Jump in pharma exports lifts Singapore NODX in April

Singapore

ECONOMISTS appear mixed on how Singapore's exports will continue to perform in the coming months, even though April's data posted a third straight month of expansion thanks to a surge in pharmaceuticals amid the pandemic.

Non-oil domestic exports rose 9.7 per cent year-on-year in April, according to data from Enterprise Singapore (ESG) on Monday, easing from March's 17.6 per cent expansion.