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Singapore Wrap Monday
Today's notable stories
- Singapore mourns founding prime minister, Lee Kuan Yew
A man who inspired Singapore, provided courage, kept the people together and brought the country to where it is today. That was how Prime Minister Lee Hsien Loong described his late father, Lee Kuan Yew, during an emotional live address to the nation on Monday morning, as tributes poured in from Singaporeans and world leaders.
- Singapore and world leaders pay tribute to Lee Kuan Yew
Politicians, businesses and international figures paid tribute to founding prime minister Lee Kuan Yew on Monday.
- Singapore Parliament to sit on Thursday to pay tribute to late Lee Kuan Yew
Parliament will sit for a special sitting on March 26, 2015 at 4pm to pay tribute to Singapore's former Prime Minister Lee Kuan Yew, the government announced on Monday.
- Honour Lee Kuan Yew by keeping Singapore exceptional and successful: PM Lee
Prime Minister Lee Hsien Loong addressed the nation on Monday morning, following the death of Singapore's founding prime minister Lee Kuan Yew earlier in the morning.
- Singapore's inflation edges up slightly to -0.3% in February
Singapore's headline inflation remained in negative territory at -0.3 per cent in February, although this was a touch higher than January's reading of -0.4 per cent.
- GIC ties up with US property firm to invest in logistics properties in Europe
Singapore's sovereign wealth fund GIC said on Monday it has set up a 300 million euro (S$446 million) partnership with America's Exeter Property Group to invest in logistics properties in key European distribution hubs.
- Singapore: Stocks weaken ahead of expected Wall St fall
There were no surprises in Monday's session at Singapore Exchange, the Straits Times Index first rising 18 points to an intraday high of 3,430 in response to Friday's bounce on Wall Street but eventually ending with a nett loss of 2.31 points at 3,410.13 in line with a reversal in Hong Kong and a weak opening for Europe that indicated a likely soft Monday for the US market.