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Singapore’s private economy expands for 14 consecutive months

SINGAPORE, May 6 (Xinhua) — The seasonally adjusted S&P Global Singapore Purchasing Managers’ Index posted 52.6 in April, marking the Singaporean private business condition’s continued improving for 14 straight months, the S&P Global said Monday.

New orders continued to expand for 16 straight months on the back of better underlying demand conditions, it said.

Business sentiment improved among Singaporean