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02-10-2015, 10:00 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
“This has re-affirmed our view that the manufacturing sector is already in recession. It has contracted by 3 consecutive quarters in year-on-year terms and in 3 out of the past 5 quarters on a sequential basis. In fact, risk is the manufacturing sector performance may worsen in the coming months given the dicey external environment,” DBS noted.
https://sg.finance.yahoo.com/news/ma...013800736.html (https://sg.finance.yahoo.com/news/manufacturers-swamped-unsold-stock-pmi-013800736.html)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217528-Unsold-inventory-is-mounting-in-warehouses-across-Singapore&goto=newpost).
“This has re-affirmed our view that the manufacturing sector is already in recession. It has contracted by 3 consecutive quarters in year-on-year terms and in 3 out of the past 5 quarters on a sequential basis. In fact, risk is the manufacturing sector performance may worsen in the coming months given the dicey external environment,” DBS noted.
https://sg.finance.yahoo.com/news/ma...013800736.html (https://sg.finance.yahoo.com/news/manufacturers-swamped-unsold-stock-pmi-013800736.html)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?217528-Unsold-inventory-is-mounting-in-warehouses-across-Singapore&goto=newpost).