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Daily Debrief: What Happened Today
Goods vehicle COE premium slumps
THE certificate of entitlement (COE) premium for commercial vehicles fell nearly S$20,000 ahead of next month's big increase in supply.
Singapore economy expected to grow 2.4% as exports, factory output increase: report
SINGAPORE'S growth prospects have improved from the last quarter as its economy entered 2017 with a positive momentum, said ICAEW (Institute of Chartered Accountants in England and Wales) on Wednesday.
Singapore factory output surprises in March with 10.2% y-o-y rise
SINGAPORE'S factory output surprised again in March, reporting a tech-led 10.2 per cent year-on-year increase, or 5 per cent more when compared to the previous month.
IPOS, Makara Capital launch S$1b fund to drive innovation
THE Intellectual Property Office of Singapore (IPOS) and home-grown private equity firm Makara Capital on Wednesday launched a billion-dollar fund to help innovators and enterprises translate ideas into assets.
China Merchants Bank opens private banking arm in Singapore
CHINA Merchants Bank, China's largest private bank by assets, on Wednesday expanded its private banking business in Singapore.
Rotary Engineering bags S$140m contract to build new tank terminal in Singapore
ROTARY Engineering has won a S$140 million contract from Jurong Port Tank Terminals to build a new tank terminal in Singapore.
- CapitaLand Q1 profit surges 77.2% to S$386.8m
- Citic Envirotech Q1 profit surges 41.2% to S$17m
- Suntec Reit's Q1 DPU climbs 2.3%
The STI Today
Singapore shares close 0.3 per cent up on Wednesday
SINGAPORE stocks ended 0.3 per cent higher on Wednesday, with the Straits Times Index moving up 9.83 points to 3,173.76.