📊Executive Summary

Singapore's Ministry of Trade and Industry (MTI) has projected a GDP growth of 1.0-3.0% for 2026, indicating a moderate expansion across key sectors, including manufacturing and trade-related services. The electronics cluster is expected to benefit from demand for AI-related semiconductors and servers, although semiconductor firms may delay capacity investments due to uncertainties surrounding US tariffs. The article highlights the potential for slower growth in major economies, which could impact export demand from Southeast Asia. Procurement teams should monitor the evolving landscape, especially regarding semiconductor capacity and tariff implications....