Some market analysts revising inflation forecast downwards, citing lower COE prices

Some market analysts are revising their inflation forecast downwards for the second quarter of this year. They cite lower Certificate of Entitlement prices. They also say Singapore's economy continues to do well. Economists say sectors like services and manufacturing are also performing, and believe this scenario may well boost consumer spending. CNA's Jill Neubronner speaks to Chief Executive Officer of the Singapore Business Federation Kok Ping Soon and finds out what is worrying businesses the most and what newer overseas markets they are hoping to head into.