Singapore Maintains 2026 Economic Growth Forecast Despite Iran War Risks
Singapore has maintained its 2026 economic growth forecast at 2-4%, despite acknowledging higher downside risks stemming from the ongoing Iran war. The nation's economy continues to grow, partly driven by the AI boom.
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Singapore’s economy grows on back of AI boom, defying Iran war slowdown
Singapore’s economy expanded faster than expected in the first quarter as the global artificial-intelligence boom lifted the nation’s manufacturing and services, offsetting the drag from higher crude prices. Gross domestic product grew a seasonally adjusted 1 per cent in the three months through March from the previous quarter, the Ministry of Trade and Industry (MTI) said on Monday. That is well above the government’s advance estimate of a 0.3 per cent contraction and the median forecast of ...
By Bloomberg
Read full article →Singapore keeps 2026 economic growth forecast at 2-4% despite higher downside risks from Iran war - The Straits Times
Singapore keeps 2026 economic growth forecast at 2-4% despite higher downside risks from Iran war The Straits Times
Read full article →Singapore maintains 2026 economic growth forecast at 2-4%
A better-than-expected Q1 performance offset a weakened economic outlook in the months ahead.
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