Hi-Tech Sector shows Continued Confidence in Export Markets.Hi-tech hi-tech adj. Variant of high-tech. hi-tech Adjective using sophisticated, esp. electronic, technology Adj. 1. exporters are enjoying a long period of sustained recovery according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature Quarterly Export Indicator, which has tracked the view of the UK's leading manufacturing exporters for since 1992. Short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. export confidence has risen 9 points on last quarter - the highest confidence levels of all industry sectors polled. And high tech exporters are confident of full order books in the long term too: 80% of those surveyed expected orders to increase over the next 12 months. However, concern about the strong pound continues to grow. Six months ago just over half of hi-tech exporters thought that exchange rates would be the most important factor to impact negatively on sales but this has now risen to 60%. DHL International (UK) L.td said: "The confidence factor all points to a stabilising Adj. 1. stabilising - causing to become stable; "the family is one of the great stabilizing elements in society" stabilizing helpful - providing assistance or serving a useful function influence on the economy despite recent discussions on the Euro and fears of a strong pound. It's a tribute to hi-tech exporters that they have achieved this performance in an increasingly competitive world economy." Other findings of the latest DHL Quarterly Export Indicator include: Single Currency Support for the single currency is increasing steadily among hi-tech exporters. A third of exporters were in favour of the introduction of the Euro The introduction of the euro took place principally between 31 December 1998, when the exchange rates between the euro and legacy currencies in the Eurozone became fixed, and early 2002, when euro notes and coins were introduced and the legacy currencies withdrawn. six months ago. Now 49% believe it would be helpful if Britain joined the single currency. Key Markets: Increased confidence in China Hi-tech exporters are looking towards the emerging market of China for an increase in orders over the next twelve months with 60% of those surveyed expecting to increase or maintain sales to these markets www.dhl.co.uk. |
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