In a major development aimed at facilitating easy and cost-effective money transfers, IndusInd Bank, an Indian private sector bank, has announced a collaboration with global tech company Wise. The partnership is intended to offer online inward remittance services to Non-Resident Indians (NRIs) residing in the US and Singapore. This move integrates IndusInd Bank’s remittance service […]
Nanyang Technological University (NTU Singapore) and Delta Electronics, a global provider of IoT-based Smart Green Solutions, have joined forces to establish the Delta-NTU Corporate Lab for Advanced Robotics. With a total investment of $24 million, this collaborative lab is a testament to their ongoing partnership in research and development of advanced technologies. Supported under Singapore’s […]
Chaffic, a brand of bubble tea hailing from Australia, is embarking on its international expansion with the launch of its inaugural store at Westgate, a prominent family and lifestyle mall situated in Singapore’s upcoming second Central Business District. The official opening of the outlet is scheduled for Friday, 9th June, and will be commemorated with […]
Thermo Fisher Scientific has inaugurated a sterile drug facility in Singapore, in a move to enhance the ability of its customers to deliver novel medicines and vaccines in the Asia-Pacific market. This sterile drug plant not only represents a significant milestone but also underscores Singapore’s dedication to pandemic readiness and its emergence as a prominent […]
Tech Mahindra said that it has been engaged by StarHub, a Singapore-based provider of communications, entertainment, and digital services, for the latter’s digital transformation to improve customer offerings. The Indian software company is working with StarHub in modernizing its operations for customer-facing systems and processes to make user journeys easier as well as to boost […]
Infosys Compaz has been engaged by Singapore-based info-communications provider StarHub to drive the IT transformation of the latter. The joint venture between Infosys and Temasek will also help StarHub in bolstering its technology operations, cybersecurity, and management of services. Through the engagement, Infosys Compaz is expected to increase the quality, performance, responsiveness, availability, and cost […]
Link Asset Management, a Hong Kong-based real estate investor and asset manager, will acquire a couple of suburban retail assets in Singapore from Mercatus Co-operative for S$2.16 billion ($1.6 billion), to mark its entry into the country. The acquisition is anticipated to help Link Asset Management strengthen its presence in Singapore and build in-market expertise, […]
India’s Larsen & Toubro (L&T) has supplied 46 process and piperack modules to Linde Engineering, Singapore, for a gasification facility, which will produce hydrogen and synthesis gas. Weighing 34,000 metric tons, modules were fabricated by Larsen & Toubro at its modular fabrication facility at Kattupalli, Chennai. Subramanian Sarma — Larsen & Toubro Whole-Time Director and […]
TVS Motor Company, an Indian two-wheeler manufacturer, has opened its TVS Experience Centre in Singapore in line with its plans for global expansion. According to TVS Motor, the TVS Experience Centre will have a variety of motorcycles on offer. These include TVS Apache RR310 and the TVS Apache RTR range. The Indian automobile company said […]
Monument Re said that Monument International Life Assurance Company (MILAC), its subsidiary in the Isle of Man, has wrapped up the acquisition of the closed book portfolio of the Singapore long term life insurance business of Zurich International Life Limited (ZILL). The financial terms of the deal were not disclosed. According to Monument Re, the […]