Singapore's trade crosses S$1 trillion for first time in 4 years
But growth in trade and export eases in 2018 and is expected to slow further in 2019
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And both the trade and the non-oil domestic export (NODX) growth are tipped to ease further to zero to 2 per cent in 2019, according to Enterprise Singapore.
Total trade jumped 9.2 per cent from a year ago to S$1.1 trillion, after an 11.1 per cent increase in 2017, according to figures released by the trade promotion agency on Friday. The last time Singapore's trade crossed S$1 trillion was in 2014.
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