Singapore's competitiveness was affected by its comparatively low investment in education.
The Ministry of Trade and Industry says employment growth in the near term is expected to be weak.
China has tended to see the TPP as part of U.S. efforts to exclude it from setting global rules and to rally others against Beijing.
The focus is now on Beijing's increasing role in a world without the trans-pacific partnership (TPP)
Shipments to the biggest trading partners -- the US, China and the European Union -- on are steady decline.
Export numbers hit by an even fall in the shipment of both electronics and non-electronic products.
For India this is a diplomatic win over China after Beijing blocked its entry into the Nuclear Suppliers Group (NSG).
While exports to the US fell 5.6 percent in October, shipments to the EU fell 8.7 percent.
'Some have scare mongered that Malaysia is being sold off'
The fix is not an emergency package like the one rolled out during the 2008 financial crisis, PM says.
The government will order more than 250 vessels and offer about 6.5 trillion won in financing.
Suu Kyi asks business leaders to take advantage of the easing of the UN sanctions.
The manufacturing sector reports a fall in the number of job losses.
Severe downturn continued in offshore engineering segment which reported a 31.5 percent decline.
Growth in visitor arrivals was flat in Q2, following a fall in tourist numbers from China and Indonesia.