ASIA: India And Singapore Team Up For Green Finance To Support Sustainable Growth

India and Singapore are set to enhance their collaboration in the realm of green finance, according to statements made by NITI Aayog Vice Chairman, Suman Bery.

Expressing optimism about the future of this partnership, Bery emphasised the potential for the two nations to collaborate within the framework outlined in the G20 New Delhi Leaders’ Declaration on sustainable finance.

As part of the Distinguished Visitors Programme (DVP) initiated by Singapore’s Ministry of Foreign Affairs, Bery’s three-day visit aimed at bolstering bilateral ties and fostering cooperation across various levels.

Speaking on the prospects of green finance, he noted that significant strides could be made within the framework established in the New Delhi Leaders’ Declaration on sustainable finance, adopted on September 9 of the previous year.

The declaration commits to pursuing environmentally sustainable and inclusive economic growth in an integrated and holistic manner.

In addition to green finance, Bery addressed Singapore’s advancements in artificial intelligence (AI).

Bery highlighted the compatibility of technology establishments in both Singapore and India, suggesting potential for technological collaboration and human interchange in the field of AI.

Bery also acknowledged Singapore’s consistent advocacy for India’s active participation in the ASEAN Circle, underscoring the historical civilisation links between India and the region.

NITI Aayog, as India’s premier public policy think tank, actively contributes to the nation’s development by promoting research, innovation, and providing strategic policy vision.

17 May 2024

HONG KONG: Hong Kong to Launch First Spot Crypto ETFs with Advanced Brokerage and Operational Support

Hong Kong’s financial market is poised for a significant milestone with the upcoming launch of the region’s first Spot Crypto Exchange-Traded Funds (ETFs). This groundbreaking initiative is being

Read More
30 January 2024

HONG KONG: Croatia, Hong Kong agree to avoid double taxation

Croatia and Hong Kong signed an agreement to avoid double taxation of income and property, and prevent tax evasion in a bid to boost bilateral trade of goods and services, the Croatian finance ministry

Read More
8 November 2024

AML: Anti-Money Laundering Market to Reach USD 9.35 Billion by 2032

“The S&S Insider report indicates that the Anti-Money Laundering Market size was valued at USD 2.53 billion in 2023 and is expected to grow to USD 9.35 billion by 2032, with a compound annual

Read More
26 April 2024

US: Biden’s 44% Crypto Tax Plan Faces Fierce Opposition

President Joe Biden’s administration has presented a disputable idea to impose a 44% tax on cryptocurrency transactions. This policy, whose purpose is to bring more revenue into the government treasury,

Read More