English | دری

Robust demand from Asia boosts Singapore Exports

in International Business

Robust demand from Asia boosts Singapore Exports

Singapore’s shipment s of electronics and pharmaceuticals to Asia raised the country’s exports by 5.8% from a year earlier.

The robust demand for Singapore’s non-oil exports, dominated by electronics and phamaceuticals, in Asia helped offset a decline in shipment to Western economies.

Though the rise in exports has not been a sharp one, it certainly has shown some signs of stability.

The country’s non-oil exports still remain vulnerable to the dwindling economic recovery of the US and the Eurozone.


Tags assigned to this article:
Singapore exports

Related Articles

Italy’s economy shrinks more than estimated

Italy’s recession is deeper than first estimated, with economy shrinking by 0.8% between April and June, compared to the 0.7%

Burma floating its currency exchange rate

In one of the biggest economic reforms that Burma has seen, the central bank has set the reference exchange rate

South Korean President’s Brother Arrested over Corruption

South Korean President Lee Myun-bak’s elder brother has been alleged of taking USD 525, 000 in bribe from the chairmen

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.