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NEWS UPDATES Asean Affairs     May 18, 2017  






Singapore exports down 0.7% in April after 5 straight months of growth

Singapore's non-oil domestic exports (NODX) unexpectedly fell in April after five consecutive months of growth, due to a sharp decline in the pharmaceutical exports.

Exports dropped 0.7 per cent from a year earlier, data from trade agency International Enterprise Singapore (IE Singapore) showed on Wednesday (May 17). They also fell on a seasonally adjusted month-on-month basis, with April's exports 9 per cent down from March.

Pharmaceutical exports fell 39.9 per cent on a year-on-year basis in April, after growing 17.7 per cent in March. But analysts say that the decline is a "one-off" that would moderate in the months to come as the sector is volatile.

"The pharmaceutical sector is liable to a two-way swing," said Mizuho senior economist, Vishnu Varathan.--Channel News Asia


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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