Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns.
The currency is Singapore dollar and the official languages are: Standard Mandarin, Malay, English, and Tamil.
Singapore is among India’s largest trade and investment partner in ASEAN and accounted for 22.13% of overall trade with ASEAN in 2014-15. The economic and commercial ties have expanded significantly in the recent years, after the conclusion of the Comprehensive Economic Co-operation Agreement (CECA) in 2005.
Nine Indian banks operate in the country – Bank of India, Indian Overseas Bank, UCO Bank, Indian Bank, Axis Bank, State Bank of India, ICICI, EXIM Bank and Bank of Baroda. SBI and ICICI have been granted Qualifying Full Bank (QFB) status with retail operations…. Read More