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Singapore Wrap Wednesday
Today's notable stories
- 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.