The December imports growth came higher than our expectations. This means that we can expect a better export performance in the months ahead.
More Quotes from Euben Paracuelles:
We remain cautiously optimistic that Philippine exports will eventually catch some wind and ride the ongoing global electronics demand upturn at least within the first half of the year.Euben Paracuelles
It's a respectable number for the wrong reasons. It's still oil that's driving imports whilst electronics, which are the No.1 export, are still down. We will surely see some slowdown in exports.
Euben Paracuelles
High oil prices are kind of benefiting Singapore in a way. We're seeing some increase in the order books of all these companies, the oil rig manufacturers.
Euben Paracuelles
Continuous strength in the electronics sector will drive growth in NODX in December.
Euben Paracuelles
There is significant saving on interest payments because of lower interest rates.
Euben Paracuelles
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