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Specifically, Singapore's non-oil domestic exports in May fell 14.7% year-on-year, after falling 9.8% in April. In which, electronic goods - which are the main driving force for Singapore's exports, dropped the most with a drop of 27.2% compared to the same period last year and still showed no sign of bottoming. Shipments of integrated circuit electronics, disk products and integrated circuit components contributed the most to this decline. vblink.777 Mr. Nguyen Xuan Thanh, a senior lecturer at Fulbright University, assessed that although the operating interest rate has been reduced 4 times, it still has not had enough impact on the economy because the cost of capital of banks is still high, there are businesses have not had access to capital.