Singapore November exports fall for 3rd month

Singapore’s exports in November are expected to have fallen for a third straight month, a poll showed last week, reinforcing the adverse forces buffeting the trade-reliant economy in the face of sluggish global demand. Non-oil domestic exports (NODX) in November were down 3.0 per cent from a year earlier.

Singapore’s economy has been in difficulties in the last two years, as exports fell away amid slow world growth.