Singapore's non-oil exports surge 17 percent in August
Singapore's non-oil domestic exports (Nodx) in increased 17 percent in August, reported the trade agency International Enterprise (IE) Singapore.
Illustrative photo (Source: straitstimes.com)Singapore (VNA) – Singapore's non-oil domestic exports (Nodx) in increased 17 percent in August, reported the trade agency International Enterprise (IE) Singapore.
Nodx expanded for a fourth straight month thanks to increases in both electronic and non-electronic sales.
On a month-on-month and seasonally adjusted basis, shipments were up 4.5 percent, after falling 3.3 percent in July.
On a year-on-year basis, electronic Nodx surged by 21.7 percent in August, following the 15.3 per cent growth in July and topping forecast for 15 percent growth.
Growth was led by integrated circuits or chips (ICs), disk media products and parts of ICs, which increased by 36.8 percent, 13.3 percent and 44.8 percent respectively.
Non-electronic products did well too, rising by 15 percent, much better than the 4.4 percent growth in the previous month.
Non-monetary gold, petrochemicals and specialised machinery increased by 137.7 percent, 31.9 percent and 44.9 percent respectively, contributing the most to the expansion.
August shipments to the majority of Singapore's top export markets rose, led by China, Hong Kong and the Republic of Korea.-VNA
You should also see
PM attends ceremony to start work on Him Lam resistance centre renovation project
Prime Minister Pham Minh Chinh on April 17 attended a ceremony to start work on a project to renovate Him Lam resistance centre, a part of the Dien Bien Phu complex of fortifications in the northern mountainous province of Dien Bien.
See more
World
Cambodia sees record number of tourists during traditional New Year holiday
Cambodia recorded almost 22 million domestic and international visitors travelling to different tourist destinations nationwide during the four-day traditional New Year holiday, from April 13 to 16.
World
Indonesia raises alert level to highest, warns of tsunami as volcano erupts
An airport in Madano city, the capital of Indonesia’s North Sulawesi province, has been ordered closed while hundreds of people evacuated and the alert level raised to the highest on April 18 due to large-scale volcanic eruptions of Mount Ruang.
World
ASEAN culture promoted in Mexico
Typical and diversified culture of ASEAN countries is being promoted at the ongoing ASEAN Week at the headquarters of Mexico’s Chamber of Deputies in Mexico city from April 15-19.
World
Thailand, New Zealand agree to elevate ties to strategic partnership
Thailand and New Zealand on April 17 agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.
World
Japan’s 2024 Diplomatic Bluebook sketches out cooperation orientation with ASEAN
The Foreign Ministry of Japan on April 16 announced its 2024 Diplomatic Bluebook, which clarifies the country's orientations to expand relations with the Association of Southeast Asian Nations (ASEAN) in general and Vietnam in particular.
