Singapore’s AI-led economic growth set to continue in 2027: MAS
The Monetary Authority of Singapore projects that AI-driven economic growth will persist into 2027, though the pace of expansion may moderate. Technology-related sectors remain the primary engine for the nation's economic performance.
Why it matters
Singapore's economic outlook provides a bellwether for the global semiconductor and AI hardware industry, indicating sustained demand despite potential cooling.
Activity in technology-related sectors is expected to moderate next year, but should remain a principal driver of economic growth, said the central bank on Wednesday (Oct 14).
Industry forecasts for chip sales growth suggest that the AI-led semiconductor cycle is likely to remain in a phase of expansion, said MAS. (File photo: AFP/Roslan Rahman) New: You can now listen to articles. This audio is generated by an AI tool.
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