Economists upgrade outlook as Singapore economy up 4.3% in Q2 2025
Some economists in Singapore have raised their full-year growth forecast for 2025, following better-than-expected second quarter results. According to advance estimates, Q2 GDP expanded 4.3% despite US tariff uncertainty, following a 4.1% rise the previous quarter. The manufacturing sector emerged as the star performer, with a 5.5% expansion driven by demand for electronics and precision engineering. Nadirah Zaidi reports.
Some economists in Singapore have raised their full-year growth forecast for 2025, following better-than-expected second quarter results. According to advance estimates, Q2 GDP expanded 4.3% despite US tariff uncertainty, following a 4.1% rise the previous quarter. The manufacturing sector emerged as the star performer, with a 5.5% expansion driven by demand for electronics and precision engineering. Nadirah Zaidi reports.
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