Full-year outlook up to 4% amid AI boost

Strong upswing: Sea-ferrying vessels in Singapore. Economists say 2025 growth was mainly driven by manufacturing, wholesale trade and finance, and that the momentum from the AI capital expenditure boom will continue. — Bloomberg

SINGAPORE: Singapore upgrades its full-year 2026 growth forecast to a range of 2% to 4% after the economy grew much stronger than expected in the final quarter of 2025.

The growth outlook has been raised from an earlier range of 1% to 3%, with the economy projected to continue benefitting from a global artificial intelligence (AI) investment boom.