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Singapore May non-oil domestic exports weaker than expected
Reuters ^ | 06/16/2013 | Kevin Lim

Posted on 06/16/2013 8:02:19 PM PDT by TexGrill

SINGAPORE, June 17 (Reuters) - International Enterprise Singapore (IE Singapore), the country's trade agency, released May trade data on Monday.

percentage change May April Non-oil domestic exports** (m/m) -1.1 +1.1 Non-oil domestic exports (y/y) -4.6 -1.0 - electronics -13.2 -9.0 - pharmaceuticals +19.9 -11.8

- European Union -4.3 -13.4 - United States -0.8 +4.6 - China +6.2 +6.2

Non-oil domestic exports (S$ bln) 14.2 14.5

** seasonally adjusted

For detailed exports data, see IE Singapore's website at www.iesingapore.com

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: singaporeeconomy
Global business tip
1 posted on 06/16/2013 8:02:19 PM PDT by TexGrill
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To: TexGrill

You’re on quite the Asian kick tonight. :)


2 posted on 06/16/2013 8:04:46 PM PDT by EEGator
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To: EEGator

Few business stories to post.


3 posted on 06/16/2013 8:08:32 PM PDT by TexGrill (Don't mess with Texas)
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To: TexGrill

Singapore doesn’t produce any oil.

At most they may be a reshipper.

So why is this important.


4 posted on 06/16/2013 8:10:29 PM PDT by ckilmer
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To: TexGrill

I’m checking them out. Just messing with you.


5 posted on 06/16/2013 8:12:10 PM PDT by EEGator
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To: ckilmer

Singapore goes up and down with the global economy. So perhaps Obama’s claims that the US economy is in a recovery mode might not be accurate.


6 posted on 06/16/2013 8:17:02 PM PDT by TexGrill (Don't mess with Texas)
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