Economists raise Singapore's 2025 growth forecast to 2.4% from previous 1.7%
07:19 Min
Economists have raised Singapore's growth forecast for the year to 2.4% from 1.7%. The rosier outlook comes as the economy grew 4.4% in the second quarter, surpassing the expected 3%. Analysts anticipate stronger growth from several sectors such as construction, manufacturing and retail, but caution that geopolitical tensions could hinder further expansion.
04 Sep 2025 12:25am
Economists have raised Singapore's growth forecast for the year to 2.4% from 1.7%. The rosier outlook comes as the economy grew 4.4% in the second quarter, surpassing the expected 3%. Analysts anticipate stronger growth from several sectors such as construction, manufacturing and retail, but caution that geopolitical tensions could hinder further expansion.
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