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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
Add BT as a preferred sourcePublished Wed, Nov 25, 2015 · 09:50 PM
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.
