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Economists see AI boom sustaining Singapore growth momentum
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Economists see AI boom sustaining Singapore growth momentum
Economists have on Monday foresee artificial intelligence (AI) boom to continue to drive Singapore’s economy after the city state reported a resilient growth of 6 percent in the first quarter, underpinned mainly by strong AI demand. Maybank Investment Bank said in a note that the AI capital expenditure (capex) boom will likely be sustained into the second half of 2026 with US hyperscaler tech firms ramping up capex guidance further in the latest…
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