Latest Ministry of Trade and Industry News & Updates

Singapore, May 25 (IANS) Singapore maintained its 2026 economic growth forecast at 2 per cent to 4 per cent on Monday, citing stronger-than-expected first-quarter expansion driven by artificial intelligence (AI)-related demand, even as risks from the US-Israel-Iran conflict cloud the global outlook.The Ministry of Trade and Industry (MTI) said the economy grew 6 per cent year-on-year in the first quarter, extending the 5.7 per cent expansion recorded in the previous quarter, supported by strong …