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Singapore keeps 2024 growth forecast at 1-3%; no revision to Q1 growth

SINGAPORE has maintained its official full-year growth forecast for 2024 at a range of 1 to 3 per cent, as the external demand outlook remains resilient and is expected to improve for the rest of the year, the Ministry of Trade and Industry (MTI) said on Thursday (May 23).

Singtel sinks to S$1.3 billion H2 loss on Optus-led impairments; stronger sustained dividends expected

SINGTEL sank into the red with a net loss of S$1.3 billion for its second half ended Mar 31, 2024, compared with a net profit of S$1.1 billion in the same period a year earlier.

COE premiums stable as big-car category edges toward S$106,000 

THE results of the bidding for Certificates of Entitlement (COE) in May’s second round were mixed, but stable. No category saw an increase of more than 3 per cent, although the category for large cars rose again, edging towards S$106,000.