Posts Tagged ‘EconomicRecovery’

International Trade, News

July 29, 2024

The International Trade Council reports that import and export activities, along with customs procedures, have significantly picked up pace at all seaports and land ports in the country. This recovery follows recent disruptions due to quota movements and internet service interruptions.   With the restoration of broadband internet services and improved law and order conditions, […]

Singapore’s non-oil domestic exports for June showed resilience despite challenges, with a reported 8.7% year-on-year decline, slightly exceeding expectations. The drop, driven by non-electronic products, contrasts with a revised 0.7% contraction in May but indicates robust recovery potential.   Economist Chua Hak Bin from Maybank noted Singapore’s capacity constraints and global supply chain disruptions, including […]