World

Singapore’s exports maintain growth trend in August

Singapore’s non-oil domestic export (NODX) went up 5 percent annually, driven by non-electronics, according to the International Enterprise (IE) Singapore on September 17.
Singapore’s exports maintain growth trend in August ảnh 1Illustrative image (Source: Internet)  
Hanoi (VNA) – Singapore’snon-oil domestic export (NODX) went up 5 percent annually, driven bynon-electronics, according to the International Enterprise (IE) Singapore on September17.

NODX rose by 0.4 percent inAugust to 11.35 billion USD after jumping 3.6 percent in July.

Export of non-electronicsincreased by 7.8 percent, lower than an 18.6 percent growth in July. Meanwhile,pharmaceuticals maintained an impressive growth of 33.4 percent, followed byfood and measurement tools.

Electronics exports fell by 1.5percent compared to 5.8 percent in the previous month, mostly transistors, componentsof personal computers and integrated circuits.

Singapore’s exports to top 10markets grew moderately, mostly the US, Europe and Indonesia. Shipments toChina, the largest single market of Singapore, dropped 17.8 percentyear-on-year, mostly due to falling electronics exports.

Non-oil re-export (NORX) jumpedby 14.1 percent in August thanks to growth in both electronics andnon-electronics, pushing up Singapore’s total trade by 13.3 percent during themonth.

Thanks to positive signals sinceearly this year, policymakers revised up non-oil exports to 2.5-3 percent,higher than the initial estimate of 1-3 percent.-VNA
VNA
#non-oil domestic export #Vietnamplus #Vietnam News Agency #International Enterprise Singapore #non-electronics #non-oil re-export Singapore
Follow VietnamPlus

Related News

Illustrative image (Source: VNA)

Singapore’s imports from Vietnam continues increasing

According to International Enterprise (IE) Singapore, Singapore’s cumulative imports from Vietnam in the first seven months of this year reached almost 1.8 billion SGD (1.4 billion USD), an increase of 15.7 percent over the same period last year.
Vietnam, Singapore trade turnover keeps rising

Vietnam, Singapore trade turnover keeps rising

Two-way trade turnover between Vietnam and Singapore exceeded 11 billion SGD in the first eight months of this year, an increase of 3.5 percent year on year, according to a report.
Singapore: Economy grows 1.8 percent in Q1

Singapore: Economy grows 1.8 percent in Q1

Singapore ’s economy rose only 1.8 percent year-on-year in the first quarter of this year, according to estimates released by the country’s Ministry of Trade and Industry.
Singapore’s exports surge in January

Singapore’s exports surge in January

Singapore’s non-oil domestic export reached higher – than – expected 8.6 percent in January, becoming the third straight expanding month since last November, said the International Enterprise (IE).

See more

Foreign arrivals wait to go through the immigration process at Suvarnabhumi airport. (Bangkok Post file photo)

Thailand shortens visa-free stay to 30 days

Minister of Tourism and Sports Sorawong Thienthong said the issue had been widely discussed among all related stakeholders in the past few weeks, and they all agreed in principle to reduce the period of stays from 60 days to 30 days for citizens from countries granted a visa exemption under the programme.

Malaysia warns against cryptocurrency investment scams (Photo: theedgemalaysia.com)

Malaysia warns against cryptocurrency investment scams

According to Bukit Aman Commercial Crime Investigation Department (CCID) Director Datuk Seri Ramli Mohamed Yoosuf, cryptocurrency scams have become a major commercial crime trend, often luring professionals and retirees with promises of high returns.

Malaysian Prime Minister Datuk Seri Anwar Ibrahim. (Photo: Bernama)

Malaysia warns of trade wars, tariffs

Malaysian Prime Minister Anwar Ibrahim reaffirmed Malaysia’s commitment to sustainable, inclusive, and equitable growth, as well as its ambition to strengthen its position as a key hub for trade, investment, and technological innovation.

Thai Minister of Commerce Pichai Naripthaphan (Photo: moneyandbanking.co.th)

Thailand, EU accelerate FTA negotiations, aim for December completion

Thailand's exports to the EU totaled 24.2 billion USD, including computers, jewelry, air conditioners, rubber products, and automobiles, while imports from the EU amounted to 19.3 billion USD, mainly comprising machinery, pharmaceuticals, aircraft, chemicals, and electrical equipment.

Thailand expands curbs on illegal goods (Photo: BangkokPost)

Thailand expands curbs on illegal goods

Thai authorities have intensified efforts to combat illegal goods and foreign owned proxy enterprises registered under Thai nationals’ names to protect consumers, ensure fair competition, and curb economic losses, estimated at over 16 billion THB ( 470.5 million USD).

A view of the Khao Yai National Park. (Photo: thaipbs.or.th)

Thailand considers allowing private management of some services in national parks

Minister of Natural Resources and Environment Chalermchai Sri-on said on March 14 that he has visited many national parks in the past several months and discovered that their officials not only have to protect the forests and wildlife from poachers, but also have to provide services to visiting tourists, such as room rentals and food services.

In Bali, Indonesia (Photo: Jakarta Post)

Indonesia to convert waste into fuel, power in 30 big cities

Indonesian Deputy Minister of Energy and Mineral Resources Yuliot Tanjung said each city can produce around 20 megawatts of electricity. The products obtained from waste processing will not be limited to electricity but also include fuel oil, which will be produced using pyrolysis technology.