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Singapore Wrap Tuesday
- Ho Bee Land Q1 net profit surges 181%
- First Sponsor turns in Q1 FY15 profit, acquires two hotels in Amsterdam
- UOI posts 20.8% drop in Q1 net profit
The growth of the Singapore economy will be supported by a firmer recovery in the G3 countries but offset by China's slowdown, said the Monetary Authority of Singapore on Tuesday.
Singapore's CPF Board (CPFB) has recovered about S$378.2 million in CPF arrears from underpayments, nonpayment and late payment of contributions by employers.
Two new programmes to support entrepreneurs and startups in Singapore were unveiled on Tuesday by the Minister for the Environment and Water Resources, Vivian Balakrishnan.
Prices of completed non-landed private homes in Singapore rose 0.2 per cent in March over February, according to the National University of Singapore (NUS) flash estimate released on Tuesday.
The Straits Times Index on Tuesday sank 20.76 points to 3,495.09 weighed down by falls in Keppel Corp and the Jardine stable. Turnover was 1.7 billion units worth S$1.36 billion for a unit average of S$0.80 and excluding warrants, there were 182 rises versus 268 falls.