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Singapore lifts 2021 trade growth forecasts again

Singapore raises trade growth forecasts for 2021 - World News

Singapore raises trade growth forecasts for 2021 - World News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

Singapore raises trade growth forecasts for 2021

Singapore raises trade growth forecasts for 2021 Xinhua 25 May 2021, 14:49 GMT+10 SINGAPORE, May 25 (Xinhua) Enterprise Singapore, a government agency, announced on Tuesday in the Review of First Quarter 2021 Trade Performance that it adjusted the 2021 growth projection upwards to 5-7 percent for Singapore s total merchandise trade. Meanwhile, it lifted the 2021 growth projection for Singapore s Non-oil Domestic Exports (NODX) to 1-3 percent. In February, the government agency set the 2021 growth projections for Singapore s total merchandise trade and NODX at 2-4 percent and 0-2 percent respectively. The upwards adjustments were due to better-than-expected total merchandize trade and NODX performances in the first quarter of 2021, and oil price improving since February that may provide some support for the oil trade in nominal terms and in turn total trade in 2021.

Singapore raises trade growth forecasts for 2021

Singapore raises trade growth forecasts for 2021
singaporestar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from singaporestar.com Daily Mail and Mail on Sunday newspapers.

Singapore non-oil exports surge 12 1% in March, beating forecasts

The Straits Times Analysts raise Singapore export forecasts after surprisingly strong March data Year on year, total trade expanded 19.6 per cent in March, reversing the 3.3 per cent decline seen in February.ST PHOTO: LIM YAOHUI PublishedApr 16, 2021, 8:30 am SGT https://str.sg/JyXF They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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