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What's driving Singapore's exceptional economic growth, and can it last?
Channel News Asia ^ | 11 Feb 2026 | Abigail Ng

Posted on 02/10/2026 7:29:43 PM PST by nickcarraway

Singapore's economy has grown above 5 per cent for two consecutive years – a feat last achieved in 2010 and 2011.

SNIP

MTI attributed 2025's robust GDP expansion primarily to manufacturing, wholesale trade, and finance and insurance sectors.

The electronics cluster and machinery, equipment and supplies segment experienced particularly strong growth, driven by surging demand for artificial intelligence-related electronics.

Accommodative financial conditions supported growth in the finance and insurance sector.

(Excerpt) Read more at channelnewsasia.com ...


TOPICS: Business/Economy; Local News
KEYWORDS: singapore
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1 posted on 02/10/2026 7:29:43 PM PST by nickcarraway
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To: nickcarraway

One of my high school friends has lived in Singapore for over 40 years. He’s a software engineer for one of the companies that specializes in CNC machines. He and his wife really love living there. They came in for our 50th high school reunion, they arrived from Singapore to LAX. Randy said LAX reminded him of a 3rd world airport.


2 posted on 02/10/2026 7:37:47 PM PST by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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To: wjcsux

Been there a few times. Used to have a IT team there but that was moved to KP Malaysia. The Singapore airport is stunning so most airports will lose that contest.


3 posted on 02/10/2026 7:43:58 PM PST by ScarletRed
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To: nickcarraway

Don’t they still use public lashings?


4 posted on 02/10/2026 7:57:00 PM PST by RushIsMyTeddyBear
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To: nickcarraway

Is their growth of their GDP possible from any increases in Learing Center locations?


5 posted on 02/10/2026 8:15:16 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: nickcarraway

Singapore knows how to fight a real war on drugs.


6 posted on 02/10/2026 8:16:53 PM PST by dfwgator ("I am Charlie Kirk!")
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