Summary: Singapore’s economic growth forecast for 2025 remains at 0% to 2%, despite a slight improvement in the external demand outlook due to trade truces. The government acknowledges significant uncertainty in the global economic outlook, with risks tilted to the downside. While the first quarter of 2025 saw growth driven by wholesale trade, manufacturing, and finance, the accommodation and food and beverage sectors contracted.

Link: https://www.straitstimes.com/business/economy/spores-economic-outlook-improved-slightly-due-to-trade-truce-2025-growth-forecast-kept-at-0-2