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SINGAPORE'S economy grew 2.2% in 2002 but may not fully recover until 2004, Prime Minister Goh Chok Tong said yesterday, suggesting the city-state might have escaped recession in the 4th quarter.
Hotel magnate Ong Beng Seng won control of NatSteel Ltd yesterday, but only by a wafer-thin margin, ending an eight-month takeover battle for the cash-rich steel miller.
STANDARD Chartered, India#039;s largest foreign bank, has recently announced aggressive plans to expand its distribution network and branch footprint across India, with the opening of 23 new branches during 2003, the bank said in a statement.