Singapore export rise

Singapore's main exports surged strongly in December from a year ago on rising external demand, the government said Monday, strengthening expectations of a rebound for the economy this year. Non-oil domestic exports (NODX) climbed 26.1 percent year-on-year, lifted by robust shipments of electronics and pharmaceuticals, the government's trade promotion body International Enterprise (IE) Singapore said. On a seasonally adjusted month-on-month basis, NODX was up 1.7 percent, it said. Electronics exports such as semiconductors rose 25.2 percent year-on-year, reversing the 6.1 percent decline in November, while pharmaceuticals jumped 75.7 percent. IE Singapore said shipments to the country's top 10 export markets, except Japan, increased.