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Value creation, S'pore's new mantra after 50

The success in creating value is expected to drive Singapore's equity market over the next couple of decades
Wed, Aug 12, 2015 - 5:50 AM

SINGAPORE'S Straits Times Index (STI) has returned a CAGR (compound annual growth rate) of 8 per cent, compared with a nominal GDP CAGR of around 9 per cent, since the inception of the index around 40 years ago. However, during the past five years, Singapore equities have underperformed world...

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