Page 16 - Singapore

Singapore Tourism Board, PhonePe sign MoU to boost UPI for Indian tourists

The collaboration with the tourism board and the Bengaluru-based company builds upon the existing Unified Payments Interface (UPI) linkage between India and Singapore

MakeMyTrip, STB partner to promote Singapore to Indian travellers

Online travel service provider, MakeMyTrip Ltd on Tuesday said it has entered into a partnership with Singapore Tourism Board for promoting Singapore as a key destination to Indian travellers. The two partners have signed a Memorandum of Understanding (MoU) for a year-long strategic partnership to boost travel to Singapore, MakeMyTrip said in a statement. Under the MoU, Singapore Tourism Board (STB) and MakeMyTrip will embark on joint activations and campaigns to boost inbound travel to Singapore in 2024, it added. "Through this partnership, we want to deepen Indian consumers' brand affinity for Singapore and reinforce the city's appeal and enhanced offerings for various segments of Indian visitors," STB Chief Executive Melissa Ow said. STB will also tap into MakeMyTrip's market understanding and insights to curate unique travel holiday packages targeting consumers in India, the statement said. MakeMyTrip Co-Founder and Group CEO, Rajesh Magow said Singapore was one of the top th

Rupee most stable Asian currency in FY24 after Singapore, Hong Kong

Record inflows keep bond, currency market steady

Singapore attracts cyber espionage as host of high-profile global events

Cyberespionage is taking place all over the world and Singapore -- being one of the hubs for hosting high-profile trade exhibitions and conferences -- "inevitably" attracts intelligence operations, a report said on Friday. "Cyberespionage is happening all over the world because we are more connected than ever before," said Dr Alan Chong, senior fellow at the S Rajaratnam School of International Studies. Chong's comments came after Russian media earlier this month leaked a recording of a German military phone call that Berlin said was due to a participant dialling in through an "unauthorised connection" from a Singapore hotel during the February Singapore Airshow. "In terms of the geopolitical location of Singapore, to me it's no surprise. Since the Cold War, long before the digital age, we were already a base of operations for both the Communist and the Western powers," Channel News Asia quoted Chong as saying. Intelligence operations around the world will happen more frequently as

EAM's Singapore visit boosted efforts to deepen strategic partnership: MEA

External Affairs Minister S Jaishankar's visit to Singapore and his meetings with the country's top leadership presented an opportunity to take stock of the progress in several areas of cooperation and further deepen the bilateral Strategic Partnership, an official statement said. Jaishankar was in Singapore from March 23 to 25 during which he called on Singapore Prime Minister Lee Hsien Loong, Deputy Prime Minister and Finance Minister Lawrence Wong. They exchanged views on deepening engagement in the identified pillars of bilateral cooperation, including fintech, digitalisation, green economy, skills development and food security, India's Ministry of External Affairs said in a statement on Monday. Jaishankar also held discussions with his counterpart Foreign Minister Vivian Balakrishnan, on bilateral, regional and global issues of mutual interest. He had several bilateral engagements with the leadership and senior ministers of the Cabinet and discussed ways to further the strateg

EAM Jaishankar meets Singapore PM Lee to further deepen bilateral ties

External Affairs Minister Dr S Jaishankar on Monday called on Singapore Prime Minister Lee Hsien Loong, Foreign Minister Vivian Balakrishnan and other senior ministers and discussed ways to further the strategic bilateral ties, and the situation in the Indo-Pacific and West Asia regions. Jaishankar is on a three-day visit to Singapore and reached here on Saturday. He addressed the Indian diaspora on Sunday and met with investors on Saturday. "Honoured to call on Prime Minister @leehsienloong at The Istana. Conveyed the personal greetings of PM @narendramodi. Valued his perspectives on the current state of the world," Jaishankar posted on X. "His positive sentiments on India-Singapore relationship have always been a source of strength for our ties," Jaishankar said about Prime Minister Lee's support the bilateral relationship. Apart from foreign minister Balakrishnan, Jaishankar held separate meetings with Minister of Trade and Industry Gan Kim Yong and Senior Minister and ...

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's Indian-origin ex-minister faces charges for alleged corruption

Singapore's Indian-origin former Transport Minister S Iswaran on Monday was slapped with eight fresh charges in the alleged case of corruption taking the total charges that he now faces to 35. Iswaran, 61, pleaded not guilty to the new charges. The development comes barely a week after he returned to Singapore from a court-approved trip to Australia, which was extended due to his illness. The eight new charges are under Section 165 of the Penal Code and include allegations that he obtained valuable things, including bottles of whisky, golf clubs and a Brompton bicycle from a man called Lum Kok Seng, reported Channel News Asia. The Corrupt Practices Investigation Bureau (CPIB) said in a separate statement on Monday that the items have a total value of SGD 18,956.94 (USD14,080). The transactions occurred when Iswaran's official function as then-Transport Minister dealt with the business Lum had with the Land Transport Authority (LTA) through his company Lum Chang Building ...

Singapore President Tharman Shanmugaratnam arrives in Rajasthan's Jodhpur

His visit to India comes at a time when External Affairs Minister S Jaishankar is on a visit to Singapore

Jaishankar urges Singapore's biz community to invest in India's chip sector

External Affairs Minister S Jaishankar on Saturday briefed Singapore's business community about the strides taken by India in the field of manufacture of semiconductors and appealed to them to invest in this key sector in the country. Jaishankar spoke about how machines for the manufacture of semiconductors have started coming (to India) and also how India is progressing towards establishing the first three plants for this multi-billion dollar industry. There is a degree of purpose and seriousness as well as investment going into manufacturing that has not been seen for a long time, the Minister told a 300-plus audience, mostly Singapore-based members of the business community. He was answering questions at the Institute of South Asian Studies (ISAS) of the National University of Singapore (NUS) after a lecture on his book Why Bharat Matters.' A very productive interaction with leading Singaporean Corporate figures. ... Appreciate their positive feedback on the India growth story,

Jaishankar begins Singapore visit by paying homage to Bose, INA soldiers

External Affairs Minister S Jaishankar began his three-day visit to Singapore by paying homage to Netaji Subhash Chandra Bose and the Indian National Army soldiers at a war memorial here on Saturday. "Began my Singapore visit by paying homage to Netaji and the brave Indian National Army soldiers. The INA Marker in Singapore recognises their deep patriotism and indomitable spirit that remain an inspiration for generations to come," the minister posted on X. Jaishankar during his visit will meet the top leaders of Singapore, including Prime Minister Lee Hsien Loong, according to an official statement. Jaishankar's visit underscores the close friendship between Singapore and India and will be a good opportunity for both sides to exchange views on regional and global developments as well as to continue discussions on the good progress in bilateral cooperation, Singapore's Ministry of Foreign Affairs said in a statement. "India's EAM Dr S Jaishankar will call on Prime Minister Lee Hsien

Jaishankar to visit Singapore from March 23-25; to meet PM Lee Hsien Loong

External Affairs Minister S Jaishankar will be on a three-day visit to Singapore from Saturday, during which he will meet the top leaders of the country, including Prime Minister Lee Hsien Loong, according to an official statement. Jaishankar's visit underscores the close friendship between Singapore and India and will be a good opportunity for both sides to exchange views on regional and global developments as well as to continue discussions on the good progress in bilateral cooperation, Singapore's Ministry of Foreign Affairs said in a statement. "India's EAM Dr S Jaishankar will call on Prime Minister Lee Hsien Loong, Deputy Prime Minister and Minister for Finance Lawrence Wong, and Senior Minister and Coordinating Minister for National Security Teo Chee Hean during his visit to Singapore," the statement said. He will also meet his counterpart Minister for Foreign Affairs Dr Vivian Balakrishnan, Minister for Trade and Industry Gan Kim Yong, and Minister for Home Affairs and Law .

Singapore GIC's domestic equity holdings rises 32% to Rs 2.14 trn in a year

According to NSDL data, SWFs account for about 7 per cent of the overall foreign portfolio investor-assets under custody (FPI-AUC)

Singapore expects over 1.5 million tourists from India in 2024: STB

Expecting over 1.5 million Indian tourists this year, Singapore is focusing on increasing its hospitality infrastructure such as hotel rooms, and working on seamless and easy visas for them, a senior tourism official said on Wednesday. Before the pandemic-induced lockdown, Singapore had received 1.4 million tourists from India in 2019, which then recovered to 1.1 million in 2023. In 2024, the Singapore Tourism Board (STB) expects the number to go past the 2019 strength even as it acknowledged the potential of getting over 1.5 million visitors though it has not set any target given the huge tourism potential of the Indian market. With three offices in Mumbai, Delhi and Chennai, the STB is working on getting seamless and easy visas for Indian tourists, Poh Chi Chuan, executive director of Exhibition & Conference at the Singapore Tourism Board (STB) told PTI. The island state is building infrastructure for tourists and business travellers, such as 9,000 new hotel rooms that are being

EAM S Jaishankar to pay 5-day visit to Singapore, Philippines, Malaysia

External Affairs Minister S Jaishankar will pay a five-day visit to Singapore, the Philippines and Malaysia beginning March 23 with an aim to boost bilateral ties and discuss regional issues of "mutual concern". Jaishankar's first destination is expected to be Singapore. "External Affairs Minister S Jaishankar, at the invitation of his counterparts, will be on an official visit to Singapore, Philippines and Malaysia from March 23 to 27," the Ministry of External Affairs (MEA) said in a brief statement on Saturday. "The visit will focus on enhancing bilateral relations with the three countries, and would provide an opportunity for engagement on regional issues of mutual concern," it said. The overall situation in the strategic waters, including the South China Sea and Red Sea, are likely to figure in Jaishankar's talks with his counterparts in the three countries. There have been growing global concerns over China's sweeping claims of sovereignty over all of the South China Sea, a

India-Singapore lock key MoU on law, dispute resolution to boost ties

The MoU will boost cooperation between India and Singapore on a range of fields, including international commercial dispute resolution

UBS starts job cuts at HK, Singapore wealth units after profit slump

Wealth generation in China has stalled as the nation's economy struggles to regain momentum amid a property crisis and a selloff in equities

Will bring more investments from Singapore into India: Envoy Shilpak Ambule

The Indian High Commission here is working to get more and more investments into India's burgeoning economy led by aggressive progress being made in infrastructure, renewable energy and advanced technology space, envoy Shilpak Ambule has said. The High Commissioner listed three factors driving the growth saying for India, it will be a green growth with the development of renewable energy, while digital infrastructure has been put in place for smoother flow of economic activities and thirdly it will be sustainable growth. "We are very much committed to getting more investments from Singapore into India which is a growth story," the High Commissioner said at the '2024 Budget Analysis Singapore and India' event here on Tuesday evening. He also highlighted the wide range of economic activities driving the India growth story like continuing efforts on skilling youths, development of advanced technologies like semiconductors and efforts towards the growth of rural economy and empowering

'Singapore will do everything to extend help to those affected in Gaza'

Singapore's Home Affairs and Law Minister K Shanmugam said on Saturday that his country would do whatever best possible to extend help to those affected in Gaza amidst the ongoing Israel-Hamas war. Speaking at Soka Kindergarten in Tampines on the east coast of the prosperous city-state, where volunteers had gathered to pack supplies for children in Gaza, Shanmugam said that the continued efforts to those affected in Gaza showed who exactly Singapore is as a society, the Channel News Asia reported. "The continued efforts to raise funds and send aid to Gaza are a demonstration of who we are as a society, coming together across different religious groups to try and help," said Shanmugam. Interfaith non-profit group Humanity Matters organised the event, ahead of a possible ceasefire in Gaza. The group aimed to assemble 5,000 comfort packs, each comprising a backpack, an inflatable pillow, vitamin gummies, snack treats, a water bottle, a stress ball and a stuffed toy, according to the .

DBS CEO Piyush Gupta's total pay declined 27% to $8.3 million in 2023

In 2022, Gupta received a salary of SGD 15.4 million