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Singapore raises trade forecasts as non-oil exports grow 10.1% in second quarter of 2021 | Video

Singapore raised its trade forecasts on Wednesday (Aug 11) amid better than expected growth in the second quarter of 2021. This is due to favourable sector-specific growth in areas such as electronics, petrochemicals and specialised machinery, as well as higher than expected oil prices, said Enterprise Singapore in its review. Lisha Rodney reports.

Singapore raises trade forecasts as non-oil exports grow 10.1% in second quarter of 2021 | Video

11 Aug 2021 11:16pm

Singapore raised its trade forecasts on Wednesday (Aug 11) amid better than expected growth in the second quarter of 2021. This is due to favourable sector-specific growth in areas such as electronics, petrochemicals and specialised machinery, as well as higher than expected oil prices, said Enterprise Singapore in its review. Lisha Rodney reports.

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