(March 17 12:43) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
Both electronics and non-electronics exports recorded growth.
NODX continues to grow as it edged up 3% YoY in February, building on the 3.3% growth seen in January, according to data from the Enterprise Singapore (ESG). But on a monthly basis, NODX dipped 4.8% to $14b, reversing January’s 4.5% jump.
The rise was attributed to increases in both electronics and non-electronics exports. Electronics NODX inched up 2.5% YoY, posting a slight recovery from the 13% contraction in January, thanks to growth seen in disk media products, capacitors and parts of ICs.
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