Page 28 - Singapore

Singapore government to repeal colonial-era law criminalising gay sex

The Singaporean government is set to repeal a colonial-era law that criminalises consensual sex between men, Prime Minister Lee Hsien Loong said

Singapore will pip Oz to be Asia's millionaire capital by 2030: HSBC

The financial hub is expected to top the list in Asia-Pacific followed by Australia, Hong Kong and Taiwan, the bank wrote in a report Tuesday

1% of India's adult population likely to be millionaires by 2030: Report

According to HSBC Holdings Plc. report in Bloomberg, Singapore will take over Australia and have Asia's highest share of millionaires in the adult population by 2030

Gotabaya Rajapaksa to return to Sri Lanka on August 24, says his cousin

Gotabaya Rajapaksa will return to Sri Lanka on August 24, his cousin Udayanga Weeratunga said on Wednesday, over a month after the former president fled the country amid mass anti-government protests over an unprecedented economic crisis. Sri Lanka, a country of 22 million people, is grappling with its worst economic turmoil in seven decades, leaving millions struggling to buy food, medicine, fuel and other essentials. The massive protests that began in March culminated with Rajapaksa's resignation. "He talked to me on the phone, I can tell you he will return to the country next week, said Weeratunga, who was Sri Lanka's ambassador to Russia from 2006 to 2015. Rajapaksa could return on August 24, he said, adding that the ousted president should not be re-elected for political positions. But he can still do some service to the country as he had done previously, Weeratunga said of the 73-year-old former Sri Lankan president. Rajapaksa is currently staying at a hotel in Bangkok in th

Indian venture debt platform 8vdX expands to UK, Singapore and Australia

An Indian technology-enabled venture debt platform for early stage start-ups on Wednesday announced its expansion to the UK market. 8vdX said its aim is to offer cross-border venture debt, or a type of finance, to start-ups through local entities in the new geography. By 2024, 8vdX said it aims to fund 100 start-ups with assets under management (AUM) of USD 200 million and also has plans to expand to other countries such as Singapore and Australia. We are delighted to announce the expansion of our operations in key markets like Singapore, UK and Australia within just eight months of launching 8vdX, said Ravi Chachra, Co-Founder of 8vdX. We aim to offer a cross-border venture debt solution to the start-ups in these countries so that founders can spend more time on their businesses and less time on chasing small ticket investors. Start-ups do not require the flip' process in order to raise cash. "We are working to solve a significant problem that start-ups and rapidly expanding ...

Gautam Adani to address Forbes Global CEO Conference in Singapore

Adani Group Chairman Gautam Adani will join Singapore Deputy Prime Minister and Finance Minister Lawrence Wong to address the Forbes Global CEO Conference in Singapore on September 26-27. Some 400 leading CEOs, entrepreneurs and investors are expected to convene at the 20th Forbes Global CEO Conference to share insights, spotlight opportunities and stake out the way forward, Forbes Media announced on Wednesday in Singapore. Adani will be making a keynote speech on the second day of the conference, where, to date, some 40 speakers have confirmed their participation. One of the highlights on the opening day of the conference is a one-on-one dialogue between Wong and Steve Forbes, Chairman and Editor-in-Chief of Forbes Media. Among the speakers are Indian business leaders such as Ajay Banga, Vice Chairman of General Atlantic, Byju Raveendran, Founder and CEO of Byju's and Adar Poonawalla, CEO of Serum Institute of India. William Adamopoulos, CEO/Asia, Forbes Media, said, We are delig

Ex-Sri Lankan President Gotabaya arrives in Thailand from Singapore

The Thailand Foreign Ministry said it received a request from Rajapaksa to visit the country with no intention of seeking political asylum.

'Gotabaya leaves Singapore for Thailand as short-term visit pass expires'

Sri Lanka's ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report. Rajapaksa boarded a flight from Singapore to Bangkok, after Thailand confirmed a day before that it had received a request from the current Sri Lankan government for him to visit the country. Responding to media queries, Singapore's Immigration & Checkpoints Authority said that Rajapaksa left Singapore on Thursday, The Straits Times newspaper reported. Prime Minister Prayut Chan-o-cha on Wednesday confirmed a temporary visit to Thailand by the 73-year-old embattled Sri Lankan leader for humanitarian reasons, and said he promised not to conduct political activities in the kingdom during his search for permanent asylum in another country. Rajapaksa, who is currently in Singapore after fleeing Sri Lanka in July amid mass anti-government protests, is seeking refuge in Thailand as his Singapore visa runs out on Thursday. After ...

Singapore-based crypto lender Hodlnaut freezes withdrawals, deposits

Cryptocurrency lender Hodlnaut has announced to freeze withdrawals, token swaps and deposits amid the harsh crypto winter.

India's digital identity 'clear opportunity' for country: Singapore FM

Singapore Foreign Minister Vivian Balakrishnan has praised India for its digital identity and payment systems and said that it is a "clear opportunity" for the country.In Saturday's statement after his meeting with External Affairs Minister S Jaishankar in Cambodia, Balakrishnan noted two basic areas including certain strengths which India has and economic integration."India has certain strengths - FinTech, digital finance, digital inclusion, and what they have done with digital identity and payment systems, is a clear opportunity for us," the Singapore Foreign Minister said."In Singapore, of course, we have all those systems as well, but for the rest of Southeast Asia, to explore how we can interconnect our payment systems, our financial systems, in order to facilitate payments and expand opportunities for small businesses across the subcontinent and across into Southeast Asia," he added.Furthermore, Balakrishnan stated: "We are reviewing the ASEAN-India Trade in Goods Agreement to ..

Former Lanka Prez Gotabaya to stay in Singapore for two more weeks: Report

Rajapaksa, who is currently staying in Singapore, was expected to depart the country on August 11 when his visa expired.

How a celebrity CEO's rule of fear helped bring down hot startup Zilingo

The story of how globetrotting tech star Ankiti Bose built and lost one of Asia's most vaunted startups

CWG 2022, Table Tennis: Indian men's team beats Singapore; clinches gold

With this, India team defended their title as it had also won the gold in 2018 at Gold Coast CWG with 3-1 win over Nigeria in the final.

RJD chief Lalu Prasad to soon go to Singapore for kidney transplant

Sudhir Kumar Sinha, Lalu Prasad's lawayer has moved an application pertaining to renewal of his client's passport in the special CBI court of Justice Mahesh Kumar in Patna.

Rajapaksa not accorded any privileges, immunity by Singapore govt: Minister

Former Sri Lanka president Gotabaya Rajapaksa, who fled his country amid massive protests, was not being provided any privileges, immunity or hospitality, Singapore Foreign Affairs Minister said.

US House Speaker Pelosi meets Singapore leaders at start of Asia tour

US House Speaker Nancy Pelosi held talks with officials in Singapore on Monday at the start of her Asian tour, as questions swirled over a possible stop in Taiwan that has fueled tension with Beijing. Pelosi met with Singaporean Prime Minister Lee Hsien Loong, President Halimah Yacob and other Cabinet members, the Foreign Ministry said. Lee welcomed a US commitment to strong engagement with the region, and the two sides discussed ways to deepen US economic engagement through initiatives such as the Indo-Pacific Economic Framework, the ministry said in a statement. Lee and Pelosi also discussed the war in Ukraine, tensions surrounding Taiwan and mainland China, and climate change, it said. Lee highlighted the importance of stable US-China relations for regional peace and security," it added, in an apparent allusion to reports that Pelosi may visit Taiwan. In a statement over the weekend, Pelosi said she will visit Singapore, Malaysia, South Korea and Japan to discuss trade, the ...

Singapore allows ex-Lankan President Gotabaya to extend stay by 14 days

The Singapore government has allowed former Sri Lankan president Gotabaya Rajapaksa to extend his stay in the country for another 14 days after he fled the crisis-hit island nation

Former president Gotabaya Rajapaksa to return: Sri Lankan Minister

"I don't agree that the former President is in hiding in Singapore because he had followed the official procedure and gone to Singapore obtaining an legitimate visa," the Minister said

Broking houses cut target price for RIL after disappointing Q1 show

Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420

Criminal complaint filed against Rajapaksa in Singapore for 'war crimes'

South Africa-based rights group has submitted a criminal complaint to the Attorney General of Singapore requesting the arrest of former Sri Lankan President, Gotabaya Rajapaksa, for alleged war crimes