India Singapore Naval Exercise

India, Singapore well positioned to create change: Prez Shanmugaratnam

India and Southeast Asia are well positioned to create a new era of opportunity, equity and sustainability, despite the resurgence of industrial policies among the major economies, Singapore President Tharman Shanmugaratnam said on Thursday. Working with other responsible middle powers, both regions have the ability to strengthen multilateralism, which, despite its imperfections, has been an arrangement that has served nations both rich and poor well for decades, he said at a dinner celebration of the 20th anniversary of the Institute of South Asian Studies (ISAS), a think tank of the National University of Singapore. Tharman also expressed optimism that Singapore-India relations will continue on an upward trajectory. Industrial policies such as tax breaks and subsidies to promote specific industries domestically are returning at a rate not seen since the 1960s and 1970s, despite having largely failed then, Tharman noted. For instance, the International Monetary Fund tabulated 2,50

Indian-origin man in Singapore charged for cheating staff of Prez, Parl

An Indian-origin man faces three counts of cheating by personation staff at the President's Office, the Ministry of National Development and Parliament. Prakash Paramasivam, 24, who appeared in the court on May 17, allegedly posed as a Singapore Prison Service staff member to send emails to President Tharman Shanmugaratnam, National Development Minister Desmond Lee and to the Parliament. He allegedly e-mailed the Parliament on February 16 and Lee two days later, followed by another email sent to President Tharman on Feb 24, according to a report by The Straits Times. Court documents did not disclose the contents of the e-mails or why Prakash allegedly sent them. His case will be mentioned again in court on June 20. For each count of cheating by personation, an offender can be jailed for up to five years and fined.

SICCI highlights role played by outgoing PM Lee in building ties with India

The Singapore Indian Chamber of Commerce and Industry (SICCI) has highlighted the key role outgoing Prime Minister Lee Hsien Loong has played in building relations between the city-state and India. Much has been achieved in expanding Singapore's bilateral ties with India, with many of our members having business interests (in India). Thanks to your leadership and support, SICCI Chairman Neil Parekh wrote in a letter to Lee, who will hand over on May 15 the leadership of the country to his deputy Lawrence Wong. "The Comprehensive Economic Cooperation Agreement (CECA), under your government's leadership, has not only dramatically benefitted Singapore-India ties but also attracted some of the best talents to Singapore, a testament to the success of your policies and agreements, Parekh said in his appreciation letter to the 72-year-old leader. The CECA was signed on June 29, 2005, as a free trade agreement to strengthen Singapore-India bilateral trade. Your close rapport with India's .

Singapore-India ties to flourish under incoming PM Wong, says SICCI

Singapore's ties with India will continue to flourish under the leadership of the country's incoming Prime Minister Lawrence Wong who will be sworn in on May 15, the Singapore Indian Chamber of Commerce and Industry (SICCI) has said. "As Prime Minister Lee Hsien Loong prepares to hand over (leadership of the city-state) to his successor, Deputy Prime Minister Lawrence Wong, we are confident that Singapore-India ties will continue to flourish, said SICCI Chairman Neil Parekh on Saturday night at the centenary celebrations of the chambers. "This is all the more so since DPM Lawrence Wong co-chaired the India-Singapore Ministerial Roundtable, which has set the stage and the tone for long-term ties between our two countries," he said at the SICCI centennial celebration gala dinner. Singapore President Tharman Shanmugaratnam was the guest of honour at the dinner attended by some 700 business and community leaders from the prosperous Asian financial centre. SICCI is also a vital partner

India-Singapore bilateral trade grows 18.2% to $35.6 bn in FY 2022-23

The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said. He was addressing the Institute of Company Secretaries of India (ICSI) Third International Conference being held in Singapore from April 5-6. Trade between Singapore and India saw a growth of 18.2 per cent in the year and rose to USD 35.6 billion in 2022-23, Prabakar said. Our imports from Singapore in FY 22-23 were USD 23.6 billion, a growth of 24.4 per cent, and exports to the city-state totalled USD 12 billion, up 7.6 billion in the previous financial year," he told some 100 delegates at the conference. In terms of India's exports, Singapore is the sixth largest export destination in the world, and in

Will bring more investments from Singapore into India: Envoy Shilpak Ambule

The Indian High Commission here is working to get more and more investments into India's burgeoning economy led by aggressive progress being made in infrastructure, renewable energy and advanced technology space, envoy Shilpak Ambule has said. The High Commissioner listed three factors driving the growth saying for India, it will be a green growth with the development of renewable energy, while digital infrastructure has been put in place for smoother flow of economic activities and thirdly it will be sustainable growth. "We are very much committed to getting more investments from Singapore into India which is a growth story," the High Commissioner said at the '2024 Budget Analysis Singapore and India' event here on Tuesday evening. He also highlighted the wide range of economic activities driving the India growth story like continuing efforts on skilling youths, development of advanced technologies like semiconductors and efforts towards the growth of rural economy and empowering

India decides to allow rice export to Singapore, cites special relation

India on August 27 introduced additional safeguards on exports of basmati rice so as to prevent exports of non-basmati white rice, which is presently under the prohibited category

India, Singapore agree to conduct trilateral maritime exercise annually

India and Singapore have a robust defence cooperation

India to carry out mega naval exercise with Singapore Navy

Aim of exercise will be to enhance and expand coordination between two navies in Indian Ocean Region