ESG cuts exports forecast range to 0 to -2% contraction following 6.4% Q1 drop

Drop in first three months of the year worse than the 1.1% dip in fourth quarter of 2018


THE official non-oil domestic export growth forecast for this year has been trimmed - following a sharper drop in the NODX in the first three months of the year.

Enterprise Singapore (ESG), the government's trade promotion arm, now projects NODX to fall up to 2.0 per cent