Singapore Exports Decline the Most in 20 Months as Growth Slows

Bloomberg.com, 17 Sep 2008, Shamim Adam

Sept. 17 (Bloomberg) -- Singapore's overseas shipments fell the most in 20 months in August as slowing growth in the world's biggest economies eroded demand for electronics and drugs.

Non-oil domestic exports slid 13.8 percent from a year earlier, after declining a revised 5.8 percent in July, the government's trade promotion agency said in a statement today. Economists had expected a 7.9 percent drop.

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Check out the figures here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYnquuM.AfvI


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