India, Feb. 10 -- Singapore's economy is forecast to grow more than previous projections this year as the global economy outperformed expectations, and stronger AI-related exports are expected to sustain.
The Ministry of Trade and Industry forecast the city-state economy to grow "2.0 percent to 4.0 percent" from "1.0 percent to 3.0 percent" in 2026.
In 2025, gross domestic product logged an expansion of 5.0 percent but slower than the 5.3 percent growth seen in 2024.
The earlier November forecast was based on the expectation that GDP growth in major economies would ease in 2026 as the US tariffs worked their way through the global economy.
In the fourth quarter, GDP grew 6.9 percent year-on-year, faster than the 4.6 percent growth seen ...