Singapore

Singapore authorities eye tax cuts for fund managers to stay competitive

The Monetary Authority of Singapore is reviewing tax incentives for fund managers after industry feedback that Hong Kong's proposed tax breaks could trigger relocations

Delhi HC voids visa, passport services tender for Australia, Singapore

Delhi High Court has set aside the government's tender for outsourcing passport, visa and consular services in Australia, Singapore, the UAE and Kuwait, directing authorities to invite fresh bids

Singapore court declines stay on Byju Raveendran's 6-month jail sentence

Raveendran is facing claims from foreign investors around the world, including in the US where lenders are fighting to claw back losses from a $1.2 billion loan that soured

'India remains long-term market for Singapore's Temasek despite volatility'

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

Udaan's S'pore Holding co faces insolvency proceedings over $170 mn default

Creditors filed a winding-up petition after debt-restructuring talks collapsed; Udaan says the proceedings are limited

Tata Comm to invest $152 million to boost India-Singapore digital corridor

The company said it will add about 98 terabits per second (Tbps) of capacity through two subsea cable projects linking Mumbai and Chennai with Singapore

Singapore to place 400+ abandoned Indian, Bangladeshi workers in new jobs

Labour body starts finding jobs for affected migrant workers as authorities investigate alleged employer abandonment

Foxconn Singapore acquires stake in India subsidiary for $37.2 million

Taiwanese electronics manufacturer increases its stake in the India unit as it expands iPhone production and accelerates investments in artificial intelligence and advanced manufacturing

Allianz emerges as lead bidder for HSBC's Singapore insurance unit

Allianz and HSBC are finalising a deal for HSBC's Singapore insurance unit, with the business valued at up to $2 billion

Singapore court stays surrender requirement imposed on Byju's founder

The Singapore High Court has stayed the committal and surrender provisions of a civil contempt order against Byju Raveendran pending appeal in an ongoing dispute

Singapore brings back 19th-century tech to tackle rising temperatures

The 140-year-old concept known as district cooling is taking root in Singapore, where temperatures are rising twice as fast as the global average and sharpening the focus on climate adaptation

Byju’s founder Raveendran sentenced in Singapore: All we know

Byju’s founder Byju Raveendran has been sentenced to six months in jail by a Singapore court over alleged non-compliance with court orders linked to his assets.

AI reshaping diplomacy: Can technology replace human understanding?

As global tensions rise, governments are turning to AI to analyse data, model negotiation outcomes and identify compromise options, reshaping modern diplomacy

India key Indo-Pacific partner, says Hegseth amid peace remarks

US Secretary of War Pete Hegseth on Saturday credited President Donald Trump with helping broker peace between India and Pakistan, while describing India as a key partner in Washington's Indo-Pacific strategy and highlighting growing defence cooperation between the two countries. Speaking at the Shangri-La Dialogue in Singapore, Hegseth referred to the understanding reached between New Delhi and Islamabad after their military confrontation last year and praised Trump's role in easing tensions. "You saw that in the ability of the president to come together on brokering a peace between India and Pakistan, two nuclear capable countries," Hegseth said. Trump has repeatedly claimed that he helped secure peace between India and Pakistan following a four-day military conflict last year triggered by the terror attack in Jammu and Kashmir's Pahalgam that killed 26 people. India, however, has consistently maintained that the understanding was reached directly between the two countries and has

Singapore court sentences Byju's founder to six months in jail for contempt

Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case

Byju Raveendran gets six months in jail for contempt of court in Singapore

Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024

Barclays to name Nikhil Jha India diaspora banking head in Singapore

Jha, serving gardening leave at Bank of Singapore Ltd., will start at the British bank in July in the city-state, said the people, who asked not to be named because the information is private

Anant Raj to enter Singapore data centre market with new subsidiary

The Delhi-based developer plans to set up a wholly owned subsidiary in Singapore to offer data centre and cloud services, marking its first overseas expansion amid rising demand

Wipro bags $1 bn deal from Olam Group; to acquire Mindsprint for $375 mn

IT services firm Wipro has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed USD 1 billion (about Rs 9,314 crore) in contract value. As part of the broader engagement, Wipro said it will acquire Olam Group's IT and digital services business, Mindsprint Pte. Ltd., for USD 375 million (about Rs 3,494 crore). "Wipro has secured a multi-year strategic transformation deal with Olam Group, a leading USD 50+ Billion Food and Agri-business headquartered in Singapore, employing nearly 40,000 people, and majority-owned by Temasek Holdings. This 8-year deal with Olam Group is expected to exceed USD 1 billion in contract value, with a committed spend of USD 800 million. "As part of this broader engagement, Wipro will acquire Mindsprint, Olam Group's IT services arm," Wipro said in a regulatory filing on Monday. Mindsprint, founded in 2007 and headquartered in Singapore, employs over 3,200 professionals across Ind

Singapore police findings won't affect Zubeen death case in Assam: Official

The proceedings in the Zubeen Garg death case in Assam will not be impacted in any way by Singapore Police concluding its probe by maintaining that there is no evidence of foul play, officials said here on Thursday. Assam Police's investigation here has been "comprehensive" and the charge sheet filed before the local court in Guwahati has been based on it, they maintained. "The investigation, findings and closure by Singapore Police into the drowning of Zubeen Garg in that country in September last year will have no bearing and impact on the ongoing proceedings in the fast-track court here," state Advocate General Devajit Saikia told PTI. "The charge sheet filed in Guwahati is on the basis of allegations of offences and premises which are different from those of the probe conducted by the Singapore Police," he maintained. The probe in the state had taken a more comprehensive and larger picture into account, going back to the happenings over the last couple of years, Special Directo