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NEW UPDATES Asean Affairs  18 April 2014  

Singapore's NODX fall 6.6% in March

SINGAPORE: Non-oil domestic exports (NODX) in Singapore declined 6.6 per cent on-year in March.

In a statement on Thursday, International Enterprise Singapore said the decline was due to a contraction in electronic and non-electronic NODX.

The fall in NODX comes after an 8.9-per cent on-year rebound in February.

On a month-on-month seasonally-adjusted basis, NODX contracted 8.9 per cent in March due to decrease in electronic and non-electronic NODX.

Electronic NODX fell 16.1 per cent on-year in March. The decline was mainly due to fall in exports of parts of PCs and disk drives.

Non-electronic NODX contracted 2.4 per cent on-year in March. The decline was largely attributed to lower exports in pharmaceuticals, aromatic chemicals and specialised machinery.

However, total trade rose 11.4 per cent on-year in March, following a 9-per cent increase in February.

Total exports grew 7.9 per cent, while total imports rose 15.3 per cent on-year.

Oil domestic exports expanded 6.9 per cent on-year in March, mainly due to higher sales to China, Indonesia and Vietnam.

Non-oil re-exports (NORX) rose 18.7 per cent on-year in March, following a 15.5-per cent expansion in February. This was due to an increase in electronic and non-electronic NORX.

Electronic NORX went up by 19 per cent due to diodes and transistors, integrated circuits and parts of integrated circuits.

Non-electronic NORX grew 18.4 per cent. This was mainly due to jewellery, non-electric engines and motors, precious stones and pearls.

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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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