Highlights: In Singapore, PM Narendra Modi felicitates winners of first India-Singapore Hackathonhttps://indianexpress.com/article/india/pm-modi-singapore-live-updates-keynote-address-fintech-asean-summit-mike-pence-5445227/

Highlights: In Singapore, PM Narendra Modi felicitates winners of first India-Singapore Hackathon

Modi in Singapore highlights: "Cementing old bonds in pursuit of a glorious future. Had a great interaction with ASEAN leaders at the ASEAN-India Informal Breakfast Summit. We are happy that ties with ASEAN are strong and are contributing to a peaceful and prosperous planet," the PM tweeted.

Narendra Modi in Singapore LIVE updates: PM participates in ASEAN-India Breakfast Summit
Narendra Modi in Singapore: PM Modi with ASEAN leaders at the ASEAN-India Informal Breakfast Summit. (Source: Twitter/@narendramodi)

Prime Minister Narendra Modi, who is in Singapore for a two-day visit, participated in the ASEAN-India Breakfast Summit and underlined the need for maritime cooperation and centrality of trade for the prosperity of the strategic Indo-Pacific region on Thursday. He visited the country Wednesday when he delivered his keynote address at the prestigious Fintech Festival and held separate bilateral meetings with the premiers of Singapore, Australia and Thailand. He discussed ways to further strengthen ties, including in areas of trade, defence and security.

“Cementing old bonds in pursuit of a glorious future. Had a great interaction with ASEAN leaders at the ASEAN-India Informal Breakfast Summit. We are happy that ties with ASEAN are strong and are contributing to a peaceful and prosperous planet,” Modi tweeted.

On Wednesday, PM Modi pitched India as a favourite destination for investment and said that financial inclusion has become a reality for 1.3 billion Indians. In his keynote address, Modi said the technology has transformed governance and delivery of public services in India and unleashed innovation, hope and opportunities. Modi also launched APIX (Application Programming Interface Exchange), a global Fintech platform with Deputy PM of Singapore T Shanmugaratnam after his address at the event, PTI reported.

Live Blog

PM Modi participated in the ASEAN-India Breakfast Summit on the second day of his two-day Singapore visit today. Here are the highlights.

PM Modi attends 13th East Asia Summit in Singapore

Prime Minister Narendra Modi on Thursday attended the 13th East Asia Summit in Singapore during which the leaders of the grouping discussed global and regional issues, including maritime cooperation. "PM @narendramodi at #EastAsiaSummit reiterated India's vision of a peaceful, open and inclusive Indo Pacific region, strengthening maritime cooperation and commitment to a balanced RCEP," Ministry of External Affairs spokesman Raveesh Kumar tweeted.

Winning teams from India were IIT Kharagpur, NIT Trichy and MIT Pune

The winning teams from India were IIT Kharagpur, NIT, Trichy and MIT College of Engineering, Pune, the Indian High Commission in Singapore said. The winning teams from Singapore comprised Nanyang Technological University (NTU) and the Singapore University of Technology and Design (SUTD), it said in a statement.

'The teams were chosen after a final pitching session'

Prime Minister Modi presented the awards to the winning teams at an awards ceremony which was also attended by Education Minister of Singapore Ong Ye Kung. The teams were chosen after a final pitching session. First prize of SGD 10000, second prize of SGD 6000 and third prize of SGD 4000 was announced for each of the three winners from India and Singapore.

PM Modi gives awards to winning teams of first India-Singapore Hackathon

Prime Minister Narendra Modi on Thursday felicitated the six winning teams, including three from India, of the first India-Singapore Hackathon, a platform for the youth of the two countries to harness and showcase their innovations. The top six teams, three each from India and Singapore, participated in a 36-hour long Hackathon Grande Finale.

What were the prizes?

First prize of SGD 10,000, second prize of SGD 6,000 and third prize of SGD 4,000 were announced for each of the three winners from India and Singapore, the Indian High Commission in Singapore has said. The eight 'Problems Statements' presented to the participants were in the areas of mapping, synchronised output of diverse social media, shared digital identity verification, effective number estimate, space management and allotment, effective learning and personal security.

Twenty teams, each from both the countries, participated in Hackathon

Twenty teams, each from both the countries comprising university and college students selected on nationwide basis, participated in the event to harness and showcase the innovation potential of the youth. Each of these teams had three students and one mentor. From India, an 83-member delegation comprising 60 students, 20 mentors and three officials of the AICTE visited Singapore for the event which Modi said is a "boost to technology, innovation and youth power".

PM Modi felicitates winners of first India-Singapore Hackathon

Prime Minister Narendra Modi on Thursday felicitated the winners of the first India-Singapore Hackathon, a platform for the youth of the two countries to harness and showcase their innovations. The Nanyang Technological University (NTU) in Singapore and the All India Council for Technical Education (AICTE) conducted the hackathon that included solving eight problem statements.

ASEAN centrality in our Act East Policy and Indo-Pacific region: Raveesh Kumar

"PM Narendra Modi participated at ASEAN-India Breakfast Summit in Singapore. Reaffirmed cooperation in maritime domain and centrality of trade and investment towards prosperity of Indo-Pacific," Ministry of External Affairs spokesman Raveesh Kumar tweeted.

Singapore-India Hackathon serve as excellent opportunities for youngsters to showcase their work: PM Modi

PM Modi meets innovators who won prizes in first ever Singapore-India Hackathon

PM Modi spend time with NCC cadets

PM Modi participates in ASEAN-India Informal Breakfast Summit

Modi and Pence spoke on a wide range of bilateral and global issues: Foreign Secretary Vijay Gokhale

Prime Minister Narendra Modi on Wednesday told US Vice President Mike Pence that all the traces and all the leads in the global terror attacks ultimately leads to a "single source and single place of origin", in an apparent reference to Pakistan. Modi, who held talks with Pence on a wide range of bilateral and global issues of mutual interests on the sidelines of the East Asia Summit here, also expressed concern over the participation of terrorists in the elections in Pakistan.

Briefing the reporters after the meeting, Foreign Secretary Vijay Gokhale said there was some discussion on the issue of terrorism. Pence referred to the upcoming 10th anniversary of the deadly Mumbai terror attack on November 26 and hailed cooperation between the two sides on counter-terrorism, Gokhale said.

PM Modi in Singapore

PM Modi at the Regional Comprehensive Economic Patrenship Summit in Singapore

PM Modi attended the Regional Comprehensive Economic Patrenship (RCEP) Summit in Singapore with 16 member states. Modi reiterated that India was committed to early conclusion of high quality comprehensive and balanced regional economic partnership agreement. (Source: Twitter/MEAIndia)

PM Modi meets PM of Thailand General Prayut Chan-o-cha

PM Modi meets Australian counterpart Scott Morrison

"Both leaders had a good discussion on deepening ties in trade and investment, defence and security and other areas of bilateral cooperation," Ministry of External Affairs spokesman Raveesh Kumar said.

PM Modi also held bilateral meetings with global leaders, including US Vice President Pence and Singapore premier Lee Hsein Loong on the sidelines of the East Asia Summit in Singapore.

PM Modi also met Australian Prime Minister Scott Morrison on the margins of EastAsiaSummit

PM Modi meets Mike Pence, says US has great opportunity to make defence equipment in India

Moments after Prime Minister Narendra Modi pitched India as the best investment destination at Fintech festival in Singapore, the PM during his meeting with US Vice President Mike Pence asserted that America has a great opportunity to make defence equipment in India. 

Pence will be representing President Donald Trump at the ASEAN and East Asia Summit in Singapore

PM also visited the India pavilion at Singapore Fintech

PM Modi visited the India Pavilion at Singapore Fintech Festival, tweets MEA

Modi-Pence to discuss bilateral defence cooperation, Indo-Pacific

Prime Minister Narendra Modi met US Vice President Mike Pence in Singapore on Wednesday on the sidelines of the East Asia Summit and the two leaders are expected to discuss bilateral ties, including defence cooperation and the need for maintaining a free and open Indo-Pacific. Modi began his two-day visit to the country where he will also attend the East Asia Summit, an ASEAN-India informal meet, the Regional Comprehensive Economic Partnership summit.

The two leaders are expected to discuss bilateral defence cooperation and a common vision for maintaining a free and open Indo-Pacific, official sources told PTI.

Pence will be representing President Donald Trump at the ASEAN and East Asia Summit in Singapore. Prime Minister Modi will also attend the 13th East Asia Summit (EAS) and Regional Comprehensive Economic Partnership (RCEP) Summit hosted by Singapore as the current Chair of ASEAN grouping.

PM Modi meets United States Vice President Mike Pence

Pence will participate in a bilateral meeting with Prime Minister Modi, the White House said Tuesday releasing the schedule of the Vice President on the eve of the meeting.

PM Modi meets Singapore prime minister Lee Hsien Loong

Fintech can be used to make the world a better place: PM Modi

PM Modi launches APIX (Application Programming Interface Exchange)

Modi also launched APIX (Application Programming Interface Exchange), a global fintech platform with Deputy PM of Singapore T Shanmugaratnam after his address at the event. "APIX will eventually connect our companies to financial institutions globally," he said.

"Across the world, from the Indo-Pacific to Africa to Latin America, we see inspiring stories of extraordinary innovation changing ordinary lives. But, there is much to be done," he said.

Financial inclusion has become reality for 1.3 billion Indians: PM Modi

"Financial inclusion has become reality for 1.3 billion Indians. We have generated more than 1.2 billion biometric identities- Aadhaar or foundation- in just a few years," Modi was quoted as saying by PTI.

The Singapore Fintech Festival (SFF) is already the world's largest event on financial technology – or fintech. In 2017, the event drew as many as 30,000 participants from over 100 countries. The SFF involves a three-day conference, and exhibition of FinTech firms and capabilities, a global competition of FinTech solutions and a platform for matching entrepreneurs and investment capital.

PM Modi's full speech at Fintech Summit in Singapore

Here is the full speech of PM Modi at Fintech Summit in Singapore today.

India is best destination for startups: PM Modi at Fintech Summit in Singapore

PM Modi said there is an explosion of fintech innovation and enterprise in India. "It has turned India into a leading fintech and startup nation in the world. The future of fintech and Industry 4.0 is emerging in India," said in his speech at Fintech Summit in Singapore today. "I say this to all the fintech companies and startups – India is your best destination," he added.

"We see inspiring stories of extraordinary innovation changing ordinary lives. But, there is much to be done. Our focus should be on development for all through development of the marginalised," he said.

PM lauds digital transactions and rapidly rising need of a digital economy

PM says inclusive development would change the lives of every citizen

"My govt came to office in'14 with a mission of inclusive development that would change the lives of every citizen, even the weakest in the remotest village. That mission needed a solid foundation of financial inclusion for all- a task that wasn't easy in a country of India's size," PM says at Fintech festival in Singapore.

PM talks about inclusive development at Singapore Fintech Summit: Watch LIVE

Watch PM Modi's keynote address at Fintech Summit in Singapore

PM Modi arrived in Singapore early today and he was welcomed by the Indian diaspora

Modi's first engagement in Singapore would be to deliver the keynote address at the Singapore Fintech Summit, the Prime Minister's Office (PMO) said in a tweet.

PM Modi greeted by Indian diaspora in Singapore early today. (Narendra Modi Twitter)

The Indo-Pacific region also came up during the discussion on Wednesday between Prime Minister Modi and US Vice President Mike Pence. Modi referred to his June speech in Singapore at IISS Shangrila Dialogue in which he had outlined India's vision on Indo-Pacific. He conveyed to Pence that his vision of Indo-Pacific was gaining acceptability and that "we should utilise the forthcoming East Asia summit to further build on that".

Modi also said, "Technology is defining competitiveness and power in the new world and it is creating boundless opportunities to transform lives." "The Indian story shows six great benefits of Fintech: Access, inclusion; connectivity; ease of living; opportunity; and, accountability. "This is an event of finance and technology and, it is also a festival. It is also a celebration of belief. Belief in the spirit of innovation and the power of imagination. Belief in the energy of youth and their passion for change. Belief in making the world a better place," he added.

Modi spoke about the success of Aadhaar and Jan Dhan Yojana Modi, he said more than a billion biometric identities, more than a billion bank accounts and more than a billion cell phones give India by far the biggest public infrastructure in the world. PM Modi is the first world leader to address the festival which was launched in 2016.