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Singapore’s growth will slow but broaden to non-electronics as tariff tensions ease
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Analysts believe that US tariffs will continue to cap the growth upside for Singapore and most of its Asian trading partners.
ST PHOTO: LIM YAOHUI
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SINGAPORE – After two years of stellar growth, Singapore’s economy may be expected to lose some steam in 2026. But that is unlikely to stop businesses here from increasing spending on their expansion and hiring plans.
The Ministry of Trade and Industry last week projected that gross domestic product (GDP) will grow within a range of 1 per cent to 3 per cent,
