GDP grows 6 percent year-on-year in first quarter as AI boom outweighs rising energy costs.

While MTI’s assessment for this year’s outlook has weakened, the economy performed better than expected in Q1. Read more at straitstimes.com. Read more at straitstimes.com.

Singapore maintains its 2026 economic growth forecast of 2-4% despite rising risks from the Iran war. Read more at straitstimes.com. Read more at straitstimes.com.

A better-than-expected Q1 performance offset a weakened economic outlook in the months ahead.

Singapore revises its 2026 key exports growth forecast upwards due to surging AI-related demand for electronics, despite global risks. Read more at straitstimes.com. Read more at…

GDP grew 1 per cent in the first three months of this year, well above the government’s advance estimate of a 0.3 per cent contraction.

Risk of slowdown in chip production if Iran war is protracted and manufacturers start to face supply constraints. Read more at straitstimes.com. Read more at straitstimes.com.

By Amanda Lee and Fabiana Negrin Ochoa

SINGAPORE, May 25 — Singapore’s economy grew six per cent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from...

Singapore's economy grew 6 percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the…

GDP grows 6 percent year-on-year in first quarter as AI boom outweighs rising energy costs.

Singapore's economy grew six percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the…

SINGAPORE, May 25 — Singapore’s non-oil domestic exports (NODX) grew by 9.6 per cent during the first quarter of 2026 (1Q 2026), supported by resilient artificial intelligence...