Singapore economy grew 4.8% in 2025, strategy must be refreshed to stay competitive: PM Wong

Singapore must “rethink, reset and refresh” its economic strategies, said Prime Minister Lawrence Wong.- MINISTRY OF DIGITAL DEVELOPMENT AND INFORMATION

SINGAPORE: Singapore posted stronger-than-expected economic growth of 4.8 per cent in 2025 amid a changing global order and deepening geopolitical tensions.

But Singaporeans must be realistic and know that sustaining this pace of growth will be challenging, Prime Minister Lawrence Wong said on Wednesday (Dec 31) as he unveiled the latest figure in his New Year message.