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NEWS UPDATES Asean Affairs   18 June 2013  

Singapore's NODX down 4.6% on-year in May

Singapore's non-oil domestic exports (NODX) declined 4.6 per cent on-year in May due to a drop in electronics exports.

This follows the 1.0 per cent decline in the previous month.

Exports of electronic products dropped by 13.2 per cent in May, after the 9.0 per cent decline in the previous month.

The drop in electronic NODX was led by PCs parts (-31.6 per cent), disk media products (-40.8 per cent) and ICs (-9.5 per cent)

Meanwhile, non-electronic NODX grew by a marginal 0.2 per cent in May, following a 3.3 per cent rise in April.

The growth was led by pharmaceuticals (+19.9 per cent), printed matter (+108.8 per cent) and food preparations (+52.9 per cent).

Exports to all of the top 10 NODX markets, except China, Thailand, Hong Kong and Taiwan, decreased in May 2013.

The top three contributors to May's NODX contraction were South Korea, Malaysia and Indonesia.

Year-on-year, Singapore's total trade declined by 1.4 per cent in May, compared to the 1.9 per cent increase in April.



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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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