The Straits Times·3 min read·medium
Singapore upgrades 2026 growth forecast to 4.5% to 5.5%
A
Angela Tan
✦AI Summary
Singapore has significantly raised its 2026 economic growth forecast to a range of 4.5% to 5.5%. This upgrade is driven by a strong first-half performance and a global surge in capital expenditure related to artificial intelligence.
The Ministry of Trade and Industry expects Singapore’s economy to expand by 4.5 per cent to 5.5 per cent in 2026, sharply higher than the earlier forecast of 2 per cent to 4 per cent.
economybusinesstechnology
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