Singapore’s First APAC Fund VCC to invest up to $1.4bn in Dubai’s AMIS Development
Singapore
Latest in Singapore
Air India
Series of bomb threats impacts India flight operations; Air India plane makes emergency landing in Canada, Singapore
Bomb threats also impacted an IndiGo flight from Dammam to Lucknow
financial centre
Hong Kong beats Singapore to be Asia’s top financial centre: Survey
Globally, Hong Kong ranked third behind New York and London, with Singapore and San Francisco rounding off the top five
Dubai
Bank of Singapore looks to double revenue from Middle East in 3 years
UAE, and in particular Dubai, have become key destinations for global millionaires post-COVID, says bank’s top official
Bahrain
Crypto payments regulation: Time for a Singaporean approach?
To foster business-friendly environments, regulators should consider several key actions
Hamriyah Free Zone
Singapore’s Petrozo Energy to set up new factory in Sharjah’s Hamriyah Free Zone
The new plant will be set up with an estimated investment of AED120 million
Adani Enterprises
Controversy-hit Adani Group in talks to exit JV with Singapore-based Wilmar: Report
Adani Wilmar last week reported significantly lower numbers for the September quarter of the current financial year, posting a loss of Rs 1.31 billion against a profit of Rs 490 million in the year-ago period
Saudi Arabia
Saudi Arabia and Singapore sign deals as trade hits $12bn
Saudi and Singapore sign MoUs as trade between countries passes $12bn
Airlines
Singapore Airlines to add more flights to India in bid to expand network
Chennai, Hyderabad and Bengaluru are the Indian cities for launching additional flights
Chinatown
Dubai Mall’s Chinatown opens new Singapore restaurant Hawker Chan
On June 16, the opening day, customers at Hawker Chan at Dubai Mall’s China Town can enjoy a 20 percent discount on their total bill
Horse race
Singapore to end 180 years of horse racing
The site will be redeveloped to meet the country’s future needs for housing
housing
Singapore is now costliest place to own, rent homes in Asia pacific: Report
India’s housing price is relatively inexpensive compared to the median household income over that in other developing countries
Saudi Arabia
Saudis no longer need Singapore visa
Saudi nationals will be exempt from needing a visa when visiting Singapore from June 1
DIFC
Scalo Technologies establishes Dubai HQ
The tech company will invest $100m in startups within five years leveraging the city’s positioning as an international hub
Airport
Singapore pips Qatar to become ‘Best Airport’ in this year’s Skytrax list
Tokyo’s Haneda Airport bagged the third spot
Abu Dhabi
Abu Dhabi, Singapore to explore ties in innovation, technology, financial services
The two sides also signed agreements for partnerships at a joint forum meet
Air travellers
Scoot Airline’s early take-off leaves passengers stranded: DGCA launches probe
The DGCA has requested information from Scoot Airline and the Amritsar airport authority