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India continued to be an important source market for Singapore's tourism sector in the first half of 2026, with visitor arrivals crossing 6,00,000 between January and June, the Singapore Tourism Board (STB) said on Wednesday. "India's consistent performance is particularly meaningful given the global headwinds the travel industry has had to navigate in recent times. It is a testament to the strong relationships we have built with Indian travellers, our airline partners and the travel trade over the years," STB Regional Director (India, Middle East, South Asia and Africa) Markus Tan said. Indian visitors also topped spending, recording Singapore dollar 374 million in the first quarter of 2026, according to STB data. Overall, 8.19 million travellers visited Singapore in the first half of this year, according to the STB data. Looking ahead, STB will continue to focus on working closely with its partners to keep Singapore fresh, accessible and compelling - while continuing to drive ...
India and Singapore on Thursday signed agreements to strengthen bilateral cooperation in telecommunications and broadcasting as well as maritime heritage and food safety, the Finance Ministry said. Both countries signed two memorandums of understanding (MoU) and exchanged a Letter of Intent (LoI) in the presence of Finance Minister Nirmala Sitharaman, along with External Affairs Minister S Jaishankar, Commerce & Industry Minister Piyush Goyal, and MoS for Electronics & IT Jitin Prasada during the 4th India-Singapore Ministerial Roundtable (ISMR). The agreements cover cooperation in the areas of maritime heritage, food safety, and telecommunications and broadcasting regulations. "These agreements will further strengthen bilateral cooperation across diverse areas of mutual interest," the Finance Ministry said in a post on X. The Singapore delegation was led by Gan Kim Yong, Deputy Prime Minister and Minister for Trade & Industry; K Shanmugam, Senior Minister and ...
Prime Ministrer Lawrence Wong on Thursday met visiting Indian ministers ahead of the fourth India-Singapore Ministerial Roundtable (ISMR) and discussed ways to build on the progress made in bilateral ties, particularly in advanced manufacturing, digitalisation, sustainability and connectivity. External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Commerce & Industry Minister Piyush Goyal, and Minister of State for Electronics & IT Jitin Prasada are in the city-state to participate in the ministerial-level meeting. In a series of social media posts, Wong said it was a pleasure to catch up with Sitharaman, Jaishankar, Goyal and Prasada ahead of the ISMR, which began on Thursday. The leaders discussed how Singapore and India can "build on the good progress made through ISMR" and take the Comprehensive Strategic Partnership further, especially in advanced manufacturing, digitalisation, sustainability and connectivity. Wong said the discussions also covered ..
India's exports to key free trade agreement (FTA) partner countries witnessed strong growth in the first quarter of 2026-27, with outbound shipments to Singapore and Sri Lanka more than doubling, according to the commerce ministry data. India has so far signed 17 FTAs with a number of countries and groups, including Singapore, Malaysia, South Korea, Mauritius, the UAE, Australia, the European Union, Asean and the EFTA bloc. Out of this, 16 are operational. The data showed that exports to Singapore surged 101.2 per cent to USD 6.52 billion during April-June 2026, from USD 3.24 billion in the year-ago period, while shipments to Sri Lanka rose 123.8 per cent to USD 2.35 billion from USD 1.05 billion. The shipments to the ASEAN (Association of South East Asian Nations) region grew 61.6 per cent to USD 14.61 billion in the first quarter of this fiscal, from USD 9.04 billion in April-June 2025-26. Exports to the South Asian Free Trade Area (SAFTA) region rose 36.6 per cent to USD 8.40 ..
India remains an important long-term market for Singapore's global investor Temasek Holdings, despite the near-term pressures, a top company official has said here. "While near-term equity volatility and energy-related pressures may persist, we are constructive on the country's structural growth outlook -- supported by its large consumer market, infrastructure development, and growing middle class," Temasek said in a briefing on its latest financial performance on Wednesday. The state investor said its focus is on capturing opportunities in sectors such as consumer, financial services, and healthcare, where underlying structural growth trends remain strong in India. "India has done very well for us, although the last year has been challenging because of exchange rate volatility," said Temasek Chief Executive Officer Dilhan Pillay Sandrasegara in a video address. More than 40 per cent of Temasek's portfolio is made up of Singapore-based companies, including DBS, Singtel and Singapor