Singapore Budget 2024 – Supporting Business and Driving Growth
2024-02-20The National Council of Social Service in Singapore launches a new program to support the transformation and development of social service agencies
2024-02-27
Non-oil domestic exports (Nodx) rose 16.8 per cent in January 2024, led by a jump in shipments of specialised machinery to make semiconductors, and non-monetary gold, data from Enterprise Singapore (EnterpriseSG) on February 16, 2024 showed.
However, economists were heartened to see that on a month-on-month seasonally adjusted basis, Nodx rose 2.3 per cent in January after the 1.7 per cent decline the previous month.
Both electronics and non-electronics exports grew. Notably, exports to China surged 101.3 per cent, driven by specialised machinery, non-monetary gold and measuring instruments.
Non-electronics Nodx surged 21.2 per cent from a year earlier, extending the 1.4 per cent growth in December. Its growth was driven by specialised machinery, non-monetary gold and pharmaceuticals.
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