📊Executive Summary

Singapore's economy is projected to grow by 2.8% in 2025, driven by resilient external demand, particularly in the electronics sector. The country is strategically positioned in the global semiconductor supply chain, benefiting from rising demand for AI technologies and consumer electronics. Global semiconductor sales are expected to increase by 11.2% in 2025, supporting Singapore's electronics output and exports. However, geopolitical tensions pose risks that could disrupt supply chains and increase costs. The Johor-Singapore Special Economic Zone (JS-SEZ) aims to enhance regional collaboration, particularly in electronics and renewable energy, which could further bolster trade and investment. Singapore's inflation is expected to moderate, contributing to manageable imported costs....