atans1

Outlook for S’pore’s major export

In Economy on 14/08/2010 at 10:51 am

The near-term outlook for the information, communication and technology (ICT) sector is stable. The North American semiconductor book-to-bill ratio stood at 1.12 in May 2010. This  indicates that orders are still stronger than shipments and point to an expansion in the months ahead.

This is continued good news for  Singapore, and Malaysia and Thailand, which also have sizeable ICT sectors.

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