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Singapore lowers export forecast for 2020 on Covid-19, oil price fears

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Singapore has cut its export forecasts for 2020, no thanks to the impact of the novel coronavirus outbreak on key trade partners, as well as the drag from lower oil prices.

SINGAPORE has cut its export forecasts for 2020, no thanks to the impact of the novel coronavirus outbreak on key trade partners, as well as the drag from lower oil prices.

Year-on-year change in non-oil domestic exports (NODX) is expected to range between a 0.5 per cent drop and a 1.5...

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