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Singapore keeps 2026 growth forecast at 2% to 4% as economy beats expectations in Q1

08:05 Min

Singapore has kept its 2026 growth forecast at 2% to 4%, after a stronger-than-expected first quarter. Strong AI-related demand powered a surge in wholesale trade and manufacturing. However, risks from the Middle East conflict are rising, with analysts warning of weaker AI demand and softer hiring — if tensions drag on. Nasyrah Rohim reports.

Singapore has kept its 2026 growth forecast at 2% to 4%, after a stronger-than-expected first quarter. Strong AI-related demand powered a surge in wholesale trade and manufacturing. However, risks from the Middle East conflict are rising, with analysts warning of weaker AI demand and softer hiring — if tensions drag on. Nasyrah Rohim reports.

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