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Value creation, S'pore's new mantra after 50

The success in creating value is expected to drive Singapore's equity market over the next couple of decades

SINGAPORE'S Straits Times Index (STI) has returned a CAGR (compound annual growth rate) of 8 per cent, compared with a nominal GDP CAGR of around 9 per cent, since the inception of the index around 40 years ago. However, during the past five years, Singapore equities have underperformed world