Singapore Dec exports slide as downturn in sales to China deepens

[krafty]

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/singapores-nodx-in-worse-than-expected-december-slump.html

 

[Hans168]

worse yet to cum........

 

[johnny333]

didn't know that Spore still had an electronics industry.

 

[Poomer]

didn't know that Spore still had an electronics industry.

Got... based in a notorious mall, salespeople get charged becoming very common...

 

[kryonlight]

Don't worry. Just get the 70% to sing this song in unison and everything will be fine.

[video=youtube;CTMMRrxx-Ug]https://www.youtube.com/watch?v=CTMMRrxx-Ug[/video]

 

[blueRad]

Don't know why our govt want to expose so much of our economy to China.

 

[kryonlight]

Don't know why our govt want to expose so much of our economy to China.

Why complain? You voted for it anyway.

 

[winnipegjets]

Why complain? You voted for it anyway.

Fact is that the election was rigged. There is no true democracy that has the election body reporting to the PM. Even if the election department is independent, the optics is bad.

Why does the Election agency need to be under the PM?

 

[winnipegjets]

The government is bankrupt of ideas. What happened to the value added manufacturing? What happened to the plan to develop sinkapore as a design hub? Lots of empty talks with nothing to show.

Most expensive government in the world but bankrupt of ideas.

 

[virus]

Why blame china for poor export. If they hv planned properly they could b thanking african states for double digit growth]

 

[congo9]

Why blame china for poor export. If they hv planned properly they could b thanking african states for double digit growth]

Singapore can't design, can't fuck , can't innovate , can't think and can't defy their government. What else Singkie can't ? Let me think again.

Some brain dead Singkie will tell you that we can walk safely at night without fear of being rob. But again, it's a fact but you got to ask much more from this blood sucking governenment.