星展銀行：新加坡製造業下半年景氣或轉弱

環球市場播報

04-25

　　星展銀行高級經濟學家在致客戶的電郵分析中指出，新加坡製造業前景面臨壓力。

　　儘管該國3月製造業產值同比增幅擴大至5.8%，主要受益於去年同期低基數效應，這一增速較2月份經向上修正後的0.9%明顯提升，但隨着美國主要貿易伙伴大幅加徵關稅，全球貿易保護主義抬頭，可能抑制外部需求，進而衝擊新加坡製造業復甦態勢。

　　“作爲外向型經濟體，新加坡工廠正暴露於美國關稅政策‘過山車效應’帶來的高度不確定風險之中。”經濟學家特別強調，政策環境的劇烈波動使企業面臨的非經濟性風險顯著上升。

海量資訊、精準解讀，盡在新浪財經APP

責任編輯：王許寧

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16:56</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><div>\n<p>　　星展銀行高級經濟學家在致客戶的電郵分析中指出，新加坡製造業前景面臨壓力。</p>\n<p>　　儘管該國3月製造業產值同比增幅擴大至5.8%，主要受益於去年同期低基數效應，這一增速較2月份經向上修正後的0.9%明顯提升，但隨着美國主要貿易伙伴大幅加徵關稅，全球貿易保護主義抬頭，可能抑制外部需求，進而衝擊新加坡製造業復甦態勢。</p>\n<p>　　“作爲外向型經濟體，新加坡工廠正暴露於美國關稅政策‘過山車效應’帶來的高度不確定風險之中。”經濟學家特別強調，政策環境的劇烈波動使企業面臨的非經濟性風險顯著上升。</p>\n<div>\n<div><img src=\"\"/></div>\n<div>海量資訊、精準解讀，盡在新浪財經APP</div>\n</div>\n<p>責任編輯：王許寧 </p>\n</div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.sina.com.cn/stock/usstock/c/2025-04-25/doc-ineuknpt2544936.shtml\">環球市場播報</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001226.SGD","symbol_name":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) 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