The Big Story: Singapore upgrades 2026 GDP growth forecast to 4.5%-5.5% on stronger AI boom. But will it last?

Singapore has sharply upgraded its 2026 economic growth forecast to 4.5% to 5.5%, up from the earlier estimate of 2% to 4%, after the economy grew a stronger-than-expected 6.1% in the first half of the year.

So what’s behind the surge? How much of Singapore’s growth is being fuelled by the global AI investment boom and can that momentum continue through the rest of 2026?

On The Big Story, Hongbin Jeong speaks to Sheana Yue, Senior Economist for Macro Forecasting at Oxford Economics, about what’s driving Singapore’s stronger outlook, the risks ahead, and whether this growth story has staying power.

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