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NODX (non-oil domestic exports)
Singapore economy
Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea
The decline eased from September’s 13.2% contraction as both electronics and non-electronics fell less sharply from a low base.
November 17, 2023
Singapore economy
Analysts expect full-year NODX to contract beyond the official -10% threshold after August’s 20.1% decline
OCBC is expecting Singapore's 2023 NODX to contact by "at least" 11% while UOB has lowered its estimates to -15%.
September 18, 2023
Singapore economy
Singapore’s July NODX contracts by 20.2% y-o-y mainly due to declines to the EU 27, Taiwan and China (update)
Total trade fell by 20.8% y-o-y in July as both exports and imports decreased.
August 17, 2023
Global Economy
Briefs: Elizabeth Holmes must go to prison, says US court; shares in Ever Glory close higher on first day of trading
Quoteworthy: "You can have a big dream and a big ambition, but what if you cannot survive?" - Sea's CEO Forrest Li.
May 19, 2023
Singapore economy
Singapore’s February NODX falls by 15.6%; NODX to top 10 markets drop on a y-o-y basis
On a m-o-m seasonally adjusted basis, NODX fell by 8.0% to $13.3 billion.
March 17, 2023
Singapore economy
Economists keep NODX forecast for 2022 despite seeing slowdown in NODX growth in the 2H2022
Singapore's NODX expansion in July stood above market expectations.
August 19, 2022
Global Economy
Briefs: Lawrence Wong signals rich have to pay more taxes; Singapore's NODX up by 7% y-o-y in July
News this week includes Trek 2000's founder pleading guilty to cheating, and more.
August 19, 2022
Global Economy
Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin
"Mission largely accomplished ... hasta la vista, baby." -UK’s Boris Johnson signing off at his final parliamentary appearance.
July 21, 2022
Singapore economy
Singapore's NODX expands by 9.0% in June, mainly due to growth in non-electronics
The expansion was mainly due to higher non-electronic exports such as food preparations, petrochemicals and measuring instruments.
July 18, 2022