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These results mean that Singapore’s full-year Nodx contracted 13.1 per cent in 2023 from the previous year – its worst annual showing since 2001, say economists. They expect the Republic’s export recovery going forward to be “gradual and fragile”, and “somewhat bumpy in the near term”.
https://www.straitstimes.com/busine...15-in-december-as-electronics-slump-continues
–Singapore’s petrochemical exports in December fell by 14% year on year to Singapore dollar (S$) 1.09bn, weighing on overall non-oil domestic (NODX) abroad, official data showed on Wednesday.
The country’s overall non-oil domestic (NODX) for the month fell by 1.5% year on year to S$14bn, reversing the 1.0% increase in the preceding month, Enterprise Singapore data showed.
https://www.icis.com/explore/resour...-petrochemical-exports-fall-14-nodx-down-1-5/
https://www.straitstimes.com/busine...15-in-december-as-electronics-slump-continues
–Singapore’s petrochemical exports in December fell by 14% year on year to Singapore dollar (S$) 1.09bn, weighing on overall non-oil domestic (NODX) abroad, official data showed on Wednesday.
The country’s overall non-oil domestic (NODX) for the month fell by 1.5% year on year to S$14bn, reversing the 1.0% increase in the preceding month, Enterprise Singapore data showed.
https://www.icis.com/explore/resour...-petrochemical-exports-fall-14-nodx-down-1-5/