GDP

Economists raise Singapore’s 2026 growth forecast to 5% on AI boom: MAS survey

All economists in the survey identified a sustained AI-driven upturn in the technology cycle as a key support to Singapore’s economic outlook.

Indonesia President Prabowo pledges strong growth in 2027 with 2.4% budget deficit

Indonesian President Prabowo Subianto (left), along with Vice-President Gibran Rakabuming Raka, at his annual state of the nation address on Aug 14.

Malaysia’s central bank upbeat as Q2 growth beats expectations

Bank Negara Malaysia projects economic growth of 4 per cent to 5 per cent in 2026.

S’pore upgrades key exports forecast for 2026 after AI-powered 27.4% jump in Q2

Electronics shipments in the April-June period surged by 88.1 per cent year on year.

China factory activity surprises with first slump in five months

The official manufacturing purchasing managers’ index was 49.2 in July, down from 50.3 in June.

US GDP growth softens despite strong consumer spending, investment

Consumer spending, which comprises about two-thirds of economic activity, rose at a stronger-than-expected 3.2% rate.

Consumers, AI spending likely supported US growth in second quarter

People work inside Microsoft’s data centre currently under construction at Mount Pleasant, Wisconsin.

AI is driving GDP growth, but could it turn into a headwind some day?

Singapore’s manufacturing and export sectors have been big winners from the AI boom as the Republic occupies a key position in the global semiconductor supply chain.

News analysis

Singapore’s AI-powered growth masks economic risks from Iran war and US tariffs

Beyond elevated energy prices, other risks to Singapore’s economic growth include US tariffs and the El Nino weather pattern, which may push up food prices.

Market Insights

AI demand drives Singapore GDP but Q2 growth eases; global chipmakers hit hard

Semiconductor and memory chip company SK Hynix saw its shares post their biggest one-day fall in nearly two decades on the Korean Exchange on July 13.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.