0733 GMT - Singapore's economy should remain resilient for the rest of this year, says DBS senior economist Chua Han Teng in a report. The city-state's solid 2Q growth was mainly driven by strong trade-related activity. This is due to the ongoing artificial intelligence tailwinds, a trend that he expects to continue in 2H. However, Chua warns that a renewed complete blockage of the Strait of Hormuz and prolonged elevated global energy prices would weigh on the global and Singapore's growth prospects. DBS maintains its 2026 GDP growth forecast for Singapore at 4.3%. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
July 14, 2026 03:33 ET (07:33 GMT)
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