1990: Debut of ultimately ill-fated CLOB

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AS Singapore entered a new decade, the spotlight swung away from international affairs and onto highprofile developments in the local scene that marked the country's coming into its own and set the stage for more to unfold. Succession in domestic politics, with Goh Chok Tong taking the reins as Singapore's second prime minister, was accompanied by significant changes in the financial arena.



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