Singapore exports swing to growth first time in 14 months

SINGAPORE: Singapore’s exports returned to growth for the first time in more than a year, although it was hardly a sign of recovery in external demand.

Official data Monday (Dec 18) showed non-oil domestic exports grew 1% in November, slower than the median expectation for a 1.5% gain in a Bloomberg survey. The expansion was mainly because of a low base in the year-ago period, according to Enterprise Singapore.