World

Singapore’s exports increase after three-month drop

The Enterprise Singapore announced on May 17 that the country’s non-oil domestic exports (NODX) increased again in April after three consecutive months of declining, thanks to the higher increase in non-electronic exports over the decrease in electronic exports.
Singapore’s exports increase after three-month drop ảnh 1The Tanjong Pagar port of Singapore (Photo: AFP/VNA)
Singapore (VNA) – The Enterprise Singapore announcedon May 17 that the country’s non-oil domestic exports (NODX) increased inApril after three consecutive months of declining, thanks to the higher increasein non-electronic exports over the decrease in electronic exports.

NODX grew by 11.8 percent year-on-year in April, after the 3.2 percent declinein the previous month, surpassing economists’ earlier forecast of 7.3 percent.

The export of non-electronic products rose 19.6 percent while that ofelectronic goods dropped 6.9 percent.

NODX to the majority of the top markets grew in the month, except Taiwan (China)and the Republic of Korea, Malaysia and Hong Kong (China). The growth was ledby China, the EU and the US.

The country's total trade rose over the year in April, supported by bothimport and export growth.-VNA

VNA
#Enterprise Singapore#non-oil domestic exports#non-electronic exports#electronic goods#non-electronic products#vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Singapore’s GDP forecast to grow 3.2 percent in 2018

Singapore’s GDP forecast to grow 3.2 percent in 2018

The Monetary Authority of Singapore (MAS) – the central bank - said on March 14 that economists have raised their forecasts for the country’s economic growth in 2018, as they upgraded their views on private consumption as well as wholesale and retail trade.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.