(The Straits Times)
Singapore’s non-oil domestic exports (Nodx) surged 12.8 per cent in January from the low base a year ago, driven by shipments of specialised machinery, non-monetary gold, petrochemicals and electronics.
This was the fastest pace of growth since June last year, and topped economists’ expectations for a 5.2 per cent rise, according to a Bloomberg poll. Nodx rose 6.8 per cent year-on-year last December, its second straight month of growth.