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'Manageable' risks ahead for Singapore economy: UOB

Though downside risks abound, they aren't likely to create shocks for the economy, say its economists

Published Tue, Jan 5, 2016 · 09:50 PM

Singapore

THE impact of the past two days' Chinese stock market rout on China's economy will be limited, as the country makes a transition towards a more stable and mature financial system, UOB economists have said.

And China's transition is but one of the shifts that will make an impact on Singapore's economy in the year ahead, together with oil prices and other geopolitical risks, but these will not be disrupting Singapore's growth too much, they suggested at a media briefing on Tuesday.

Jimmy Koh, the bank's head of global economics and markets research, said: "If you look at all the previous economic crises, they often come from the most unexpected corners. But if you look at all the 'known unknowns', I think it's mana…

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