SINGAPORE (June 25): Singapore’s trade numbers have been improving steadily. In 1Q2018, non-oil domestic exports increased 1.9% y-o-y. For April and May, they were up 11.8% and 15.5% respectively. Electronics exports, however, are on the decline. In 1Q2018, they fell 7.9% on the back of reduced demand for integrated circuits, personal computer parts, diodes and transistors. In April, electronics NODX declined 6.9%; in May, they were down 7.8%.

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