World

Singapore’s non-oil exports down 15.5 percent in May

Singapore’s non-oil domestic exports (NODX) decreased by double digits for the third straight month in May, according to the latest report released by the Enterprise Singapore on June 17.
Singapore’s non-oil exports down 15.5 percent in May ảnh 1Singapore’s non-oil domestic exports decrease by 15.5 percent in May (Source: businesstimes.com.sg)

Singapore (VNA) – Singapore’s non-oil domestic exports (NODX) decreasedby double digits for the third straight month in May, according to the latestreport released by the Enterprise Singapore on June 17.

In the month, NODXfell by 15.5 percent year-on-year, following decreases of 11.8 percent in Marchand 10 percent in April.

The report attributed thereduction to declines in both electronic and non-electronic shipments.

Electronic NODX fellby a sharp 31.4 percent in May, following the 16.3 percent decrease in theprevious month, while non-electronic NODX decreased by 10.8 percent last month,after the 8 percent decline in April.

Decreases inSingapore’s exports were seen in nine out of its 10 biggest importers, with thehighest rates reported in China, Hong Kong and Taiwan. The country’s exportturnover to the US increased by 2.2 percent.

Recently, theSingaporean Ministry of Trade and Industry adjusted the forecast economic growthrate for 2019 from 1.5-3.5 percent to 1.5-2.5 percent.-VNA
VNA
#Singapore #non-oil domestic exports #May #Enterprise Singapore #electronic and non-electronic shipments #Vietnam #Vietnamplus #Vietnam News Agency Singapore
Follow VietnamPlus

Related News

See more

(Photo: pib.gov.in)

India, ASEAN step up talks to upgrade trade in goods agreement

India and ASEAN signed AITIGA in 2009 to promote trade liberalisation and expand economic ties. However, changes in trade patterns, supply chains and the global economic environment have created a need to update the agreement to reflect current conditions.

Cambodia seeks to improve healthcare quality, support people

Cambodia seeks to improve healthcare quality, support people

Speaking at a ceremony on October 7 marking the 80th anniversary of the University of Health Sciences in Phnom Penh, PM Hun Manet said more than 2.25 million women had benefited from government cash support from pregnancy until their children turn two in the first half of 2026.

Bangkok named world's best city for 2026

Bangkok named world's best city for 2026

Bangkok scored 97.68 points, surpassing Paris of France with 97.14 points and Istanbul of Türkiye with 96.67 points, which ranked second and third, respectively, according to the magazine's latest poll.

Ambassador Do Hung Viet, Permanent Representative of Vietnam to the UN, speaks at the general debate of the Third Committee of the 81st session of the UN General Assembly in New York on October 6, 2026. (Photo: VNA)

Vietnam, ASEAN highlight inclusive social development at UN

ASEAN will continue to work closely with the UN under the ASEAN–UN Plan of Action for 2026–2030, helping translate commitments to social development into concrete and sustainable outcomes and bring tangible improvements to people's lives, particularly those of vulnerable groups, Ambassador Do Hung Viet affirmed.

Indonesia expand carbon market incentives

Indonesia expand carbon market incentives

Coordinating Minister for Food Zulkifli Hasan outlined three primary sectors open to green investment, including sustainable agriculture through low-emission rice cultivation, waste-to-energy processing, and marine conservation through blue carbon development.

A shop in Jakarta, Indonesia (Photo: VNA)

Indonesia, Timor-Leste uphold new economic potential

Addressing the Bali–Timor-Leste Business Forum in Denpasar, Bali, last weekend, Bali Governor Wayan Koster said the two sides are well-placed to develop sectors where their respective strengths can complement each other.

Malaysia calls on ASEAN to jointly tackle haze

Malaysia calls on ASEAN to jointly tackle haze

Malaysian Minister of Natural Resources and Environmental Sustainability Arthur Joseph Kurup said on October 6 as host of the 28th Sub-Regional Ministerial Steering Committee (MSC) Meeting in 2027, Malaysia would use its chairmanship to translate the ASEAN Agreement on Transboundary Haze Pollution (AATHP) into concrete action by enhancing data sharing, improving law enforcement and cross-border cooperation.

Singapore proposes boosting the ASEAN power grid. (Illustrative photo: VNA)

Singapore outlines priorities for 2027 ASEAN Chairmanship

Singapore’s Minister for Sustainability and the Environment Grace Fu said at the recent launch of the Southeast Asia Climate Outlook Survey 2026 that ASEAN should focus on building up its regional power grid, boosting climate finance and increasing its resilience against climate change impacts.