Electronic shock

Article Abstract:

A global slowdown in the electronics market has affected the Singapore economic growth rate, but this may not be a bad thing. The growth rate declined to 7% after several years of 9% to 10% growth rates. This has caused worry in some quarters, and some analysts are predicting the growth rate may fall even further. Nonetheless, 7% is still strong compared with many other economies, inflation remains at 1.2%, and slower growth will relieve cost pressures and permit investments in capital and training.

Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Electronics industry

---

Roaring again

Article Abstract:

Singapore has seen a spurt of growth in the second quarter, indicating that the rebound in manufacturing is underway. Industrial output rose 3.2% in the quarter to June 30, helped by recovery in electronics and expansion in chemicals. Financial services have also expanded, helped by volatile foreign exchanges and Asian Currency Unit markets. There are concerns that the country's competitiveness could be reduced in the medium term because of rising costs, however.

---

Similar abstracts:

• Abstracts: Far out: Singapore companies flee to the suburbs. Their finest hour: Singapore watch store exploits a niche. Paradise lose: retailing
• Abstracts: Beer on troubled waters: Singapore brewer decides Cambodia's worth the risk. Hidden costs: investors flock to Cambodia, but beware
• Abstracts: Links for the future. Building inroads. Making inroads in Asia
• Abstracts: India is awash in dead stocks; boom turns to bust, leaving thousands of dormant shares. Reliance dispute highlights bourses' competition in India
• Abstracts: Beijing's assurances on economic reform please the U.S. China's bid for WTO. Mixed signals on trade from China trouble U.S

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.