EconomySingapore raises 2026 growth forecast on AI boom after robust Q2 GDP

Singapore has lifted its forecast for economic growth in 2026. The government said stronger-than-expected global investment in artificial intelligence should help sustain activity during the second half of the year. It also expects the Middle East war to have a milder economic impact than previously anticipated. The revision follows robust gross domestic product performance in the second quarter.

Singaporeeconomic growthAI investment

RReuters★★★☆☆2026-08-11 02:30Original