This is primarily due to volatile segments that could continue to drag fourth-quarter performance, Enterprise Singapore (EnterpriseSG) said in its latest quarterly review of trade performance released on Nov 22.
Non-oil domestic exports (Nodx) are now expected to grow around 1 per cent year on year in 2024, down from August's forecast of a 4 per cent to 5 per cent expansion. The official estimate had also been downgraded in that review, from growth of 4 per cent to 6 per cent.
This comes after October's Nodx performance came in weaker than expected earlier this week.
Referencing its August quarterly review, EnterpriseSG on Nov 22 noted that it had highlighted that "downside risks, including a weaker-than-expected recovery in the second half-year could potentially lead growth for the year to come in below the forecast range".
هذه القصة مأخوذة من طبعة November 23, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 23, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
K-pop star Psy's home temporarily seized due to penalty arrears
Singer Psy recently had his luxury home in Seoul temporarily seized by the authorities after he failed to pay an administrative penalty imposed by the district office, local media outlets reported on Nov 25.
BTS' Jimin and Jung Kook face off at Billboard Music Awards
K-pop supergroup BTS members Jimin and Jung Kook will face off at the upcoming Billboard Music Awards (BBMAs), which will take place on Dec 12.
Stefanie Sun fails to nab Taipei Arena for 2025 world tour
It has been a decade since homegrown Mandopop star Stefanie Sun last headlined her own tour, so when her upcoming world tour Aut Nihilo Sun Yanzi In Concert was announced recently, fans went into a frenzy.
Society is sick': Actor Ryan Lian after netizens laugh at him for being attacked
Local actor Ryan Lian has hit back at netizens who were unkind to him after learning that he was injured in a recent knife attack.
Binge-worthy K-variety series is a celebration of tenacity and sisterhood
Iron Girls follows the trials and triumphs of four award-winning South Korean actresses who signed up for the toughest roles of their lives – participants of the 2024 World Triathlon Cup in Tongyeong.
Problemista's whimsy is wearying, Blitz a conventional WWII drama
Alejandro (Julio Torres) from El Salvador is an aspiring toy designer in New York City. With time running out on his American work visa, he becomes personal assistant to an erratic art critic (Tilda Swinton) as his only hope for a sponsored residency.
Moana 2 charts familiar waters, but stays buoyant
Disney's second voyage with Moana dives deeper into Pacific culture
Shrek director tackles animation taboo in Netflix fairy tale Spellbound
Animated films tackling parent separation and divorce are few and far between.
New head hopes to offer alternative to 'junk food'
General manager of SGIFF Jeremy Chua courts young viewers and social media
Music kings take back their crowns
Must-see MV: G-Dragon – 2024 Mama performance medley
