Singapore export had shrink by 15.6% in the month of March, how much will this impact the market? Not only the property market experiencing some form of fall in prices, how long will such trend last? My take is that if is people are just pessimistic, they will be blind by opportunity right in front of them. There hasn’t been a better time for you to step into the market.
Singapores exports shrink 15.6% in March, biggest drop in a year
Exports of electronic products contracted by 9.1 per cent, compared to a 0.7 per cent expansion in the previous month. The decline in electronic domestic exports was largely due to ICs (-10.3 per cent), PCs (-26.5 per cent) and parts of PCs (-18.0 per cent). Non-electronic exports shrank 18 per cent, in contrast to the 2.6 per cent rise in the previous month. Read more…
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