Chua Bin
Chua Bin
ending high low note year
We started the year on a low note and we are ending the year on a high because all sectors bounced back.
economic game government looks paralysis policies push terms whatever
There's no way any new government will want to push through privatization. Whatever the end game looks like, the paralysis in terms of economic policies is still a threat.
open singapore tends
Singapore being very open tends to be more sensitive.
buoyant car economy firmly fourth given hold jobs optimistic quite reason retail sales seeing suggesting
There is reason to be optimistic because we are seeing some firming of COE prices, suggesting car sales are still quite strong. Given the buoyant economy and jobs growth, retail sales will hold up quite firmly in the fourth quarter.
difficult
It's not really a broad-based slowdown. I find it difficult to be too alarmist.
difficult
It's not really a broad-based slowdown, ... I find it difficult to be too alarmist.
becomes china currency exports relative
It's the relative-competitiveness angle. If China has a currency that is going to appreciate, then your currency becomes more competitive relative to China and your exports should do better.
invest scope
It's saturated ... there is really not much more scope to invest in Singapore.
lifting recovery second strong tech vengeance
A strong tech recovery is lifting fourth-quarter manufacturing and GDP growth. Pharmaceuticals have also come back with a vengeance in the second half, after languishing in the first half.
continue expand overall pace
Overall it's still good. It will continue to expand at a blistering pace for at least the first half.
aggressive car figure following fuel rate sales
We think fourth-quarter GDP figure will be very weak. Car sales plunged following the very aggressive rate tightening and fuel subsidy cuts.
across global held recovery
It held up very well across the board. Electronics did very well with the recovery in global demand.