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Watch business stays downbeat

UNCERTAIN TIMES: The economic outlook for the Swiss watch industry has worsened substantially, according to Deloitte's study report.
COST CONSCIOUS: Swiss exports to Singapore, after slipping 1.4 per cent in 2014, managed to climb one per cent to 1.13 billion Swiss francs last year.


LIKE the rest of Asia, Singapore's presence was noticeably reduced at this year's Salon International de la Haute Horlogerie (SIHH) in Geneva - even though the number of exhibitors at the luxury watch fair jumped 60 per cent from a year ago.

Singapore watch retailers who