an economy’s preparedness to support online shopping.
Google’s Sundar Pichai appointed CEO at parent firm Alphabet
According to media reports, Google’s Sundar Pichai will be taking over the role of Chief Executive Officer (CEO) at parent firm Alphabet from co-founder Larry Page.
Dyson’s new global HQ is at the historic St James Power Station in Singapore
British technology company Dyson move its head office from the UK to Singapore. The movement was completely sometime in May. Built in 1927, St James Power Station is Singapore’s first coal-fired power plant.
Catapulting moneylending into the cyber age: LendFoundry CEO Sandeep Phophaliya
Money-lending is one of the cornerstones of the global economy, with the concept almost as old as currency itself.
