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August 13, 2026

Singapore doubles down on AI boom, raises forecast after Q2 GDP growth

Singapore has sharply raised its 2026 economic growth forecast, betting that a stronger-than-expected global artificial intelligence (AI) boom will continue to drive manufacturing, technology exports, and financial activity. (internationalfinance.com) The Ministry of Trade and Industry (MTI) lifted its forecast to 4.5%-5.5%, from its previous range of 2%-4%. It is the second upgrade this year, after…

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