Page 11 - Singapore

Singapore to block Allianz deal for income but open to new offer, says PM

Culture, Community and Youth Minister Edwin Tong had earlier told parliament it would not be in the public interest for the government to approve the deal in its current form

Singapore opposition leader Pritam Singh's trial begins before elections

Singh was formally named leader of the opposition in 2020, the first such designation in Singapore's history. His Workers' Party has cast itself as being able to serve as a check on the PAP

Singapore PM honours Ratan Tata, calls him 'true friend of Singapore'

Prime Minister Lawrence Wong has paid homage to Ratan Tata who made valuable contributions to Singapore's economic transformation, calling him a true friend whose legacy will be cherished in the country. The former Tata Group chairman passed away on Wednesday evening aged 86. In a post on Facebook and other social media platforms, Wong on Thursday said Ratan Tata had a long association with Singapore. "He was a true friend of Singapore and we will cherish his contributions and legacy." He was a strong advocate of our country, and made valuable contributions to our economic transformation, said Wong. The Tata group has a large presence in Singapore since the late 1960s when JRD Tata visited Singapore. Ratan Tata grew the seedling of India-Singapore industrial relations into over 15 operating companies in the city-state -- covering IT, Shipping, Engineering, Energy and Financial Services. The group formally entered Singapore in 1972, forming the Tata-Government Training Centre for

Singapore keeps monetary policy unchanged as inflation risks linger

Federal Reserve last month delivered a larger-than-usual half-percentage-point reduction, while the European Central Bank is tipped to cut rates next week for the third time this year

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