Singapore's Non-Oil Domestic Exports Rise in May on AI Demand
• Singapore's non-oil domestic exports (NODX) rose in May, driven primarily by strong global demand for artificial intelligence (AI) technologies. • Key growth drivers included a 66.9% increase in specialized machinery (SG$900 million) and an 83.2% jump in non-monetary gold exports (SG$400 million). • Exports to Taiwan surged by 135.2%, fueled by massive increases in integrated circuits (137.8%) and disk media products (140.9%).
sg.finance.yahoo.com