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Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore,  pop over and join in the fun.

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Old 26-09-2015, 08:40 AM
Sammyboy RSS Feed Sammyboy RSS Feed is offline
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Thumbs up s'pore officially in technical recession

An honorable member of the Coffee Shop Has Just Posted the Following:

Singapore at risk of a technical recession if industrial production dips 6.8%

yesterday's release of industrial production at -7%

External headwinds arising from the deceleration in China’s growth was the key reason behind the dire outcome. PMIs of all key markets have also turned southwards while the knock-on effects from the equity market debacle in China and the impact of the yuan devaluation have yet to be fully manifested in the headline number. These factors essentially underscored the dicey global outlook and contributed to the slump in demand.

https://sg.finance.yahoo.com/news/si...020600919.html


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