Singapore's non-oil exports of goods decelerated 4.6% y/y in May this year, as compared to a decline of 1.0% y/y posted in April. According to the data released by International Enterprise Singapore, the electronics exports decreased 13.2% y/y during the period, as compared to a decline of 9.0% y/y recorded in April.
The export of non-electronics expanded 0.2% y/y during the period, as compared to an increase of 3.3% y/y posted in April. The shipments to the European Union (EU), country’s biggest export destination, decreased 4.3% y/y during the period, as compared to a deceleration of 13.4% y/y posted in April.
The acquisition of India's Essar Oil led by Russian oil major Rosneft can be “considered done”, the state-controlled company’s CEO Igor Sechin said at the annual shareholder meeting on June 22, ... more
Vietnam’s textile and garment exports to South Korea expanded 53.5% y/y recording USD 1.64bn last year, while the nation overall exports to South Korea accelerated 18.9% y/y posting USD 6.6bn. The ... more
Vietnam’s trade with Kazakhstan expanded USD 221.8mn during first eleven months last year. According to Erbolat Dossaev, Kazakh Minister of Economy and Budget Planning, Vietnam’s exports to ... more