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BUSINESSSep 8Minister defends Singapore Airlines’ Air India stake amid scrutiny, racist rantsSingapore’s transport minister on Tuesday defended Singapore Airlines’ investment in Air India, saying the city state’s flag carrier must grow overseas because there is a limit to how many people will fly to or from Singapore. Responding ‌to a question in parliament, Minister Jeffrey Siow said the flag carrier was a listed company that funded investments from its own balance sheet and it had not sought further capital from shareholders. The airline is majority owned by Singapore state investor...South China Morning Post
BUSINESSAug 29Temasek backs Singapore Airlines’ Air India investment amid growing scrutinySingapore state investor Temasek, the ⁠majority shareholder of Singapore Airlines , on Saturday backed the airline’s investment in Air India, as scrutiny grows over its stake in the loss-making Indian carrier. Air India’s request for about US$1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines was ‌first reported by Reuters this week. Singapore Airlines owns 25.1 per cent of India’s second-largest airline, with the rest owned by Tata. News of the funding request prompted...South China Morning Post
BUSINESSAug 27Singapore MP opposes Temasek funding for Air India amid US$1.5 billion pleaA Singapore opposition lawmaker has urged that state investor Temasek’s money not be used to shore up Air India, after the Indian carrier had asked owners Tata Sons and Singapore Airlines, which Temasek majority-owns, for US$1.5 billion. Kenneth Tiong, a member of parliament for the opposition Workers’ Party, said ‌in a social media post on Wednesday that because Singapore Airlines owns about 25 per cent of Air India and Temasek in turn owns most of the Singapore carrier, the request was “not...South China Morning Post
BUSINESSAug 26Air India seeks $1 . 9b from owners Tata , Singapore Air as losses mount , sources sayAir India is reportedly seeking $1.9 billion from its owners, Tata and Singapore Air, as the airline faces mounting losses. This indicates significant financial challenges for the major carrier.asiaone.com · Singapore
BUSINESSAug 20India - Singapore Talks Focus on Chips , FintechIndia and Singapore are engaged in discussions primarily focused on the semiconductor and financial technology sectors. This indicates ongoing economic collaboration between the two nations.deccanchronicle.com · India
BUSINESSAug 15Bangladesh , Singapore hopeful of early conclusion of FTABangladesh and Singapore express optimism for the swift finalization of a Free Trade Agreement. This indicates progress in economic diplomacy between the two nations.dhakacourier.com.bd · Bangladesh
BUSINESSAug 12Singapore Airlines loses about S$1bn on Air India bet — with more pain forecastTiming of decision to take 25% stake ‘could not have been worse’, says executiveFinancial Times
BUSINESSJul 6Tata Communications Strengthens India - Singapore Digital Corridor with AI - Ready Connectivity InvestmentsTata Communications is making investments to enhance the digital corridor between India and Singapore, focusing on AI-ready connectivity. This move aims to improve digital infrastructure and facilitate advanced technological integration.prnewswire.com · United States
BUSINESSJul 2Tata Communications to Invest ₹1,442 Crore in India-Singapore Subsea Cable ExpansionAs part of the expansion, the company will enhance its Tata Global Network (TGN) by integrating the MIST Cable System between Mumbai and Singapore. The project will add 20 Tbps of network capacity through an investment of ₹594.47 crore (US$63 million). The post Tata Communications to Invest ₹1,442 Crore in India-Singapore Subsea Cable Expansion appeared first on Dharmakshethra - India Unabridged .dharmakshethra · india