S'pore well-placed to capitalise on demands of an affluent Asia
Wed, Oct 30, 2013 - 6:00 AM
During the latter half of the 2000s, Singapore's services exports to its regional neighbours recorded robust average growth of around 12 per cent annually - PHOTO: SPH
[SINGAPORE] As Asia gets richer and demands more high-end consumer goods and modern services, Singapore is well positioned to capitalise on this trend, said the latest Macroeconomic Review of the Monetary Authority of Singapore.
Over the past decade, Asia has emerged as a significant...