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Global Market: Singapore raises 2026 growth forecast on AI boom, resilient global economy
Singapore raised its 2026 economic growth forecast to 4.5%-5.5% from 2.0%-4.0%, supported by stronger-than-expected AI investment and a milder impact from the Middle East conflict. The economy grew 5.9% year-on-year in Q2, while robust AI-related demand is expected to support growth in the second half of the year.
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straitstimes.com
Singapore upgrades 2026 growth forecast to 4.5% to 5.5%
Singapore's economy is set for a significant upgrade in its 2026 growth forecast to 5.5% due to a powerful AI boom. Read more at straitstimes.com. Read more at straitstimes.com.
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channelnewsasia.com
Singapore raises 2026 GDP growth forecast to 4.5%-5.5%; economy grew 5.9% in Q2
The Ministry of Trade and Industry said the outlook for the rest of the year has improved due to stronger AI-related spending and a less severe-than-feared impact from the Middle…
