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