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Singapore in September 2024 was his second official visit to Singapore, the first being in 2016. Globally, there have been significant changes between 2016 and 2024, but this visit symbolised an enduring continuity in relations between India and Singapore over the last few decades. This visit was significant for the key reasons.

BCG index). India, on its part, has a relatively inexpensive but strong talent pool in software engineering, industrial equipment and IC design, and is home to over 2,000 semiconductor design engineers.

Singapore will start construction of a new mega terminal at Changi Airport in the first half of next year, aiming to lift the aviation hub's annual passenger handling capacity by more than half, Prime Minister Lawrence Wong said. The new Terminal 5 would add capacity for another 50 million passengers a year when operational in the mid-2030s, up from 90 million, and would allow the aviation hub serve more than 200 destinations, from almost 150 now. «We will break ground for the construction of T5 in the first half of next year,» Wong said at a dinner on Friday celebrating the 40th anniversary of the nation's civil aviation authority.

Narendra Modi accompanied by his Singapore counterpart Lawrence Wong on Thursday visited a leading Singaporean semiconductor company and also signed an MoU on India-Singapore Semiconductor Ecosystem Partnership. Around the same time Maharashtra cabinet panel approved a $10-billion (₹83,947 crore) investment proposal by a joint venture between Israel's Tower Semiconductor and Adani Group to set up a semiconductor chip manufacturing unit at Taloja. A few days earlier, the Union Cabinet had approved setting up of an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat by Kaynes Semicon with a Rs. 3,307 crore investment. The capacity of this unit will be 63 lakh chips per day. Now, ET has reported that the Indian Semiconductor Mission (ISM) is likely to receive a second budgetary allocation of up to $ 10 billion ISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and design capabilities was first established in 2022 with a budgetary allocation of $10 billion. The government will have to seek fresh funding under the ISM as it has almost exhausted the funds in the first phase which saw approvals of $11 billion, an official has told ET. Before nod to Kaynes and Tower-Adani plants, India had approved five chip plants: two by the Tata Group in Assam and Gujarat; and one each by Micron and CG Power in Gujarat and by RRP Electronics in Maharashtra.

Scoot flight from Singapore to the Chinese city of Guangzhou hit turbulence. One person was taken to the hospital, The Straits Times reported. Scoot said the flight encountered turbulence as it was approaching Guangzhou on Friday morning, adding that the Boeing 787-9 Dreamliner aircraft landed uneventfully at 9.10 am local time. Scoot flight TR100 departed from Singapore around 5.45 am, The Straits Times said, citing data from flight-tracking website FlightRadar24.

industrial development, with the National Industrial Corridor Development Programme (NICDP) playing a critical role. Aligned with the vision of a «Viksit Bharat,» this ambitious initiative aims to establish a grand necklace of industrial smart cities along the backbone of the Golden Quadrilateral.

MEA), Jaideep Mazumdar, said on Thursday that the two nations complement each other and need each other to develop further. While addressing a special briefing on PM Modi's visit to Singapore, Mazumdar said that India and Singapore have «strong relations» and have frequent exchanges between military establishments, navies and air forces. Mazumdar said, «We have a very multidimensional relationship. We have very strong relations in the defence side as well, where we do joint exercises together. We have very frequent exchanges between our military establishments, between our navies, our air forces, our leaderships of all three services interact very frequently. We have ship visits, we exchange domain awareness information.»

business leaders in Singapore and appraised them about various reforms that are currently underway in India to attract investment and innovation. Modi is here on a two-day visit at the invitation of his Singapore counterpart Lawrence Wong. «Interacted with top business leaders and CEOs in Singapore. We talked about ways to deepen economic linkages. I highlighted the reforms underway in India, which will encourage investment and innovation,» the Indian Prime Minister said in a post on social media platform 'X'. Over the past 10 years, India-Singapore trade has more than doubled.

On the occassion of the first International solar festival, Modi explained the importance of transitioning to using solar energy in the current world. Currently on a state visit to Singapore, the Prime Minister said that India is expanding its horizons in the field of solar power, and highlighted the three factors that make solar energy a sustainable solution: awareness, affordability and availability.

ICICI Bank and continued to have worked until October 2013, according to an executive familiar with the developments at the bank. This is corroborated by ICICI Bank’s response to stock exchanges on 2 September, when it disclosed that Buch retired from ICICI Group on 31 October 2013. However, Buch’s profile on professional networking platform LinkedIn states she worked with Greater Pacific Capital, a Singapore-headquartered private equity firm, as head of business developments between 2011 and 2013.

conglomarate CapitalLand is preparing to double down on its investments in India by more than $14.8 billion. The Singapore envoy to India Simon Won took to social media platofrm X to make the announcement, appreciating the move. «Singapore's CapitaLand, one of Asia's largest diversified real estate groups, plans to more than double its funds under management in India to more than S$14.8 billion (>INR 90,280 Cr) by 2028,»

Prime Minister Narendra Modi has chosen to visit Singapore so early in his third term," The Straits Times quoted Jaishankar as saying in an interview. He said that India and Singapore's bilateral ties «have been extremely strong in the last two decades». Just like Singapore had an opportunity in 1992 and then again in 2006, it should seize the moment and fully utilise the new landscape, the minister said.

Modi embarked on a visit to Brunei and Singapore, the Congress took a swipe at him on Tuesday, asking when will «our frequent flyer» make a 'humanitarian' visit to the troubled state of Manipur. Prime Minister Modi is visiting Brunei on September 3-4 at the invitation of Sultan Haji Hassanal Bolkiah to further strengthen bilateral cooperation in all existing sectors. He is slated to visit Singapore on September 4-5 at the invitation of his Singaporean counterpart Lawrence Wong.

navies of Singapore and China on Sunday began the third edition of a bilateral maritime exercise, underscoring the «longstanding, warm and friendly» defence ties between the two countries, according to an official statement. The Exercise Maritime Cooperation is being conducted between the Republic of Singapore Navy (RSN) and China's People's Liberation Army (PLA) from September 1 to 5, the Ministry of Defence here said in a statement. Its opening ceremony was held at the Ma Xie Naval Base in Zhanjiang, China, on Sunday, with about 200 personnel from both navies in attendance, The Straits Times newspaper reported. This is the third edition of the maritime exercise since its inauguration in 2015.

Vistara said on Friday that its aircraft and passengers will be handled by Air India from November 12, as the merger of the two Tata Group-owned airlines comes closer with Singapore Airlines (SIA) getting approval from the Indian government for acquiring a 25.1% stake in the erstwhile state-run carrier. «Starting 3 September, customers will, progressively, no longer be able to make bookings with Vistara for travel on or after 12 November. All Vistara aircraft thereafter will be operated by Air India and bookings for the routes operated by these aircraft will be redirected to Air India's website. Vistara will continue to take bookings and operate flights as usual till 11 November 2024,» Vistara said in a statement Friday. Tata Sons owns a 51% stake in Vistara, while SIA holds 49%. Air India is currently owned fully by Tata Sons.

Air India-Vistara merger, Singapore Airlines (SIA) on Friday said that it has received approval from the Government of India for foreign direct investment (FDI) in a deal with the Tatas, the airline said in an exchange filing. Singapore's flagship carrier, which has a 49 per cent stake in Vistara, had announced the plan to merge the Indian airline and Tata-owned Air India in November 2022. Tatas own 51 per cent in Vistara. Upon completion of the merger, SIA is expected to hold approximately 25.1 per cent of the enlarged Air India.

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India and Singapore has set the stage for Prime Minister Narendra Modi's visit to the city-state that will happen soon, its Foreign Minister Vivian Balakrishnan has said. Senior ministers from the two countries held a «productive» round of discussions at the second multi-ministerial roundtable here and explored how the two countries can boost bilateral cooperation in digital, skill development, sustainability, healthcare, connectivity and advanced manufacturing. This was the second time that ministers from Singapore and India met at the India-Singapore Ministerial Roundtable (ISMR) after its inaugural edition was launched in September 2022 by then Deputy Prime Minister Lawrence Wong during a five-day visit to India. Balakrishnan said advanced manufacturing and semiconductors, as well as aviation and maritime connectivity, are the new areas that Singapore and India have added to a high-level platform for discussing ways to enhance bilateral cooperation.

Two major hedge funds have cut portfolio managers in Asia. 

A vice president (VP) at Goldman Sachs in Singapore died after being taken ill at work on Tuesday.

BIMSTEC Summit scheduled in Bangkok on September 4 owing to “technical issues” over formation of the cabinet. The decision to postpone the Summit was taken on Thursday as all preparations were ongoing till Wednesday. PM Narendra Modi in the light of the current circumstances will not travel to Bangkok. He was also scheduled to undertake a bilateral visit to Thailand on September 3. Modi is, however, expected to go ahead with the bilateral visit to Singapore on September 5, it has been learnt. Earlier he had plans to fly to Singapore from Bangkok. Ahead of Singapore visit, Ministerial delegations of the two countries will meet to firm up agenda to boost strategic partnership and the visit.