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18-01-2016, 05:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Singapore's electronics sector has been underperforming neighbours such as South Korea and Taiwan due to fierce competition and the city state's lack of popular high-tech products such as smartphones.
"Today's NODX print reinforced our view that risks to the growth outlook is clearly skewed to the downside and could possibly elicit a further calibration in policy settings," said Weiwen Ng, an ANZ economist in Singapore.
Most economists say the city-state's central bank is unlikely to deliver a surprise off-cycle easing similar to the one in January last year, but a few see risks of monetary stimulus if oil prices fall more sharply or China's economy takes a turn for the worse.
http://www.cnbc.com/2016/01/17/singa...ber-slump.html (http://www.cnbc.com/2016/01/17/singapores-nodx-in-worse-than-expected-december-slump.html)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?223636-Singapore-Dec-exports-slide-as-downturn-in-sales-to-China-deepens&goto=newpost).
Singapore's electronics sector has been underperforming neighbours such as South Korea and Taiwan due to fierce competition and the city state's lack of popular high-tech products such as smartphones.
"Today's NODX print reinforced our view that risks to the growth outlook is clearly skewed to the downside and could possibly elicit a further calibration in policy settings," said Weiwen Ng, an ANZ economist in Singapore.
Most economists say the city-state's central bank is unlikely to deliver a surprise off-cycle easing similar to the one in January last year, but a few see risks of monetary stimulus if oil prices fall more sharply or China's economy takes a turn for the worse.
http://www.cnbc.com/2016/01/17/singa...ber-slump.html (http://www.cnbc.com/2016/01/17/singapores-nodx-in-worse-than-expected-december-slump.html)
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?223636-Singapore-Dec-exports-slide-as-downturn-in-sales-to-China-deepens&goto=newpost).