SINGAPORE, SINGAPORE - MAY 31: A view of Marina Bay Sands in Singapore on May 31, 2026. (Photo by Mustafa Hatipoglu/Anadolu via Getty Images)Singapore on Tuesday sharply lifted its annual economic growth forecast, citing a stronger-than-expected performance in the first half and boost from AI-related sectors and exports. Singapore has upgraded its growth estimates for a second time this year. The announcement comes as Singapore reported revised growth numbers for the second quarter, with the city-state's economy expanding 5.9%, compared with 5.7% in advance estimates. The strong performance is likely to offer some room for the Monetary Authority of Singapore to act against inflation.