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Singapore trade recovery to continue after May NODX growth

Author: Nurluqman Suratman
2021/06/18
SINGAPORE (ICIS) Singapore s external-facing
industries including petrochemicals are
expected to benefit from the continued recovery
in global demand and higher oil prices after
posting strong growth last month.
The country s exports of petrochemicals rose by
55.7% year on year to Singapore dollar (S$)
1.41bn in May, supporting the overall growth in
non-oil domestic exports (NODX), data from
Enterprise Singapore showed.
Given the strengthening exports to Singapore’s
key trading partners, this also suggests that
trade demand in the region as a whole has
continued to stay buoyant, a remarkable feat
....

Global Markets Research , Japan Nomura Global Markets Research , Enterprise Singapore , Nomura Global Markets , உலகளாவிய சந்தைகள் ஆராய்ச்சி , ஜப்பான் நொமுர உலகளாவிய சந்தைகள் ஆராய்ச்சி , நிறுவன சிங்கப்பூர் , நொமுர உலகளாவிய சந்தைகள் ,

Singapore to see strong GDP rebound after 2020 contraction

Author: Nurluqman Suratman
2021/02/16
SINGAPORE (ICIS) Singapore s economy is
expected to see a strong rebound this year
after contracting by 5.4% in 2020, supported by
a robust manufacturing sector as its
outward-oriented sectors continue to benefit
from rising external demand.
The country s GDP fell by 2.4% year on year in
the fourth quarter of 2020, weighed by the
27.4% and 4.7% contractions in the construction
and services-producing sectors, respectively,
according to data from the Ministry of Trade
and Industry (MTI).
Singapore s economic forecast for 2021 has been
maintained at “4.0% to 6.0%” as uncertainties
and ....

Japan Nomura Global Markets Research , Nomura Global Markets Research , ஜப்பான் நொமுர உலகளாவிய சந்தைகள் ஆராய்ச்சி , நொமுர உலகளாவிய சந்தைகள் ஆராய்ச்சி ,