Singapore's key exports beat analysts' expectations with 15.7% on-year increase in July
After five months of contraction, Singapore's key exports grew 15.7 per cent on-year in July. Strong demand for electronics and non-electronics goods fuelled the expansion, reversing the previous month's 8.8 per cent decline. Still, economists are cautious and expect modest expansion ahead. Nadirah Zaidi finds out more.
After five months of contraction, Singapore's key exports grew 15.7 per cent on-year in July. Strong demand for electronics and non-electronics goods fuelled the expansion, reversing the previous month's 8.8 per cent decline. Still, economists are cautious and expect modest expansion ahead. Nadirah Zaidi finds out more.