Page 3 - India-singapore

India-Singapore relations poised for bigger take-off: MEA on PM's visit

Building on "new anchors" of partnership identified under the India-Singapore ministerial roundtable framework, the relations between the two countries is poised for an even bigger take-off, the MEA said on Monday ahead of Prime Minister Narendra Modi's visit to Singapore. Prime Minister Modi is slated to visit Singapore on September 4-5 at the invitation of his Singaporean counterpart Lawrence Wong. Prior to that he is scheduled to visit Brunei on September 3-4 which seeks to further strengthen bilateral cooperation in all existing sectors. Secretary (East), Ministry of External Affairs, Jaideep Mazumdar, at a media briefing here said India and Brunei are working towards setting up a "joint working group in defence". He said Prime Minister Modi is visiting Singapore after nearly six years. His last visit to Singapore was in his first term. And an early visit on his third term is something that has been "welcomed by the Singaporean side". "Also, this comes at a time when a new le

PM Modi to visit Singapore soon; semiconductors new addition to agenda

The high-level meeting between senior ministers of India and Singapore has set the stage for Prime Minister Narendra Modi's visit to the city-state that will happen soon, its Foreign Minister Vivian Balakrishnan has said. Senior ministers from the two countries held a "productive" round of discussions at the second multi-ministerial roundtable here and explored how the two countries can boost bilateral cooperation in digital, skill development, sustainability, healthcare, connectivity and advanced manufacturing. This was the second time that ministers from Singapore and India met at the India-Singapore Ministerial Roundtable (ISMR) after its inaugural edition was launched in September 2022 by then Deputy Prime Minister Lawrence Wong during a five-day visit to India. Balakrishnan said advanced manufacturing and semiconductors, as well as aviation and maritime connectivity, are the new areas that Singapore and India have added to a high-level platform for discussing ways to enhance ..

India, Singapore commit to boost cooperation in emerging, futuristic areas

India and Singapore on Monday pledged to further enhance co-operation in the emerging and futuristic areas. The Indian delegation led by Finance Minister Nirmala Sitharaman deliberated upon six pillars identified under India-Singapore Ministerial Roundtable (ISMR). Deputy Prime Minister Gan Kim Yong led the delegation of Singapore during the second ISMR. "During the meeting, the leaders emphasised on ways of further enhancing co-operation between India and Singapore in emerging and futuristic areas. Both sides deliberated upon six pillars identified under ISMR, which include Digitalisation, Skill Development, Sustainability, Healthcare & Medicine, and Advanced Manufacturing and Connectivity," the finance ministry said in post on X. The leaders also discussed plans for commemorating the 60th Anniversary of diplomatic relations between India and Singapore, alongside regional and global cooperation, including ASEAN & G20 developments, it said. The leaders noted that the ...

Four union ministers to attend India-Singapore ministerial meet on Aug 26

Four union ministers - Nirmala Sitharaman, Piyush Goyal, S Jaishankar and Ashwini Vaishnaw, will attend the India-Singapore ministerial meet on Monday with a view to further strengthen trade and economic ties between the two countries. The commerce and industry ministry on Sunday said the India-Singapore Ministerial Roundtable (ISMR) is scheduled to take place in Singapore on August 26. Goyal will engage with leading global business figures in Singapore, including DBS Bank, Temasek Holdings, OMERS, Keppel Infrastructure, and the Owners Forum. The minister will explore strategies to bolster bilateral trade and investment, capitalising on India's burgeoning market opportunities and its dynamic growth trajectory, it said. "Commerce and Industry Piyush Goyal will participate in the second ISMR along with Finance Minister Nirmala Sitharaman, External Affairs Minister Subrahmanyam Jaishankar and Minister for Railways, Information and Broadcasting, and Electronics and Information Technolo

India, Singapore discuss bilateral, int'l issues of mutual interest

Ties between India and Singapore have a history rooted in strong commercial, cultural, and people-to-people links

Pine Labs gets approval from Singapore court to relocate base to India

Pine Labs' decision to shift domicile follows a broader trend among fintech firms like PhonePe and Groww, which have also moved their bases back to India

Ex-PM Lee lauds SICCI for aiding Singapore firms in Indian market outreach

The Singapore Indian Chamber of Commerce and Industry (SICCI) has helped strengthen economic links between Singapore and India by providing local firms with market outreach and advisory on the Indian market, former Prime Minister Lee Hsien Loong has said. These efforts have helped us to benefit from India's tremendous growth potential, Lee said in a farewell letter to the SICCI after relinquishing the premiership on Wednesday in a political leadership renewal process of the People's Action Party which has ruled the prosperous city-state for six decades. He noted SICCI's significant contribution to Singapore's economic growth, highlighting, You helped many local Indian firms grow their businesses through transformation, innovation, and overseas expansion. SICCI has also been a close partner of the government, providing valuable feedback on government policies, said Lee who led Singapore for 20 years and now sits as a senior minister in the Cabinet headed by Lawrence Wong -- sworn in

EAM Jaishankar, Singapore's trade minister discuss semiconductors, space

EAM Jaishankar also engaged in discussions with prominent corporate figures from the country who offered positive feedback on India's growth story

Singapore looking to recruit APOs from India, China, Philippines & Myanmar

Singapore is considering hiring auxiliary police officers (APOs) from India, China, the Philippines and Myanmar, Law and Home Affairs Minister K Shanmugam told parliament on Wednesday. The city-State is looking to expand the jurisdictions from which it recruits APOs as the number from Taiwan has fallen in recent few years, As a result, the home affairs ministry has been considering expanding the jurisdictions where auxiliary police officers (APOs) can be recruited from. These potentially include Asian ones such as China, India, the Philippines and Myanmar, according to a Channel News Asia report. "We need to allow the Auxiliary Police Forces to recruit foreign APOs, to meet the increasing demand for security services," the Today newspaper also quoted the minister as saying. "(The Auxiliary Police Forces) face challenges in sustaining an adequate pool of APOs, given the shrinking local workforce, requirements such as physical fitness, and the job options Singaporeans have." He was

India-Singapore FTA , as a part of Asean needs to be studied together: GTRI

Think-tank GTRI on Sunday suggested that the government study the bilateral free trade agreement with Singapore and as part of the Asean bloc together while reviewing its trade pact with the 10-nation grouping. Singapore is a member of 10-nation Asean bloc with which India has a free trade agreement in goods since 2010. Separately, India also implemented a comprehensive free trade agreement (FTA) with Singapore in 2005. The Global Trade Research Initiative (GTRI) also suggested a similar exercise with Thailand, another member of Association of Southeast Asian Nations (Asean). India signed a limited free trade pact with Thailand in 2006. These suggestions assume significance as India and Asean have agreed to review their trade pact and are aiming to conclude the exercise by 2025. Asean members are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam. Out of these, five countries - Indonesia, Singapore, Malaysia, Thailand

EAM concludes Singapore visit, says it presented chance to deepen ties

During his Singapore visit on October 18, the EAM had several bilateral engagements with the leaders of the island-nation and senior ministers of the Cabinet

Jaishankar discusses domains on cooperation with Singapore's trade minister

External Affairs Minister S Jaishankar on Friday met Singapore's Trade and Industry Minister Gan Kim Yong and discussed with him new domains of bilateral cooperation with long-term implications. Jaishankar, who is here on the second leg of his two-nation visit to Southeast Asia, will also meet Singapore's newly-elected President Tharman Shanmugaratnam and other senior leaders and review bilateral cooperation and explore opportunities for further collaboration. "Nice to meet Trade & Industry Minister Gan Kim Yong today (Friday) morning. Our discussions centered around new domains of cooperation with long-term implications," Jaishankar posted on X. He said he was looking forward to developing these ideas at the India-Singapore Ministerial Roundtable (ISMR). On Thursday, Jaishankar held talks with Singapore Defence Minister Ng Eng Hen and also chaired the regional conference of India's ASEAN and East Asia Ambassadors here. "Good to meet my friend Defence Minister @Ng_Eng_Hen today. .

PM Modi congratulates Tharman on his election as Singapore president

Prime Minister Narendra Modi on Saturday congratulated Tharman Shanmugaratnam on his election as president of Singapore. He said on X, "I look forward to working closely with you to further strengthen the India-Singapore Strategic Partnership. Tharman scored a landslide victory in the presidential election held on Friday. The 66-year-old Singaporean economist, who is of Indian origin economist, will be Singapore's ninth president. He won the election with a vote share of 70.4 per cent.

Gesture of friendship appreciated: S'pore on India exempting from rice ban

India recently decided to allow the export of rice to Singapore to "meet the food security requirements" of the southeast nation, the Ministry of External Affairs (MEA) said

Singapore allows hiring cooks from India to combat manpower shortage

In a move to address workforce shortages in its hotel industry, Singapore has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors. Traditionally, employers in Singapore's services and manufacturing sectors have primarily sourced work permit holders from China, Malaysia, Hong Kong, Macau, South Korea, and Taiwan. The Ministry of Manpower has recently unveiled the application process for cooks in Indian restaurants in the city-state. Establishments desiring to employ Non-Traditional Sources (NTS) work permit holders can submit applications on the ministry's website, starting from September 1. Bangladesh, India, Myanmar, the Philippines, Sri Lanka and Thailand constitute NTS countries. With this move, cooks from India have joined the ranks of housekeepers and porters to be included in the list of permissible hires for work permit holders. The ministry has outlined that the applicati

Indian CAs mull India-Singapore platform for insolvency resolution

Indian Chartered Accountants have initiated a strategy to build best practices based on global standards for managing insolvencies, bankruptcies and dispute resolution following their interactions with Singapore-based professionals with an international network. During a two-day convention held here last week, chartered accountants, financial experts, and legal and corporate affairs professionals from India and Singapore exchanged ideas on managing issues related to dispute resolutions, global debt, insolvency and funding. "Our interactions during the event, attended by over 300 professionals, have set a pace for studies and collaborations through sharing of knowledge with Singapore-based professionals who are already managing business-related disputes and insolvency issues of multinational corporations across the globe," Gyan Chandra Misra, an insolvency professional and a member of the Institute of Chartered Accountants of India (ICAI), told PTI over the weekend. "We are going bac

India extends UPI services to France, first in Europe after Singapore

The National Payments Corporation of India (NPCI) has set up connectivity with Lyra in France

Linkages like PayNow-UPI have great potential to help rupee: Jamal Mecklai

In a Q&A, the CEO of Mecklai Financial Services dwells on issues such as rupee internationisation, stronger FDI flows and RBI's role in keeping the Indian currency stable

UPI: Local & global

India-Singapore link is an encouraging first step

Decoded: What the India-Singapore real-time payment linkage is all about

India, Singapore cross-border retail payments & remittances amount to over $1 billion annually