The Managing Director of the Monetary Authority of Singapore, Chia Der Jiun, said on the 28th that while there is significant uncertainty over the sustainability of the AI-related investment boom, the country's economic growth is expected to remain steady through the second half of 2026. Speaking at the release of the annual report, Chia said global AI-related demand is likely to continue providing a substantial boost to Singapore's economy for the time being, and noted that other industrial sectors are also growing at a pace close to trend. At the same time, he stressed that the AI investment boom is a major source of uncertainty, pointing out that AI-related electronics exports have accounted for more than 70 percent of Asia's total export growth so far this year, up sharply from 46 percent in 2024. He also cited the prolonged Middle East conflict as a risk factor, saying the possibility of a surge in crude oil prices cannot be dismissed. The MAS had tightened monetary policy for the second consecutive meeting the previous day, citing inflation risks.