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Singapore retail sales up 6.2% in March, improving from Feb but below expectations
SINGAPORE retail sales rose 6.2 per cent year on year in March, extending February's rise though falling short of economists' expectations of 7.1 per cent, Singapore Department of Statistics (SingStat) figures showed on Wednesday.
Singapore SMEs performance and health have improved beyond pre-'circuit-breaker' levels: OCBC
LOCAL small and medium-sized enterprises' business performance and health have recovered, and improved beyond pre-"circuit-breaker" levels in Q1 this year.
OUE in joint venture to acquire controlling stake in Indonesian retailer Matahari
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PROPERTY developer OUE on Wednesday morning announced it had established a joint venture company with Auric Bespoke I - a wholly-owned subsidiary of Auric Capital Holdings - with the intention of acquiring up to a 40 per cent stake in Jakarta-listed PT Matahari Department Store Tbk.
Prudential wins lawsuit against ex top agency manager over exodus of over 200 agents
PRUDENTIAL Assurance Co Singapore won a lawsuit against its former top group agency manager Peter Tan Shou Yi in High Court on Wednesday, over the poaching of more than 220 agents for rival Aviva.
Short-term profit-taking likely on pre-emptive Phase Two measures: analysts
ANALYSTS are foreseeing a trend of profit-taking on the Singapore bourse as the Republic reinstates pre-emptive safety measures from May 8 to 30.
Hyflux gets 7 bids in second stage of investor process
TROUBLED water-treatment company Hyflux has received seven bids in the second stage of the investor process, judicial managers from Borrelli Walsh told the bourse in a regulatory update on Wednesday.
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Singapore shares fall for fourth day amid stricter Covid measures; STI down 0.8%
THE bearish mood in the Singapore markets continued on Wednesday, as investors reacted to tighter Covid-19 measures announced by the government on Tuesday evening amid a rise in community cases.
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