CNA938 Rewind - Can Singapore maintain its upgraded GDP growth forecast?
The Ministry of Trade and Industry (MTI) has upgraded Singapore's gross domestic product (GDP) growth forecast for the year to 1.5 per cent to 2.5 per cent, up from 0 per cent to 2 per cent previously. The upgrade largely reflects the better-than-expected performance of the Singapore economy in the first half of 2025. As uncertainty from Trump tariffs looms, will Singapore be able to maintain its GDP growth forecast? Andrea Heng and Hairianto Diman find out from Sheana Yue, Economist, Oxford Economics.