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 government said Monday.

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.