Tuesday #sgroundup: S'pore economy to grow 3.0 per cent in 2014
Here are today's top trending stories in case you missed them.
Singapore economy to grow 3.0 percent in 2014: govt
Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said on Tuesday.
Gross domestic product (GDP) expanded 3.3 percent year-on-year in the nine months to September, but is likely to ease in the final quarter "in line with a projected slowdown in the global economy", the Ministry of Trade and Industry (MTI) said in a statement.
https://sg.news.yahoo.com/singapore-economy-grow-3-0-percent-2014-govt-045303638--finance.html
Singapore's GIC to invest in Indonesian real estate
Singapore's sovereign wealth fund GIC and Rajawali Group will jointly invest $500 million in Indonesian real estate with a focus on projects in fast-growing Jakarta, both firms said on Tuesday.
The joint venture would involve the development of office, retail, residential as well as mixed-used projects in Indonesia, the Singapore firm said in a statement on its website.
https://sg.finance.yahoo.com/news/singapores-gic-invest-indonesian-real-estate-063001884--finance.html?linkId=10730256
Hong Kong clears part of unruly protest site
Hong Kong authorities on Tuesday began clearing away some barricades from part of a pro-democracy protest site in Mong Kok district, scene of previous violent confrontations with police and angry mobs.
Police were on hand to assist bailiffs working under a court order to remove obstructions from the site, which activists have occupied for nearly two months. It said police are authorized to arrest anyone obstructing the bailiffs.
https://sg.news.yahoo.com/hong-kong-clear-more-protest-barricades-132844171.html?linkId=10729091
Two mobile phone businesses at People’s Park Complex close down: CASE
Two mobile phone shops in People's Park Complex blacklisted by the Consumers Association of Singapore (CASE) have closed their businesses and given up their leases at the shopping complex.
In a statement released on Tuesday, CASE named the two shops as Mobile Alliance and Tele Infinity.
https://sg.news.yahoo.com/two-mobile-phone-businesses-at-people-s-park-complex-close-down--case-050402557.html?linkId=10729286
Gunshots echo as violence returns to Ferguson, protests across U.S
Gunshots pierced the air as an angry crowd threw bottles outside the Ferguson Police Department in suburban St. Louis after a grand jury on Monday decided not to indict a white officer in the shooting death of an unarmed black teen.
The police lobbed tear gas in response as a few hundred protesters took to the streets, with some setting fire to a police cruiser and another car and some buildings.
https://sg.news.yahoo.com/gunshots-ring-tear-gas-fired-violence-returns-ferguson-050014063.html
