Electronics to be drag on Singapore growth - MAS

Yahoo! Finance, 30 Apr 2012
SINGAPORE, April 30 (Reuters) - Singapore's economic recovery is likely to be muted with continued weakness in electronics a drag on growth, the central bank said on Monday, painting a less rosy picture of the economy compared with forecasters in the private sector.
"Despite the rebound in Q1, the pace of recovery for the rest of the year is expected to be relatively subdued," the Monetary Authority of Singapore (MAS) said in its half-yearly macroeconomic review issued on Monday. Full story