Singapore defies Trump’s tariffs as manufacturing drives growth

Singapore’s pharmaceutical and electronic manufacturers powered the economy in the final three months of 2025, pushing full-year growth to the fastest since its rebound from the pandemic despite fears of a shock from President Donald Trump’s tariffs. Gross domestic product last quarter grew 5.7 per cent from the same period a year ago, according to an advance estimate on Friday from the Ministry of Trade and Industry. That compares with a 6.3 per cent median estimate in a Bloomberg survey and...