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NEW UPDATES Asean Affairs  18 March  2015  

Singapore’s exports down 9.7% on-year in February 2015

SINGAPORE: Non-oil domestic exports (NODX) in Singapore declined by 9.7 per cent on-year in February 2015, due to the contraction in both electronic and non-electronic NODX, according to statistics released on Tuesday (Mar 17) by International Enterprise (IE) Singapore.

Electronic exports decreased by 12.5 per cent on-year, in contrast to the 5.0 per cent growth in the previous month. The decrease was largely due to parts of ICs (-68.2 per cent), parts of PCs (-33.7 per cent) and ICs (-4.4 per cent), IE Singapore said.

Non-electronic exports contracted by 8.5 per cent in February, in contrast to the 4.0 per cent increase in the previous month. The decline was led by petrochemicals (-30.9 per cent), pharmaceuticals (-22.4 per cent) and primary chemicals (-24.3 per cent), it said.

On a year-on-year basis, NODX to all of the top 10 NODX markets - except South Korea, US, Thailand and Malaysia - decreased in February. The top three contributors to the NODX contraction in February were China, Japan and Taiwan.

Non-oil re-exports (NORX) rose by 0.9 per cent on-year in February, after the 12.7 per cent expansion in the previous month, due to an increase in electronic NORX which outweighed the decrease in non-electronic NORX.

Electronic re-exports rose by 4.6 per cent on-year, following the 23.5 per cent increase in the previous month, IE Singapore said. The expansion was due to telecommunications equipment (+53.9 per cent), ICs (+3.2 per cent) and disk media products (+42.3 per cent).

Non-electronic NORX contracted by 3.0 per cent on-year, in contrast to the 2.0 per cent growth in the previous month. The contraction was due to civil engineering equipment parts (-25.8 per cent), primary chemicals (-48.5 per cent) and electrical circuit apparatus (-21.6 per cent).

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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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