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Singapore Wrap Wednesday

Today's notable stories

The 21 private-sector economists and analysts who responded to the Monetary Authority of Singapore's (MAS) survey in February expect the Republic's gross domestic product (GDP) to expand 2.8 per cent in 2015 - lower than the 3.1 per cent forecast in the December survey, but still within the official growth projection range of 2-4 per cent.
  • GDP to grow 2.8% in 2015, forecasters less optimistic: MAS survey
    Forecasters are less optimistic about the Singapore economy than they were three months ago, according to the latest quarterly survey conducted by Singapore's central bank.

  • Lee Kuan Yew's condition has deteriorated further: PMO
    Former prime minister Lee Kuan Yew's condition has "deteriorated further", a statement from the Prime Minister's Office (PMO) said on Wednesday.

  • URA invites proposals for activity nodes on Rail Corridor
    Soon, it will be a pleasant experience walking along Singapore's Rail Corridor, the former railway track that runs from Tanjong Pagar to Woodlands.

  • COE premiums rise across the board
    Certificate of entitlement (COE) premiums rose across the board on Wednesday, reflecting the recent surge in demand for new cars.

  • Shareholding of 28% on average enough to determine AGM outcomes, study finds
    A shareholding of 28 per cent is enough to win majority votes at the average annual general meeting (AGM) of a Singapore-listed company, according to a study by an academic and a private investor.

  • Singapore: Stocks weaken ahead of US FOMC meeting
    There were no surprises as far as Wednesday trading in the local stock market was concerned, as the Straits Times Index drifted to a net loss of 8.2 points at 3,361.75.


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