Analysts expect full-year GDP at 4.3%, higher than earlier estimates

Analysts expect this year's GDP to come in at 4.3 per cent, on the back of an AI-related manufacturing boom. This is higher than the earlier estimate of a two to four per cent growth for the full year. The optimism comes after Singapore's economy grew by 5.7 per cent in the second quarter. The manufacturing cluster was a standout. It peaked in six quarters, growing by 12.2 per cent. Economists say this latest quarterly growth
gave Singapore a strong start in the first half.