The Business Times
business-time-50
SUBSCRIBERS

2015 exports and trade forecasts cut, again

NODX to grow 0.5-1.0 per cent for 2015, while total merchandise trade is likely to fall 10-10.5 per cent: IE

google-preferred-sourceAdd BT as a preferred source
Published Wed, Nov 25, 2015 · 09:50 PM
    Disappointing Q3 trade performance

    Singapore

    THE official full-year growth forecasts for non-oil domestic exports (NODX) and total trade have been trimmed for a third time, after a disappointing showing by both in the third quarter.

    Trade promotion agency International Enterprise Singapore now put NODX's year-on-year growth at 0.5 to 1.0 per cent for 2015, a downward adjustment from earlier forecasts of 1-2 and 1-3 per cent.

    TRENDING NOW

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    For the six months, Singtel's underlying net profit is up 10.6% at S$1.4 billion.

    Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus

    Evidence showed the parties intended the 99-1 ratio to reflect both their legal and beneficial ownership of the property.

    Apex court rejects resulting trust claim in 99-1 condo dispute

    Teo Siong Seng, chief executive of Singamas, was named as one of the individuals alleged to be involved in price fixing.

    Singapore shipping veteran, SBF chair Teo Siong Seng and others accused by US of price fixing

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More