Singapore: Private sector economists here have shaved their forecasts for economic growth this year as job losses mount and an imminent Iraq war threatens to rattle the city-state's export-led recovery, according to a central bank survey.
A fall in consumer demand for Singapore's key electronics exports to its largest market for tech goods, the United States, and slower shipping and air cargo demand from an Iraq war fall-out would hurt sectors central to its entrepot-based economy.
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