Strong export sales expected in 2H 2011:DBS

As long as Asia central banks do not "overkill" in their monetary tightening, Singapore should see external demand picking up again towards the second half of 2011.

In a statement, DBS said they believe that Asian central banks are still behind the curve in their monetary policy. That should imply low risk of policy overkill and hence stronger production and export sales ahead.
 

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