Page 12 - Singapore

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

Pope Francis to use handmade chairs by Indian-origin man on Singapore visit

During his visit to Singapore next week, Pope Francis will use two handmade chairs crafted by an Indian-origin carpenter here for his inter-religious dialogue sessions. The chairs are made by 44-year-old Govindharaj Muthiah, who took his passion for woodworking full-time in 2019, according to a Channel News Asia report last week. Muthiah said when he received the fortuitous call from the Roman Catholic Archdiocese of Singapore around end-July, he did not expect to be presented with the coolest addition to his CV to date. Even though he completed both "100 per cent handmade" chairs within a whirlwind month, Muthiah said the news of being assigned to do the chairs still had not sunk in. When I got the call, the first question was: Hi, we knew you do furniture. We were introduced by someone.' And they asked if I could make a chair. I was like, Okay, do you have the dimensions? I'll work on it,' he told CNA. Then (the caller) said, No it's more than that, there's a lot of specific ...

Singapore pledges $100,000 to fund flood relief efforts in east Bangladesh

Singapore on Sunday pledged USD 100,000 to support the Singapore Red Cross' (SRC) public fund-raising efforts following severe floods in eastern Bangladesh. "The contribution will support humanitarian relief efforts and the immediate needs of affected communities, the Ministry of Foreign Affairs said. On September 5, the SRC pledged USD 50,000 to support emergency operations in Bangladesh, providing essential aid and relief to affected communities through the Bangladesh Red Crescent Society (BDRCS). It said it is in contact with the BDRCS as well as the International Federation of Red Cross and Red Crescent Societies to monitor the situation and is ready to provide further assistance, The Straits Times newspaper reported. The SRC also launched a public fund-raising appeal to support the recovery efforts in Bangladesh. It will run until October 31. "We are deeply saddened by the loss of lives and displacement caused by the severe floods, said Benjamin William, SRC's secretary-gener

Three Singapore apex court judges share ceremonial benches at Bombay HC

In a first, three judges from Singapore's Supreme Court, including its Chief Justice Sundaresh Menon, were part of Bombay High Court benches on Friday. Chief Justice Menon of Singapore's Supreme Court shared a Ceremonial Bench with Bombay HC's Chief Justice Devendra Kumar Upadhyaya as well as Justices GS Kulkarni and Firdosh Pooniwalla in the historic central courtroom. The bench briefly heard petitions challenging reservation granted to the Maratha community in Maharashtra. Justice Ramesh Kannan of Singapore's apex court shared the bench with Justices Nitin Jamdar and MM Sathaye, while Justice Andre Francis Maniam from that nation shared the Ceremonial Bench with HC Justices KR Shriram and Jitendra Jain. Welcoming Singapore's Chief Justice Menon before the court began proceedings, CJ Upadhyaya said, "I am very glad and happy to announce that amongst us today is the CJ of Singapore Supreme Court. He was here in Bombay in 2015. I welcome him once again." Advocate General Birendra .

India's role in global economy offers opportunities for S'pore: SICCI chief

India's growing role in the global economy presents Singapore with opportunities for collaboration across economic, technological and geopolitical spheres, Singapore Indian Chamber of Commerce and Industry chairman Neil Parekh has said. The Indian-origin business leader's comments came as Singapore Prime Minister Lawrence Wong announced the elevation of the India-Singapore strategic partnership to comprehensive strategic partnership on Thursday. Parekh was speaking at the inaugural "Singapore India Forum The Next Phase" which was attended by some 350 members of the Singapore business community. By strengthening its relationship with India, Singapore can further solidify its position as a pivotal player in the evolving global landscape, given that the two countries have a long-standing partnership that has deepened over the years, Parekh said. "This strong relationship between both governments has fostered continuous engagement at multiple levels, between government entities and ..

PM Modi arrives in Delhi after three day visit to Singapore, Brunei

Earlier today, PM Modi and Singapore PM Lawrence Wong met at the Parliament House in Singapore

India, Singapore ink agreements on semiconductor, digital technology

Both nations elevate ties to comprehensive strategic partnership

PM Modi in Singapore, French Prime Minister Michel Barnier, Sebi employees & more

Prime Minister Narendra Modi visited Singapore after Brunei. During his visit, India and Singapore signed four MoUs focusing on digital technologies, semiconductors, health, and skills development.

PM Modi hails nation, says India wants to make its own 'Singapores'

Prime Minister Narendra Modi on Thursday touted Singapore as a model for developing nations and said India wanted to create "several Singapores" of its own. During his talks with Singaporean Prime Minister Lawrence Wong, Modi expressed confidence in the city-state's fourth generation leadership. He said Singapore is not merely a partner country, it serves as an inspiration for every developing nation. We also aim to create several Singapores within India. I am pleased that we are collaborating towards this goal. The ministerial roundtable we have established is a path-breaking mechanism, the prime minister said. Congratulating the prosperous nation's premier, Modi said, This is our first meeting since you assumed the office as prime minister. My heartiest congratulations and best wishes to you. I am confident that under the leadership of 4G, Singapore will achieve progress even more rapidly. Wong was sworn in as the new prime minister of Singapore in May. The 51-year-old ...

PM Modi praises Singapore's '4G' leadership, hails it as global inspiration

Prime Minister Narendra Modi on Thursday expressed confidence in Singapore's fourth generation leadership, lauding the city-state's remarkable progress and touting it as a model for developing nations worldwide. During his talks with Singaporean Prime Minister Lawrence Wong, Modi congratulated the prosperous nation's premier and said, This is our first meeting since you assumed the office as prime minister. My heartiest congratulations and best wishes to you. I am confident that under the leadership of 4G, Singapore will achieve progress even more rapidly. Wong was sworn in as the new prime minister of Singapore in May. The 51-year-old economist-turned-politician succeeded Lee Hsien Loong, 72, who relinquished his position after two decades; both belonging to the ruling People's Action Party (PAP) that has been driving Singapore's economic progress for more than five decades. Wong, who was the deputy prime minister, is leading the fourth generation PAP politicians' government as the

PM Modi in Singapore: 4 Key agreements from chips to healthcare

PM Narendra Modi recently met Singapore's new Prime Minister, Lawrence Wong. They signed 4 major agreements

PM Modi, Singapore counterpart Wong visit semiconductor firm, discuss ties

Prime Minister Narendra Modi on Thursday held a productive meeting with his Singapore counterpart Lawrence Wong during which they elevated the bilateral ties to a comprehensive strategic partnership. Modi is here on a two-day visit at the invitation of Wong. Ahead of the talks with Wong, Modi received a red carpet-welcome at the Singapore Parliament House. He also signed the visitor's book there. "A new chapter in - ties: Comprehensive Strategic Partnership established. PM @narendramodi and PM @LawrenceWongST held a productive meeting in Singapore today," Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said in a post on X after the meeting. "The leaders agreed to elevate the - ties to Comprehensive Strategic Partnership. They extensively reviewed various facets of the bilateral relationship covering areas of Advanced Manufacturing, Connectivity, Digitalisation, Healthcare & Medicine, Skills Development and Sustainability," he said. The meeting between the two ...

PM Modi to visit Singapore today: Top 5 things on agenda explained

Prime Minister Narendra Modi will start his bilateral visit to Singapore after his trip to Brunei. Singapore is a key partner in India's 'Act East' policy and in boosting Indo-Pacific engagement

Singapore's Indian-origin ex min fails to get witness statements

Singapore's Indian-origin former transport minister S Iswaran on Tuesday failed to secure the statements of prosecution witnesses for a third time as his trial for alleged corruption starts next week. The 62-year-old faces a total of 35 charges, two of which are for corruption involving about SGD 166,000. Another 32 counts are for obtaining items worth more than SGD 237,000 as a public servant, while one is for obstructing the course of justice. Iswaran made two previous bids to obtain all the prosecution witness statements before his case goes to trial. These attempts were rejected by an assistant registrar at a criminal case disclosure conference and a High Court judge. Iswaran's charges relate to his dealings with hotel and property tycoon Ong Beng Seng, and Singapore Exchange-listed Lum Chang Holdings' managing director David Lum. The defence lawyers, led by Senior Counsel Davinder Singh, based their arguments on their interpretation of Section 214(1)(d) of the Criminal Proced

Navies of Singapore and China conduct bilateral maritime exercise

The navies of Singapore and China on Sunday began the third edition of a bilateral maritime exercise, underscoring the "longstanding, warm and friendly" defence ties between the two countries, according to an official statement. The Exercise Maritime Cooperation is being conducted between the Republic of Singapore Navy (RSN) and China's People's Liberation Army (PLA) from September 1 to 5, the Ministry of Defence here said in a statement. Its opening ceremony was held at the Ma Xie Naval Base in Zhanjiang, China, on Sunday, with about 200 personnel from both navies in attendance, The Straits Times newspaper reported. This is the third edition of the maritime exercise since its inauguration in 2015. The exercise underscores the "longstanding, warm and friendly bilateral defence relationship between both countries", the statement said. The Formidable-class frigate RSS Stalwart from Singapore is participating in the exercise. It will observe the conduct of various tasks by the PLA Na

PM Modi to visit Brunei, Singapore in first week of Sept to boost ties

Prime Minister Narendra Modi is scheduled to visit Brunei on September 3-4, seeking to further strengthen the bilateral cooperation in all existing sectors, the Ministry of External Affairs (MEA) said on Friday. This will be the first bilateral visit of an Indian prime minister to Brunei, MEA spokesperson Randhir Jaiswal said at his media briefing. The visit will also mark 40 years of the establishment of diplomatic ties between India and Brunei, he said. From Brunei, Modi is slated to visit Singapore on September 4-5 at the invitation of his Singaporean counterpart, the MEA said. Later, in a statement, the MEA said the prime minister is scheduled to visit Brunei Darussalam on September 3-4 at the invitation of Sultan Haji Hassanal Bolkiah. Brunei is an important partner in India's "Act East" policy and its vision of Indo-Pacific. The visit will further strengthen India's cooperation with Brunei in all existing sectors, including defence cooperation, trade and investment, energy,

Edtech firm ODA Class raises $500K from Singapore, China-based investors

Edtech firm ODA Class said on Thursday it has raised USD 500 thousand (about Rs 4 crore) in a fresh funding round from Singapore and China-based investors. Skywalker Education Technology Co Ltd. (Singapore), Hong Kong-based Daituzi Education Technology Corporation Limited, and Matrix Partners China invested in ODA Class during the series B funding round. "ODA Class has announced the completion of its series B funding round by securing USD 5,00,000. The company is supported by investors who believe in its mission, including Skywalker Education Technology Co. Ltd. (Singapore), Daituzi Education Technology Corporation Limited, and Matrix Partners China," ODA Class said in a statement. With this fresh funding round, the edtech firm has raised USD 12.75 million (about Rs 106 crore) from investors. The company raised USD 9 million in 2021, USD 3 million in 2022 and an additional USD 2,50,000 in 2023 "With the latest funding, we are well-positioned to enhance our technological ...