Charmaine Jacob

The Southeast Asian nation lost around 277 billion ringgit in economic output due to corruption from 2018 to 2023, according to official estimates.

India has big ambitions to become a semiconductor powerhouse as the world's fifth-largest economy pushes for self-reliance in manufacturing.

Modi will partake in the fourth Quad Leaders' Summit in Wilmington, Delaware and attend the United Nations General Assembly in New York.

India wants 30% of newly registered private cars to be electric by 2030. But out of around 4.2 million passenger vehicles sold last year, less than 2.5% were EVs, according to Bain & Company.

"Singapore is not just a partner, it is an inspiration for every developing country. We want to create a bunch of Singapores in India," Modi said in a meeting with Wong.

The Indian prime minister had also visited Italy, Russia, Ukraine, Poland and Brunei in the last three months since his reelection.

Real estate analysts claimed that the shopping frenzy the city once experienced will not return "for a long, long time."

If the law gets passed, Thailand could be Macao and Singapore's largest competitor by the end of the decade, industry watchers told CNBC.

Entrenched sexism still persists in India and the country will need to tackle the obstacle to achieve its economic goals, economic experts say.

China's customs authorities announced they will strengthen surveillance at ports of entry.