important source of growth, particularly prior to the pandemic, so it is starting to mmp pandemic, so it is starting to ramp up again. pandemic, so it is starting to ramp up again- pandemic, so it is starting to ramp up again. meanwhile, the rest of southeast ramp up again. meanwhile, the rest of southeast asia, - rest of southeast asia, including here in singapore, economies have been hit by the weakening demand overseas was our economy scoping and when can see things turning in your view? economies coping? what view? economies coping? what we re seeing view? economies coping? what we re seeing is view? economies coping? what we re seeing is the view? economies coping? what we re seeing is the export - we re seeing is the export picture, so the merchandise trade picture right across southeast asia is weak. we are seeing that the tech cycle is still in the downswing and commodity prices are still of course very weak as as a result of that we can to demand optional.
particularly prior to the pandemic. so it s starting to ramp up again. meanwhile, the rest of south east asia, including here in singapore, economies have been hit by those weakening demand overseas. how are economies coping and when can we see things turning, in your view? so what we re seeing is that, you know, the export picture amd the merchandise trade picture right across southeast asia is weak. we re seeing that the tech cycle is still in that downswing and commodity prices are still, of course, very weak as a result of that weakened demand offshore. we re expecting that things, unfortunately, aren t really going to materially improve until early next year. i mean, in the us as well as europe, those economies, their domestic demand is incredibly weak as a result of the monetary tightening schedules and the aggressive monetary tightening schedule, as i should say, that have taken place. and so we ll increasingly see the impact of those rate hikes in weakened domestic demand throu
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