Business

More Indians choose Singapore for Business Development Internship

Published

6 years ago

May 27, 2019

According to a survey conducted by Bigtimedaily.com, it has been found that Singapore has become quite popular among Indians for the business development internship. As the Singaporean economy is booming at a great rate, people from all around the globe are coming to the Asian country in the search of learning about business development subjects. More and more Indians also choosing to opt for an internship in Singapore as they could get more valuable work experience under influential experts.

Singapore has today developed as the 14th largest exporter all over the globe and emerged as the financial as well as the high-tech hub in today’s time. This Asian country offers a favorable environment to enroll in a Business development internship program. Interns in Singapore have a number of opportunities in various fields such as banking, electronics, biomedical science, tourism, and media. Because of the high scope of gaining experience related to business fields, people from across the world, especially from India are flocking to Singapore to learn about various business related things in their industries.

There are a number of reasons because of which various interns choose Singapore for various business internship programs. In the Asian region, Singapore has been emerging as the major business hub and an intern gets a suitable environment for gaining work experience related to his industry. Also, one gets to work with renowned experts in his industry which helps to establish a strong network in the market. Various Asian internship platforms such as internsinasia.com are available which gives an opportunity to people outside the Asian region to learn about business skills. Hence, more Indians are choosing to go to Singapore for getting a business internship in their fields.

Business

Black Banx Group — Third Quarter 2025 Results

Published

4 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.