Singapore's economy will grow 3.6% this year, up from a previous forecast of 2.6% expansion, while monetary policy settings are expected to remain unchanged at an upcoming review in January, a survey by the central bank showed on Wednesday.

Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.

Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly three years.

Economists have upgraded their outlook for Singapore's economic growth in 2024 to 3.6% expansion, with a majority expecting monetary policy settings to be unchanged in an upcoming review in January, a survey by the central bank showed on Wednesday.