The Big Story: MTI holds 2026 forecast at 2-4% - But could geopolitical risks derail growth?

Your Way Home with Hongbin Jeong · May 25, 2026 · 23m

Singapore’s economy is growing faster than expected, but storm clouds are gathering globally. The economy expanded by 6 per cent in the first quarter of the year, driven by strong demand linked to artificial intelligence, electronics and finance. In fact, the numbers were strong enough for the Ministry of Trade and Industry to keep its full-year growth forecast at 2 to 4 per cent. But at the very same time, MTI is also warning that downside risks have risen “significantly”. Why? What does all of this actually mean for our everyday lives? And can Singapore continue riding the…