Singapore manufacturers expect better conditions amid strong AI demand

A survey by Singapore's Economic Development Board found a net weighted balance of 24% expecting better business conditions between October 2026 and March 2027, compared with the third quarter. That was up from 12% in the previous survey. Precision engineering was the most upbeat cluster, with semiconductor-related equipment makers expecting AI investment to keep expanding. Manufacturers also cited overseas price competition and geopolitical developments as challenges to securing export orders.