Tag Singapore

man standing and facing boats on water

Singapore’s Non-Oil Exports Continue to Fall in December

Singapore’s domestic non-oil exports (NODX) fell for the third consecutive month in December due to weak global demand, according to data released by EnterpriseSG. NODX fell by 20.6% in December, following a 14.7% decrease in November. Both electronic and non-electronic…

ship with container vans

Singapore’s exports to the main Asian markets fell sharply

Singapore’s domestic non-oil exports (NODX) fell 14.6% in November from a year earlier. This was the second consecutive month of declining exports, following a 6.1% drop in October after nearly two years of growth. Enterprise Singapore (ESG) reported Friday that…

merlion singapore

Retail sales in Singapore up again in October

Retail sales in Singapore rose 10.4% year-on-year in October, following an 11.3% increase in September. Month-on-month, they rose 0.1%, following a 3.2% increase in September. Total retail sales for the month were an estimated S$4 billion, with online sales accounting…

merlion singapore

Singapore’s GDP grew by 4.1% in Q3/2022, below expectations

Singapore’s Ministry of Trade and Industry (MTI) reports that Singapore’s gross domestic product (GDP) grew less than expected in the third quarter of 2022. According to MTI, Singapore’s gross domestic product (GDP) grew by 4.1% year-on-year in the third quarter…

cargo ship near port

Russian oil stored in masses off Asian ports

Data from energy analytics firm Vortexa cited by Bloomberg indicate around 1.1 million tons of Russian high-sulfur fuel oil (HSFO) was stored in tankers near major Asian ports in the week ending October 24. Compared to last year, the amount of…

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