Survey shows Singapore's non-oil domestic exports may grow by 10.3% in March

(1) A survey of seven economists by The Wall Street Journal indicates that Singapore's non-oil domestic exports (NODX) in March are likely to increase by 10.3% year-on-year, higher than the 4.0% growth in February. (2) According to Nomura economists, part of the reason for the accelerated growth is the favorable base effect from gold exports. (3) In addition, driven by integrated circuits, the growth in electronic product exports has accelerated, benefiting from the global technology upcycle and demand led by artificial intelligence. The data is scheduled to be released on Friday.