Singapore Raises 2025 Growth Forecast But Warns Of Global Risks

Singapore on Tuesday raised its 2025 economic growth forecast, but warned the outlook for the rest of the year remains clouded by global uncertainty, in part due to US tariffs.

Southeast Asia’s second-largest economy is heavily reliant on international trade and is vulnerable to any global slowdown induced by the tariffs, even only faces a baseline 10 per cent levy from US President…