Singapore Financial News

01.08 / 17:09

Digital Platform country voice social Latin India advances digital push at global fora with eye on developing world

Mint has learnt. This would enable New Delhi to pitch its ‘India Stack’— digital solutions implemented at population-scale to deliver social benefits—to the developing world. New Delhi hopes that this in turn will make Indian platforms the benchmark for the global development of DPIs and cement its place as a key technology-partner amid a worldwide move toward digitalization.

01.08 / 13:51

Blockchain Citi Provident Target Digital SEC Kraken Crypto Staking Digital Asset Investors Should Report Crypto Staking Rewards as Taxable Income: IRS

The US Internal Revenue Service (IRS) has outlined the latest tax guidance that classifies earnings from crypto staking as taxable income.

01.08 / 13:40

UPS love country Indian Singapore witnesses growing interest from Indian nurses as it grapples to combat manpower crisis

Singapore is seeing a growing interest from nurses in India to work in the city-state as it grapples to combat the issue of manpower crisis in the nursing industry, according to a media report on Tuesday. The development came as Singapore looks to add about 4,000 new nurses to the workforce by year-end, with two-thirds of them from overseas, the Channel News Asia reported. At least one recruitment agency, Dynamic Health Staff, has seen four times more foreign candidates, mostly from India, who are keen to work here in July compared to January, the report said.

01.08 / 03:41

UPS Citi Manufacturing CEO Parke stage Singapore’s CapitaLand looks to enter realty funding

CapitaLand is looking to enter real estate funding and scale the renewable energy segment as it continues to expand its portfolio of office and industrial parks, Sanjeev Dasgupta, CEO, CapitaLand Investment India and CapitaLand India Trust, told ET. The company currently has about 22 million square feet of business parks and about 7.5 million square feet of industrial parks. It plans to scale up the portfolio to 50 million square feet in the next three years.

01.08 / 01:15

UPS Platform Enterprise show track Inside Fintechs hit green patch post a rough couple of years

lending sector. A few major venture-funded lending startups have swung into profits in fiscal year 2023 and some are also scouting for fresh equity rounds to shore up their capital reserves. Industry insiders told ET that after the two years of the pandemic, revival has been quick in the small and medium enterprise sector, which has helped some SME-focused lending platforms.

31.07 / 19:07

UPS MET Manufacturing Pool NXP country NXP Semiconductors willing to set up fab facility in India

NEW DELHI : NXP Semiconductors, founded as a division of Royal Philips NV, is open to setting up a fabrication unit in India, subject to the development of a suitable ecosystem in the country, said Hitesh Garg, vice-president and India country manager. “If there is an ecosystem developed here, we will support the ecosystem. We will make sure that we are doing the manufacturing of our chips which are possible to be done here in India," Garg said, reiterating views expressed by NXP chief executive officer Kurt Sievers, who was in India earlier this year and met Prime Minister Narendra Modi.

31.07 / 15:53

film country social Indian Singapore’s Nanyang Technological University to strengthen its research tie-ups with top Indian universities

Nanyang Technological University is looking at strengthening its research and academic collaborations with top Indian universities, Tim White, Vice President, International Engagement, told ET in an interaction. “The most important institutional collaborations NTU has are with IIT Madras and IISC Bangalore where through the generosity of an endowment from Kris Gopalakrishnan 50 Indian PhD scholars will be trained at NTU,” said White.

31.07 / 15:17

COST UPS CEO Gap Software In the Market: Signs of life in the moribund US deals market

By Paritosh Bansal

31.07 / 14:13

Provident Lowe's Enterprise Nano performer electronic ISRO undertakes a commercial launch for Singapore

Dr Ajey Lele

31.07 / 12:57

Digital country UPI to enter North America, other Middle-Eastern countries soon | Mint Primer | Mint

NPCI's UPI (Unified Payments Interface) is set to ... moreNPCI's UPI (Unified Payments Interface) is set to revolutionize global digital payments with its expansion into international markets.

31.07 / 11:19

Manufacturing Apple Monolithic show electronic Indian US biggest export destination for Indian smartphones in April-May: Government

India exported USD 2.43 billion worth of smartphones in April-May this fiscal, driven by a multifold jump in shipments to the US which emerged as the biggest destination for India-made devices, according to the government data. The smartphone exports to the US jumped multiple times to USD 812.49 million during the first two months of this fiscal as against USD 92.2 million in April-May 2022-23, the commerce ministry data showed. The US accounted for one-third of the shipments in value terms.

31.07 / 06:13

Career PINK film country star audience pop 'Barbenheimer' creates box-office magic! Nolan's 'Oppenheimer' crosses $400 mn, 'Barbie' collects a staggering $774 mn worldwide

Both Hollywood tentpoles were primed for one of history's most epic box-office showdowns. However, surprisingly, both movies have managed to pass the box-office test with flying colours!

31.07 / 03:07

Progressive Racing Assurant Celebrity country social Singapore's Deputy PM Lawrence Wong hails Sikhs' contribution

Sikhs in Singapore have distinguished themselves in their chosen professions and made significant contributions in diverse fields while retaining their culture, faith and unique identity, Deputy Prime Minister Lawrence Wong said. He was addressing the 75th anniversary celebration dinner of the Sikh Advisory Board (SAB) on Sunday. «You have all distinguished yourselves in your chosen professions and made significant contributions in diverse fields… Crucially, Sikhs have done all this in Singapore while retaining their culture, faith and unique identity,» he told the gathering.

31.07 / 02:27

Provident Waves Ball show track Yen eyes first monthly gain since March; dollar headed for monthly loss

By Rae Wee

31.07 / 00:55

UPS CEO Mobile RIG track Oil on track for biggest monthly gains in over a year

By Florence Tan

30.07 / 19:29

Provident AXY Aware Airlines Strategy awards Go First eyes more cash, leaner fleet

MUMBAI : Go Airlines India Ltd, the operator of bankrupt Go First airline, aims to secure higher interim financing of ₹600-700 crore from banks and start with fewer flights than earlier planned in its revised strategy to resume operations, two people directly aware of the plan said. “We have revised our original plan.

30.07 / 19:15

Provident Aware Parke Experion invests Rs 200 crore in Vatika housing project

Experion Capital, has made its debut investment in India by providing ₹200 crore as project finance for Vatika Group's luxury residential project, Sovereign Park in Gurugram, three persons aware of the development said. The investment includes a term loan that aids in partial refinance to the current lender and the remaining amount directed towards construction, said the sources.

30.07 / 18:57

Manufacturing country Ethnic violence drags down Manipur exports by nearly 80%

ethnic violence in Manipur has brought down the state's exports of handwoven textiles, medicinal plants and food items by almost 80%, according to M Chandrakeshore Singh Pallel, vice-president (Manipur) of North East Federation of International Trade (NEFIT). Manipur is famous for fabrics like moiraingphee, leirum, lasingphee and phanek, which have good demand in the US, Europe and Singapore. Media reports say that 142 people have been killed and thousands displaced since violence broke out in the state between the Meiteis and Kukis in early May, following a court order for granting scheduled tribe status to the Meities.

30.07 / 14:35

Provident FIVE Manufacturing Interface Pride track electronic Hyderabad-based ATL supplied key components to ISRO PSLV

ISRO's Polar Satellite Launch Vehicle (PSLV) placed seven Singaporean satellites in orbits, Hyderabad-based Ananth Technologies contributed a range of components that made the spaceflight a success. Ananth Technologies Limited (ATL) supplied avionics packages and power systems for the PSLV, which had its 56th launch on Sunday and was also responsible for the sub-assembly integration of ISRO's warhorse rocket.

30.07 / 12:37

Citi IPO CEO Platform show performer reports Kfin Technologies reports impressive Q1 results with robust growth in revenue and market share

KFin Technologies Limited reported its financial results for the quarter ended June 30, 2023, with positive growth in various key metrics. The company's revenue from operations reached ₹1,815.0 million, showing a YoY increase of 7.6%. The EBITDA stood at ₹704.3 million, marking a 12.8% YoY growth, and the EBITDA margin for Q1FY24 improved to 38.8% from 37.0% in Q1FY23.

30.07 / 12:05

Waters Highways dutch High winds stall efforts to tow a burning cargo ship packed with cars off northern Dutch coast

Dutch authorities say high winds in the North Sea are delaying efforts to tow a burning cargo ship carrying thousands of new cars to safety off the coast of the Netherlands

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