Singapore exports to cap the year strongly; growth will carry into early 2022: analysts
SINGAPORE'S non-oil domestic exports (NODX) are expected to finish the year strong, with growth momentum carrying over into the next few months as well, analysts said.
That's as exports came in stronger than expected in November, according to figures released by trade agency Enterprise Singapore on Friday (Dec 17).
NODX swelled by 24.2 per cent year on year, up from 17.8 per cent the month before, to set the fastest pace of growth since February 2012.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future