The Sentosa x Enterprise scheme will create opportunities for local enterprises to test bed novel ideas, concepts, and technologies.
Tag: Business
Airbnb buys into hospitality unicorn OYO in Series E investment round
Global homestay major Airbnb has invested nearly USD200 million in Gurugram-headquartered hospitality unicorn OYO. This raise is part of the Series E round, that was announced in September 2018.
India, US to exchange Country by Country reports of multinationals, rejig tax compliance
In a boost to ease of doing business and some relief in tax compliance burden of Multi-National Enterprises, India and the US have signed an intergovernmental agreement for the exchange of Country by Country (CbC) reports. P C Mody, Chairman, Central Board of Direct Taxes (CBDT) and Kenneth Juster, Ambassador of USA to India after […]
Ola launches autorickshaw service in Liverpool
Following the launch of its service in the UK last year, Indian ride-hailing firm Ola has introduced autorickshaw services in Liverpool.
Grab continues to see strong interest from global investors post-SGD6.1 billion funding round
Singapore-based ride hailing firm Grab is looking to raise more funds from strategic investors after receiving over SGD6.1 billion in the region’s largest private financing round.
After China and the EU, India the next target for Trump’s War on Trade
US President Donald Trump has announced plans to scrap preferential trade treatment for India, claiming that New Delhi has failed to assure the US of “equitable and reasonable” access to its markets.
DBS new digital platform simplifies investments for first-time investors
Launched on Monday, February 25, for Treasures members, DigiPortfolio features an automated process allowing investors to buy their portfolios with just a few clicks of the mouse and charges a single management fee.
Singapore now India’s top FDI source, overtakes Mauritius
The Singapore-India story is now creating a new historical chapter. FDI in equity from Singapore jumped 41% in the April-December period to almost USD13 billion, while that from Mauritius dropped 55% from a year before to just USD6 billion, showed the latest official data.
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.
SMEs still plagued by manpower issues and high cost of doing business in Singapore: DBS poll
Citing challenges such as manpower issues, high operational costs and growing business revenue, SMEs in Singapore are facing a difficult economic environment.
