Page 29 - Singapore

Walmart's PhonePe to move headquarters from Singapore to India: Report

Walmart group digital payments firm PhonePe is planning to shift its headquarters from Singapore to India, according to a source privy to the development. Flipkart, the largest shareholder of the firm, will continue to remain headquartered in Singapore and there is no decision to shift its base. When contacted, a PhonePe spokesperson confirmed the development. "We are in the process of moving our registered entity from Singapore to India," the PhonePe spokesperson said. An email query sent to Flipkart elicited no reply. Flipkart had partially spun-off PhonePe in December 2020 to enable the payments firm to access dedicated capital to fund its long-term ambitions over the next three to four years. The e-commerce firm continues to be its biggest shareholder. As per the last fundraise of USD 700 million, about Rs 5,172 crore, PhonePe was valued at USD 5.5 billion. PhonePe had crossed the 250 million registered user milestone, with over 100 million monthly active users (MAU) genera

Here are the world's most (and least) powerful passports in 2022

Japan, Singapore and South Korea have the most powerful passports as the world continues to recover from Covid-19, reversing pre-pandemic rankings that were dominated by European nations

US' return as leading source of Indian remittances mirrors pre-2008 trend

North America had a high share of remittances before the global financial crisis

'Why so desperate?': BJP swipes at Kejriwal over Singapore visit request

Delhi BJP leaders including MPs Manoj Tiwari and Parvesh Verma attacked CM Arvind Kejriwal asking him why he was so "desperate" to visit Singapore to participate in a mayors' summit

Fail to understand why Centre is obstructing Singapore visit, says Kejriwal

He added that prominent leaders from all over the world will know about the Delhi Model at the summit which will enhance India's reputation in the international arena.

Political reason behind delay in nod for Singapore visit: Kejriwal

"I am not a criminal", said Delhi Chief Minister Arvind Kejriwal on Monday stressing there appears to a "political reason" behind the delay in granting him permission to visit Singapore for a summit

Muted protests on Gotabaya Rajapaksa's entry into Singapore amid SL crisis

Muted protests were organized by a handful of Singaporeans as ousted Sri Lankan president Gotabaya Rajapaksa arrived here last Thursday, leaving behind a economically-shattered country

Kejriwal writes to PM seeking speedy clearance for Singapore visit

Miffed over the pending clearance from the Centre for his proposed Singapore visit, CM Kejriwal wrote to Prime Minister Narendra Modi saying he has been waiting for the permission for over a month

SL: Gotabaya Rajapaksa to stay in Singapore, not travel to Middle East

The Sri Lankan President and his wife, who took Saudia Airlines flight SV788 to Singapore, were expected to travel to Jeddah

Singapore further tightens monetary policy, rises mid-point of its dollar

The Monetary Authority of Singapore (MAS) further tightened its policy stand by raising the mid-point of the Singapore dollar Nominal Effective Exchange Rate policy band to its prevailing level

Coronavirus update: Singapore reports 16,870 new cases, 3 more deaths

Singapore reported 16,870 new Covid-19 cases 15,978 local infections and 892 imported cases and three deaths as of Wednesday noon

Former Sri Lankan Prez Rajapaksa to leave for Singapore from Maldives

Former Sri Lankan President Gotabaya Rajapaksa, who landed in the Maldivian capital Male on a Sri Lankan Air Force plane, will be leaving for Singapore on Wednesday.

Nomura Singapore buys 1.25 mn shares of BLS International worth Rs 27 cr

Global financial services firm Nomura Singapore on Monday purchased 12.5 lakh shares of technology services provider BLS International Services Ltd for Rs 27 crore through an open market transaction. According to bulk deal data available with the National Stock Exchange (NSE), Nomura Singapore Ltd bought 12,50,000 shares of the company at an average price of Rs 214 apiece, aggregating to Rs 26.75 crore. Shares of BLS International Services closed 1.25 per cent higher at Rs 211 on NSE.

India needs to grow 8-10% in next 25 yrs to create more jobs: Singapore min

"You need the productive growth because it's the only way in which incomes are going to grow but you need a lot more job growth and it can be achieved," he said.

Ankiti Bose steps down from Zilingo board, was fired from firm in May

Bose was fired from the Singapore-based B2B e-commerce startup company on May 20 on grounds of financial irregularities

Crypto friendly Singapore mulls tougher restrictions amid meltdown

The Singapore government is planning to introduce additional tough measures to safeguard consumers from crypto meltdown, including restrictions on retail trading

Indian cryptocurrency exchange Vauld suspends withdrawals, trading

Company says it's looking for new potential investors as it considers the option of restructuring

Singapore reports 7,952 new Covid-19 cases, tally reaches 1,461,107

Singapore reported 7,952 new cases of Covid-19, bringing the total tally to 1,461,107

Singapore reports 11,504 new COVID-19 cases Tuesday, highest in 3 months

Singapore on Tuesday reported 11,504 new Covid cases, the highest in over 3 months, with Health Minister Ong Ye Kung warning people that the latest wave of infections has arrived sooner than expected

Singapore reports 7,109 new Covid-19 cases and one monkeypox infection

Singapore reported 7,109 new COVID-19 cases as of noon on Tuesday, comprising 6,393 local infections and 716 imported ones