Page 5 - Singapore

ICG reports major milestone in dousing fire on Singapore-flagged cargo ship

The Indian Coast Guard on Friday said it has achieved a "major milestone" in the ongoing operation to suppress fire onboard a Singapore-flagged cargo vessel that occurred following a container explosion on June 9, as its towing commenced to keep away the ship away from the coast. The incident had occurred at approximately 9.20 am IST, around 44 nautical miles off Azhikkal in Kannur district of Kerala and 130 nautical miles northwest of Kochi. "Major milestone in the ongoing operation to suppress the fire onboard MV WAN HAI 503 and protect marine environment! @IndiaCoastGuard ships undertaking FF Op enabled tow connect up of Salvage vessel in extremely challenging and daunting operation. @indiannavy Sea King helicopter was tasked by #HQSNC to winch down salvors who shifted the tow from #ICG ships to Salvage Tugs," the ICG posted on X. It also shared some photos of the ongoing operation. "The tow has now commenced and the vessel is being pulled to keep away from our coast! ICG fire .

Singapore PM sends condolences to AI-171 crash victims in letter to PM Modi

Singapore Prime Minister Lawrence Wong has written a letter to his Indian counterpart Narendra Modi to extend condolences to the families and loved ones of the victims of the tragic Air India plane crash in Ahmedabad. The London-bound aircraft crashed shortly after takeoff from the Ahmedabad airport on Thursday, killing 241 people on board. I was deeply saddened to learn of the tragic crash of Air India Flight AI171 on June 12, 2025. On behalf of the Government of Singapore, I extend my deepest condolences to the families and loved ones of the victims of the crash, Wong wrote in the letter on Thursday. In this time of sorrow, Singapore stands in solidarity with India and the countries whose citizens were impacted by the devastating incident, he wrote. Singapore Foreign Affairs Minister Vivian Balakrishnan has also sent a condolence letter to External Affairs Minister S Jaishankar. Please accept my deep condolences on the tragic crash of Air India Flight AI171 on June 12, 2025. My

S'pore-backed Prestige Estates Projects bets on India's entertainment boom

The developer, which counts Blackrock Inc. and Vanguard Inc. as its investors, plans to allocate 40 per cent space in malls to entertainment and restaurants

Taiwan thanks Indian Navy for swift rescue of S'pore-flagged ship's crew

The appreciation comes as the Indian Coast Guard is continuously working to combat the fire that engulfed the Singapore-flagged container ship MV Wan Hai 503

18 rescued from blaze-hit container ship brought to Mangaluru by INS Surat

Eighteen crew members rescued from the blaze-hit Singapore-flagged container ship were safely brought to the New Mangalore Port Authority (NMPA) Coast Guard berth at Panambur by Indian Naval Ship INS Surat. Among the rescued, two are said to be in critical condition, while four sustained minor injuries and 12 others suffered varying levels of trauma. The injured were evacuated and transported to AJ Hospital in Kuntikana here late on Monday night. The critically injured were stabilised onboard INS Surat, and shifted on arrival under close medical supervision. Immediate evacuation was our priority, a Coast Guard official told reporters. He added that immigration, port, and police authorities worked in unison to ensure a seamless handover and medical transfer. The ship MV Wan Hai 503, which caught fire on Sunday in the Arabian Sea off Kerala coast, had 22 crew members on board. While 18 have now been rescued, four remain unaccounted for. Search and rescue operations are ongoing. Por

Top Indian dealmakers earn 37% more than Singapore, Hong Kong peers

India is seeing a boost from a rebound in investments even as global trade uncertainties weigh on the country's broader outlook

Fire erupts on Singapore-flagged container vessel off Kerala coast

An explosion was reported on board the Singapore-flagged container ship MV Wan Hai 503 off the coast of Kerala on Monday morning, a Defence PRO said here. The underdeck blast was first reported at around 10.30 am by the Maritime Operations Centre in Mumbai to their counterparts in Kochi. The 270-metre-long vessel, with a draught of 12.5 metres, had left Colombo on June 7 and was en route to Mumbai, expected to arrive on June 10. "On 09 Jun 25, at about 1030 h, MOC (Koc) received an information from MOC (Mbi) about a reported underdeck explosion onboard MV Wan Hai 503. The vessel is a Singapore Flag Container ship, 270 m long and draught 12.5m with LPC Colombo," the PRO said in a communication. He said in response, the Indian Navy diverted INS Surat, which had been scheduled to dock in Kochi, to provide immediate assistance. The Western Naval Command redirected the vessel at 11 am, the PRO said. A Navy Dornier aircraft sortie is also being planned from the naval air station INS Ga

Fintech firm Decentro initiates reverse-flip process from Singapore

This comes at a time when the Bengaluru-based firm is raising about ₹30 crore as part of the Series-B funding round led by InfoEdge Ventures

Singapore court rejects restructuring plan of WazirX parent Zettai

Zettai's failure to disclose a Panama-based subsidiary led Singapore High Court to reject its crypto restructuring plan, delaying payout of seized digital assets

Piyush Goyal discusses opportunities in Indian shipping sector with S'pore

Commerce and Industry Minister Piyush Goyal on Tuesday held a meeting with Singapore's Deputy Prime Minister Gan Kim Yong and discussed ways to boost economic ties and huge opportunities in the Indian shipping sector. Goyal is here on an official visit to meet French leaders and businesses to host trade and investments between the two countries. In the last three-days, the minister has held a series of meetings with top CEOs and ministers, including International Energy Agency ED Fatih Birol, Nigeria's trade minister Jumoke Oduwole, French minister of economy and finance Eric Lombard, automotive supplier company Valeo Group CEO Christophe Perilat, and L'Oreal Groupe CEO Nicolas Hieronimus and highlighted huge investment opportunities in India. Goyal, in a post on X, said that he held a meeting with Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry. "Discussed enhancing our bilateral trade & investment ties. Also, highlighted the tremendous ...

Singapore leads as India's largest FDI source for seventh straight year

Singapore continued to be India's largest source of foreign direct investment (FDI) for the last seven years, as the country received the highest inflows of about USD 15 billion in 2024-25. The overseas inflow grew 13 per cent to USD 50 billion in the last fiscal. The total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 14 per cent to USD 81.04 billion during the last financial year. It is the highest in the last three years. FDI from Singapore in 2024-25 increased to USD 14.94 billion from USD 11.77 billion in 2023-24, according to the latest government data. Singapore accounted for around 19 per cent of total inflows in 202425. Since 2018-19, Singapore has been the largest source of such investments in India. In 2017-18, India attracted the maximum FDI from Mauritius. In the last fiscal, the country received USD 8.34 billion in foreign inflows from Mauritius. During 2024-25, Mauritius was followed by the US (USD 5.45 billion), the Netherland

All-party delegation led by Sanjay Jha meets Indian envoy in Kuala Lumpur

The High Commissioner provided the delegation with an in-depth briefing on India's ties with Malaysia

Macron, Hegseth to address China, Ukraine war at Singapore security forum

French President Emmanuel Macron and US Defence Secretary Pete Hegseth are among the world leaders, diplomats and top defence officials in Singapore this weekend for a security forum that will focus on China's growing assertiveness, the global impact of Russia's war on Ukraine and the flare-up of conflicts in Asia. Macron opens the conference with a keynote address Friday night that is expected to touch on all of those issues, as well as the pressure the hefty tariffs announced by US President Donald Trump's administration is putting on Asian allies. It's Hegseth's first time to the Shangri-La dialogue, hosted by the International Institute for Security Studies, which is taking place against the backdrop of heightened rhetoric between Beijing and Washington due to the Trump administration's threat of triple digit tariffs on China, and some uncertainty in the region over how committed the US is to the defence of Taiwan, which also faces possible 32 per cent American tariffs. China ..

China's development lender AIIB plans to open Singapore, Hong Kong offices

The bank may announce the move at its annual meeting in June if it can finalise the host member agreements with their respective governments

All-party delegation briefs Singapore minister on India's anti-terror stand

An all-party parliamentary delegation in a meeting with a senior Singaporean minister conveyed India's stance on the events since the terror attack in Pahalgam, Operation Sindoor and the new normal in its policy of combating terrorism. The delegation led by JD(U) Rajya Sabha MP Sanjay Kumar Jha arrived here from South Korea. "All-Party Parliamentary Delegation called on H E Ms Sim Ann, Senior Minister of State for Foreign Affairs and Home Affairs of Singapore. The delegation conveyed India's stance on the events since the terror attack in Pahalgam, Operation Sindoor and the new normal in India's policy of combating terrorism," the High Commission of India in Singapore posted on X. During their stay here, the delegation will meet with Singaporean Ministers, Members of Parliament, representatives of think tanks, academia, businesses, media and the Indian community. Earlier, High Commissioner Shilpak Ambule briefed the delegation, setting the context for engagements in Singapore to .

Myntra launches Myntra Global in Singapore, targets Indian diaspora

Myntra Global, Indian fashion, Singapore launch, Nandita Sinha, Walmart, cross-border shopping, Indian diaspora, online retail, made-in-India, fashion exports

Myntra goes global with Singapore launch, targets Indian diaspora

Fashion and lifestyle e-commerce platform Myntra on Monday announced its foray into Singapore as part of its growth strategy. The move, targeted at around 650,000 Indian diaspora in the Lion City, is part of Myntra's broader growth strategy, aiming to tap into new customer segments and build stronger international brand affinity over the coming years, Myntra said in a statement. Myntra has already observed notable organic interest, with around 30,000 users from Singapore visiting its existing platform, Myntra CEO Nandita Sinha said. "We have launched Myntra Global in Singapore, focused on presenting Indian fashion to the world. Made in India brands, which cater to the Indian diaspora, especially around Indian needs, are what we are bringing to the customers. "We have a huge Indian diaspora in a country like Singapore -- almost 650,000 Indians live in Singapore. As we were going through our data...we realised that almost 30,000 of these users are actually visiting us every month. We

Covid-19 spike in Hong Kong, Singapore not yet a concern for India: Experts

Doctors advise calm as India sees just 58 new Covid-19 cases amid a rise in HK and Singapore; experts highlight low hospitalisation and no serious strain currently

Jindal family sells stake worth ₹1.2K crore to fund AkzoNobel India buy

Jindal family sells ₹1,210 crore worth of shares in JSW Infra to comply with MPS norms and raise funds for JSW Group's proposed acquisition of Akzo Nobel India

Covid-19 wave returns in Asia, cases increase in Hong Kong, Singapore

Covid-19 cases are rising sharply across Asia, with Hong Kong, Singapore, China, and Thailand reporting spikes. However, despite rising cases elsewhere in Asia, India has not reported any increase