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Singapore’s exports increase

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Singapore’s exports increased more than expected in January.
Stronger exports of non-electronic items such as non-electric engines, measuring instruments and petrochemicals – as well as the timing of the Chinese New Year – helped January’s performance.

Non-oil domestic exports rose 13% in the month compared with last year, according to data from trade agency International Enterprise Singapore. The pace was faster than December’s 3.1% on-year increase.