Wednesday, October 14, 2026

Economy

The central bank has maintained its current monetary policy stance, projecting that inflation will ease significantly from mid-next year.

A container terminal in Singapore. The city-state’s exports are expanding due to high demand in the technology sector. © Reuters

DYLAN LOH

October 14, 2026 09:10 JST

SINGAPORE — Singapore’s economy demonstrated robust growth in the third quarter, expanding by 5.4% year-on-year according to preliminary official estimates released on Wednesday. This substantial increase was driven by sustained, high-demand artificial intelligence applications, which continued to propel the city-state’s key manufacturing sector.

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