SEOUL : South Korea's exports in 2023 are expected to post their first fall since 2020, on weakening IT demand, falling oil prices and a delay in global economic recovery, an association of domestic exporters said on Monday.
That would be the first annual fall since 2020 when shipments out of Asia's fourth-largest economy shrank 5.5 per cent, as the COVID-19 pandemic disrupted global supply chains. "However, both exports and imports will decline on structurally continuing U.S.-China conflicts and the accumulated impact from external conditions that worsened in the last two years."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More students from lower-income families to get subsidised CDAC tuition from 2023SINGAPORE - More primary and secondary school students from lower-income families will get subsidised tuition classes from 2023. Read more at straitstimes.com. How about subsidizing school bus fares?
Source: straits_times - 🏆 5. / 69 Read more »
School bus fares to rise in 2023 - operators say hike needed to cover higher costsArchitect Tan Tze Wei, 37, will be paying $15 more a month from January for her daughter’s school-bus ride – an increase of 10 per cent over the current rate. She said the hike from $150 to $165 for a one-way 2km trip is probably inevitable, given the trend of higher... To be clear - driver salaries are not increasing - operators hoping nobody will notice and simply state ‘higher costs’ without any genuine justification.
Source: thenewpaper - 🏆 7. / 63 Read more »
Singaporeans invited to share views on upcoming Budget 2023SINGAPORE: Singaporeans are invited to share their views and hopes for Budget 2023 over a six-week period from Saturday (Dec 3) until Jan 13. Individuals, organisations and businesses can provide suggestions under three broad themes - navigating a volatile and complex world, strengthening our soc At the end PAP will still find declare what they want to do as legitimate What’s the point? Funny that they employ so many civil servants give them increments still need taxpayers to do work for them 🤣 The more things this administration do, the more expensive things get & who knows u might get blamed & still need to pay for ur living costs. thatsallfolks All these scholars and millionaires yet asking for help from the median 4k/month. Really waste of money
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Clementi landslide: Repair works to complete by second half of 2023The north bank of the park connector is expected to reopen in the first quarter of 2023. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »