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Singapore Wrap Wednesday

Today's notable stories

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Bank lending in August rose from July at a weaker pace compared to a month ago, dragged by zero growth in consumer lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Wednesday.

Growth in bank lending in Singapore eases again to 0.5% in August: MAS

Bank lending in August rose from July at a weaker pace compared to a month ago, dragged by zero growth in consumer lending, preliminary data from the Monetary Authority of Singapore (MAS) showed on Wednesday.


New moneylending rules to kick in on Thursday in Singapore

New controls on borrowing from licensed moneylenders will come into effect on Thursday, Singapore's Ministry of Law said on Wednesday.

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Temasek's Ho Ching returns in October as president takes bigger role

Ho Ching, chief executive officer of Temasek Holdings, will return from a six-month sabbatical at the end of October as one of the investment company's three presidents takes on a bigger role.


Singapore's central bank set to ease again in October policy meet: Credit Suisse

Singapore's much-weaker August industrial production has tilted the balance to the Monetary Authority of Singapore (MAS) easing its monetary policy when the central bank next meets in October, Credit Suisse said on Wednesday.


JTC net surplus up 7% to S$1.4b

Singapore industrial landlord JTC Corporation reported a group net surplus of S$1.4 billion for its 2014 financial year ended March 31, 2015, up 7 per cent from a year ago.


URA releases residential sites in Redhill, Sembawang for sale

Two residential sites have been released for sale by the Urban Redevelopment Authority (URA).


The STI today

STI narrowly avoids sixth day of loss

The Straits Times Index on Wednesday underwent a volatile session tracking movements in Hong Kong and China as well as the futures market for US benchmarks.

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