Singapore's December trade rebound set to continue into 2021
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ANALYSTS are pencilling in a solid economic recovery for Singapore and the region, after non-oil domestic exports (NODX) surged in December. The rebound is tipped to carry over into the new year, as Asian economies shake off the Covid-19 malaise.
Non-oil domestic exports (NODX) closed off the year on a high note, breaking a two-month losing streak to add 6.8 per cent year on year in December, according to preliminary figures released by trade agency Enterprise Singapore (ESG) on Monday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
