Page 8 - Singapore

Former transport minister of Singapore placed in home detention- Here's why

The former Singapore minister pleaded guilty last year to four charges under Section 165 of the Penal Code for receiving valuables from individuals in an official capacity

Singapore passes new law on racial harmony, to check foreign interference

A new law consolidating existing statutes to preserve racial harmony and providing safeguards against foreign interference has been passed unanimously in the Singapore Parliament. New safeguards against foreign interference will be introduced in multi-racial Singapore where some 300 clan and business associations are to be designated as race-based entities subject to disclosures, such as receiving foreign donations. The law was passed on Tuesday. While the authorities already had powers to deal with conduct that threatened racial harmony, Home Affairs and Law Minister K. Shanmugam said the Bill brought these powers together in one place, while affirming the importance of racial harmony in the multi-ethnic city-state. The new law empowers the authorities to issue restraining orders against individuals involved in making content that prejudices Singapore's racial harmony, taking close reference from the existing Maintenance of Religious Harmony Act (MRHA). It also introduces a commu

Singapore's DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor

Quick commerce unicorn Zepto completes reverse flip from Singapore to India

Sharing the update, Zepto co-founder and chief executive officer, Aadit Palicha, said the company has received formal approval from Singaporean courts and the National Company Law Tribunal (NCLT)

Singapore High Court allows WazirX parent to hold creditors' meet

The crypto exchange said it will notify creditors with details of this process

India-Singapore working on semiconductor ecosystem: Prez Shanmugaratnam

Asserting that India is emerging as a major pole in world economy, Singapore President Tharman Shanmugaratnam on Saturday said his country was trying to contribute to the semiconductor ecosystem and the air connectivity sector. "India aspires to be a pole in its own right, in a multipolar world that is true geopolitically, but it is also true economically. India is emerging as a major pole of the global economy. India is a nation with which we would like to collaborate," he said, while briefing the media at the end of his two-day tour to Odisha. "Because of its demographics, its own development processes, and significant potential in its export economy, India is a nation that Singapore would likely collaborate with," he added. Stating that "India's priorities and Singapore's priorities are also very similar," the President added, "According to the priorities established under the India-Singapore Ministerial Roundtable, the two governments are working together to develop the ...

Singapore President Shanmugaratnam embarks on 2-day visit to Odisha

Singapore President Tharman Shanmugaratnam arrived in the Odisha capital on Friday on a two-day visit to the state, during which several memorandums of understanding (MoUs) will be signed between the island country and the coastal state. Odisha chief minister Mohan Charan Majhi, Union education minister Dharmendra Pradhan, chief secretary Manoj Ahuja and other senior officials welcomed President Shanmugaratnam and his delegation at the Biju Patnaik International Airport in Bhubaneswar. "His Excellency Mr @Tharman_S, President, Republic of Singapore receives a warm welcome from Hon'ble CM Shri @MohanMOdisha at Bhubaneswar Airport. A moment of pride as #Odisha hosts the esteemed leader, strengthening bonds of friendship and collaboration," the CMO posted on X. The President, who is accompanying a high-level delegation, including ministers, MPs, and officials, went to a reputed hotel where he is scheduled to hold discussions with Majhi and other officials later in the day to boost trad

Odisha to sign eight MoUs during Singapore President's two-day visit

Singapore President Tharman Shanmugaratnam is scheduled to visit Odisha for two days starting Friday, during which at least eight MoUs will be signed between the island country and the coastal state. The Singapore President's visit is coming to Odisha just days ahead of the business conference 'Utkarsh Odisha: Make-in-Odisha conclave', slated for January 28 and 29. Accompanied by a high-level delegation, including ministers, MPs, and officials, President Shanmugaratnam will arrive in Bhubaneswar at 11.30 am. Odisha Chief Minister Mohan Charan Majhi, other ministers and senior officials will meet him in a hotel later. In the afternoon, he will attend signing of the MoU seeking to extend cooperation in Technical and Vocational Education and Training (TVET) to further enhance the skill development ecosystem, particularly for the semiconductor industry in the state. Another MoU will be signed between Odisha Industrial Infrastructure Development (IDCO) and Sembcorp, Singapore. For the

Gadkari holds talks with Singapore Prez, discusses sustainable fuel options

Gadkari further noted that both sides agreed to explore further collaboration in sustainable aviation fuel, green hydrogen, and ammonia

Singapore key pillar of India's Act East policy, says President Murmu

President Droupadi Murmu on Thursday said that Singapore is a key pillar of India's Act East policy and the growing bilateral partnership will bring immense benefits to people of both countries. Welcoming Singapore President Tharman Shanmugaratnam and his delegation to the Rashtrapati Bhavan here, the president said that with a shared history, long tradition of friendship based on trust and mutual respect, and extensive cooperation across a wide range of areas, India-Singapore cooperation has gained further momentum in recent years. She also hosted a banquet in his honour. Murmu said that Singapore is a key pillar of India's Act East policy and "our vision of the Indo-Pacific". "Our shared belief in democratic values also connects us with each other," the president was quoted as having said in a statement issued by her office. Both leaders agreed that as India steadily moves towards becoming the world's third largest economy, the growing India-Singapore partnership will bring imme

FM Sitharaman meets Singapore president to discuss strategic partnership

Finance Minister Nirmala Sitharaman on Thursday called on Singapore President Tharman Shanmugaratnam and discussed Comprehensive Strategic Partnership during the bilateral meeting. "Honoured to meet with His Excellency the President of the Republic of Singapore @Tharman_S. India values its comprehensive strategic partnership with Singapore. This visit by the President will strengthen our bilateral relationship which marks its 60th anniversary," the Finance Minister said in a post on X. India-Singapore relations were elevated to Comprehensive Strategic Partnership during the visit of Prime Minister Narendra Modi to Singapore in September 2024. The president is accompanied by Chee Hong Tat, Second Minister for Finance and Minister for Transport. "The two leaders discussed #ComprehensiveStrategicPartnership between the two countries highlighting sectors such as #fintech, #digital technologies, #semiconductor ecosystem and #skill development. Both sides expressed confidence in expandin

Singapore President T Shanmugaratnam arrives on 5-day India visit

President of Singapore Tharman Shanmugaratnam arrived here on Tuesday night on a five-day visit that aims to further boost bilateral ties in a range of areas. Shanmugaratnam, accompanied by a high-level delegation, was received at the airport by Union Minister Jitin Prasada. It is his first visit to India as the Singapore president. "A special celebration of 60th anniversary of #IndiaSingapore diplomatic relations. President @Tharman_S of Singapore arrives in New Delhi on a State Visit," External Affairs Ministry spokesperson Randhir Jaiswal said on 'X'. On Thursday, Tharman will be accorded a ceremonial welcome at the Rashtrapati Bhavan. In the evening, he will hold discussions with President Droupadi Murmu following which Prime Minister Narendra Modi will meet him. The Ministry of External Affairs (MEA) said Tharman's visit is expected to provide further momentum to the bilateral relations. "President Tharman's visit is expected to provide further momentum to bilateral relatio

Singapore Prez to visit India on Jan 15 to mark 60 yrs of diplomatic ties

The relationship got a major boost last year after the India-Singapore ministerial roundtable, followed by Prime Minister Modi's visit to Singapore last year, according to diplomatic sources

India's ranking drops to 85th in Henley Passport Index, Singapore tops

India's ranking has dropped by five points to 85 this year in a global passport index, topped by Singapore for the second consecutive year. The data draws from Henley Passport Index released by citizenship advisory firm Henley & Partners on Wednesday. "With historical data spanning 19 years, the Henley Passport Index is the only one of its kind based on exclusive data from the International Air Transport Authority (IATA). The index includes 199 different passports and 227 different travel destinations," according to its website. The index is considered the standard reference tool for global citizens and sovereign states when assessing where a passport ranks on the global mobility spectrum, it said. As per the index for 2025, India stands at 85th while the ranking of Pakistan and Bangladesh stood at 103rd (101st in 2024) and 100th (97th in 2024), respectively. India's ranking in the Henley Passport Index for 2024 was 80th globally. According to a data chart available on the firm's

For the first time, CBI posted three officials in INTERPOL for cooperation

A senior official confirmed that for timely redressal of issues related to transnational crimes and tracking fugitives, they have stationed three CBI officers - two in France and one in Singapore

Singapore and Malaysia to finalise deal creating vast economic zone

Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong will officiate a ceremony on Tuesday for the economic zone in Malaysia's southern state of Johor

Singapore concerned over increasing 'sham marriages' with foreign women

Singapore authorities are concerned over the increase in sham marriages or marriages of convenience between Singaporean men and foreign women, which most of the time involves a syndicate and could lead to social problems. The Immigration and Checkpoints Authority (ICA) has highlighted the concern and reported that "sham marriages" have increased to 32 cases between January and September last year compared to just four cases during the same period in 2023. A media report cited ICA as saying that arrests of people involved in "sham marriages" followed vigorous investigations into a suspected syndicate arranging such arrangements between Singaporean men getting paid for marrying foreign women. "Sham marriages" in Singapore often involve a foreign woman paying a Singaporean man money for a union to be arranged, so she can get a permit to stay or work here, reported The Straits Times on Sunday. A marriage of convenience is when two people tie the knot for the sole intention of acquiring

Singapore oil tycoon Lim Oon Kuin declared bankrupt after empire crash

The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having been issued a bankruptcy order on Dec. 19, the government gazette showed

Singapore pulls ahead of Hong Kong in race to become digital-assets hub

Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR

Singapore Post fires CEO, senior executives after whistleblowing report

Three managers were dismissed for the violations, and a police report was filed against them