+Susen Rogen

Wednesday 29 May 2013

Philippines Shipping Report Q3 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
Philippines Shipping Report Q3 2013
May 29th 2013, 00:00

Exports suffered their first decline in some five months in January, it was reported in March 2013 by Reuters, with export growth coming in below consensus estimates. The slump was attributed to the declining demand for electronics. Economist Jeff Ng at Standard Chartered Bank, Singapore, explained: ‘We expect the electronics sector to stabilise in the coming months, given improved semiconductor book-tobill ratio and DRAM prices.’ Nevertheless, we believe that the Philippines may still see a transitory, cyclical recovery in electronics exports within the first half of 2013 in line with a boost in regional trade and improved demand dynamics within …

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