Page 11 - Singapore

Ex-Singapore Minister Iswaran accepts charges, begins 12-month jail term

S Iswaran has was accused of accepting gift worth $306,000 from Malaysian billionaire Ong Beng Seng and businessman David Lum

India to Singapore, HK: Uber rich shift $235 bn to offshore family offices

Hong Kong ranked fourth with $70 billion in transferred assets to Singapore; the rest of Asia collectively parked over $370 billion in the island nation.

Singapore ends 181 years of horse racing to make way for new homes

More than 120 hectares to be bulldozed for new homes to accommodate the growing Singaporean population that crossed 6 mn this year

Singapore's F1 mogul charged in Indian-origin ex-minister's graft case

Business tycoon Ong Beng Seng, widely recognised as the figure responsible for bringing Formula 1 to Singapore, was charged with offences in a high-profile corruption case involving S Iswaran

Singapore announces new measures to tackle money laundering activities

Singapore intends to flag and strike off companies that are inactive, increase data sharing across government agencies, and from next week educate non-regulated sectors

Singapore, among least corrupt nations, jails ex-minister for first time

A Singapore court has sentenced ex-minister S Iswaran to 12 months for accepting over $300,000 in gifts - an event which marks the first jail time for a former cabinet member in Singapore's history

Hindi's role to grow with India's global impact: Singapore business leaders

The fusion of Hindi -- spoken by 57.2 crore people in India and another 50 crore globally -- with cutting-edge technology opens a realm of possibilities for businesses, allowing them to tap into vast, previously inaccessible, markets, a top Singapore business leader has said. Neil Parekh, chairman of the Singapore Indian Chamber of Commerce and Industry, said, "As we transcend the world of digitalisation, where boundaries between cultures and markets are increasingly blurred, language has emerged as a crucial bridge connecting people, ideas and opportunities." Speaking at the Global Hindi Excellence Summit - 2024, held over the weekend, he underscored the growing importance of Hindi for working in the fast-paced development of the Indian economy. He called the summit a platform with immense significance in promoting the richness of the language and culture on a global stage. The theme for the summit -- "Hindi Excellence in this Era of Innovation" -- reflects how language and ...

EAM Jaishankar meets counterparts from Denmark, UAE, and Singapore at UNGA

The meetings centred around strengthening bilateral ties with each nation

Singapore court grants 4-month moratorium to WazirX after $230 mn hack

Thankful for the court's decision, it will allow us to focus on our path to resolution, recovery and restructuring, says Nischal Shetty, co-founder, WazirX

Ficci furniture mission explores collaboration with Singapore businesses

Federation of Indian Chamber of Commerce and Industry's (Ficci) furniture industry mission has explored new avenues for collaboration with furniture businesses in Singapore as a market outreach programme. "This mission is an important milestone in deepening the relationship between the Indian and Singaporean furniture industries," Ficci Furniture Committee Chair Rudra Chatterjee, who led the industry delegation to the city state, said. "We are excited to explore new avenues for collaboration, which can drive growth and prosperity in both markets," he said after interaction with the Singapore Furniture Industries Council (SFIC) on Wednesday. "The collaboration opportunities between SFIC and Ficci present exciting opportunities in areas like sustainability, design and market expansion," SFIC President Phua Boon Huat said after hosting a roundtable and B2B meetings. "We are happy to welcome the Ficci delegation to Singapore, building on recent high-level engagements between our two ..

Ex-minister Iswaran pleads guilty in graft case that gripped Singapore

The charge of accepting gifts carries a jail term of up to two years and a fine. For obstructing justice, Iswaran can be sentenced to jail of up to 7 years and a fine

Singapore to start landmark graft trial of former minister S Iswaran

The case against Iswaran, a former party member, is a test for a party that has long relied on its reputation for clean governance to win all elections since Singapore's independence in 1965

Decision paralysis: 69% Indians find it hard to plan for future, says study

The HSBC study highlights that confidence is a key issue, as 62 per cent of those surveyed feel they are not well-prepared to manage important decisions

Pope concludes Asia trip, reiterates interfaith tolerance to heal world

Pope Francis wrapped up his visit to Singapore on Friday by praising its tradition of interfaith harmony, closing out his four-nation trip through Asia with the same message of tolerance that he delivered at the start. Francis presided over a gathering of young people from some of the religious traditions that are present in Singapore, where mosques, Buddhist temples and Christian churches stand side-by-side among the city-state's iconic skyscrapers. In a sign he was enjoying himself, Francis ditched his speech and urged the youths to take risks, even if it means making mistakes. But he came back to the topic at hand make his main point about the need for people of different faiths to engage in constructive dialogue rather than insist on the righteousness of their particular beliefs. All religions are a path to arrive at God, he said. They are like different languages to arrive there. But God is God for all. Francis was in Singapore to encourage its Catholics, who make up about 3.5

'India's growth potential is above 7.5%': RBI Governor Shaktikanta Das

At a Singapore forum, RBI Governor Shaktikanta Das projected that India has a growth potential of at least 7.5%, slightly above the RBI's official 7.2% forecast for 2024-25

Pope Francis urges leaders in S'pore to seek fair wages for foreign workers

These workers contribute a great deal to society and should be guaranteed a fair wage, he said

Indian employers most bullish globally on Oct-Dec quarter hiring: Survey

Corporate India reported the strongest hiring sentiments globally for the next three months, with 37 per cent of employers planning to increase their staff strength as businesses are bullish about the country's economic position, a survey said on Tuesday. According to the ManpowerGroup Employment Outlook Survey Q4, 2024, of nearly 3,150 employers across sectors and regions, the Net Employment Outlook in India is the strongest worldwide at 37 per cent, followed by Costa Rica (36 per cent) and the US (34 per cent) in the second and third place respectively. The Net Employment Outlook (NEO) is calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire. The India employment outlook for Q4 (October-December) stood at 37 per cent, up 7 per cent from Q3 2024, and unchanged when compared with the same time last year. "The hiring intention of employers signifies the positive outlook in the country's economic position that h

DBS may tap Goldman Sachs to help find insurance partner in India, Taiwan

The Singapore-based lender is working with Goldman Sachs Group Inc. as an adviser on potential ban assurance agreements for those markets

Tata Electronics, ASMPT sign pact for semiconductor equipment infra

Tata Electronics has signed a pact with ASMPT Singapore for establishing semiconductor assembly equipment infrastructure and solutions for its chip packaging units in Assam and Karnataka. ASMPT will collaborate with Tata Electronics for workforce training, advancing service engineering infrastructure, automation, spare supports and boosting R&D initiatives in the area of wirebond, flip chip, advanced packaging and integrated system packaging. "In a significant step towards accelerating its readiness for its semiconductor assembly and test facilities in Vemagal, Karnataka and Jagiroad, Assam, Tata Electronics signs a Memorandum of Understanding (MOU) with ASMPT Singapore to collaborate on establishing semiconductor assembly equipment infrastructure and solutions," Tata Electronics said in a statement on Tuesday. Tata Electronics is setting up a chip assembly plant in Assam with an investment of Rs 27,000 crore which is expected to become operational next year. It also has a small ..

Singapore steps up checks at immigration points ahead of Pope's visit org

Singapore has stepped up checks at immigration entry points from Monday, citing a "heightened security situation" in the region ahead of Pope Francis' visit to the city-state. Travellers arriving at land, air and sea checkpoints will undergo "enhanced security checks" and should factor in extra time for immigration clearance, the Immigration and Checkpoints Authority (ICA) said in a Facebook post on Sunday. In view of the heightened security situation in the region, ICA will be implementing enhanced security checks on arriving travellers and conveyances at the land, air and sea checkpoints from September 9 to 14, 2024, said the post. Though the ICA has not given any reason for the heightened security situation in the region, some media reports suggest it could be related to Pope Francis' visit to the city-state from September 11-13. Pope Francis will visit Singapore this week for the final leg of his Asia Pacific tour. He is currently halfway through his 12-day trip, the longest an