在潜在的上行因素方面，76.5%的受访者认为全球科技周期的持续上行（Tech Cycle）是新加坡经济增 长的主要推动力。此外，全球增长的韧性以及贸易紧张局势的缓解也被列为关键的上行风险。 该调查于2025年11月21日发出，共收到20位密切关注新加坡经济的经济学家和分析师的回复。 在通胀方面，受访经济学家对2025年全年的通胀预期保持稳定。调查显示，2025年整体通胀率的中位数 预测维持在0.9%，新加坡金管局核心通胀率预测维持在0.7%，均与9月份的调查结果持平。 展望2026年，受访者预计新加坡经济增速将放缓至2.3%。同时，通胀压力预计将有所回升，2026年整 体通胀率和核心通胀率的预测中位数分别为1.5%和1.3%。 关于经济前景面临的风险，地缘政治紧张局势（包括贸易紧张局势升级和战争）依然被视为最大的下行 风险，100%的受访者将其列为关注重点。此外，41.2%的受访者对人工智能（AI）泡沫破裂可能带来的 金融市场溢出效应表示担忧。 新华财经新加坡12月17日电 新加坡金融管理局（MAS）17日发布的最新经济学家调查报告显示，受访 经济学家和分析师大幅上调了对2025年新加坡经济增长的预期。调查显 ...

沙特财政部预计，2025年实际GDP增速将加速至4.4%，其中非石油部门增速将达5%。 在"石油王国"的刻板印象之外，沙特非石油部门在实际国内生产总值（GDP）中的占比已从十年前的 45.4%，大幅增长至如今的55.6%。 这十多个百分点的飞跃背后，是2016年启动的"沙特2030愿景"所引领的经济多元化进程。这为沙特带来 了非石油经济增长动力，沙特财政部预计，2025年实际GDP增速将加速至4.4%，其中非石油部门的增 长将达5%。同时，沙特正从过去依赖公共财政支出，转向了撬动和引导私人资本，释放经济潜力。 毕马威的分析报告认为，沙特非石油部门的增长受到多领域的支撑。一方面，沙特政府推行提高公共采 购中本土化比例的政策，直接刺激了国内非石油制造业的发展。另一方面，批发与零售贸易成为非石油 增长的重要贡献者，这与沙特私人消费的强劲趋势紧密相连。沙特政府通过设定汽油价格上限、提 供"公民账户"等直接财政支持，稳定了居民实际收入，助推了消费。毕马威预期，这一趋势将在2026年 延续。 十年之间，沙特阿拉伯的经济版图经历了一场重塑。 "从沙特国家发展基金（NDF）的视角来看，成果是显而易见的。许多愿景目标已经实现， ...

Core Viewpoint - Brunei's GDP for Q2 2025 shows a slight decline of 0.3% year-on-year, primarily due to a contraction in the non-oil and gas sector despite a growth of 1.5% in the oil and gas industry [1] Economic Performance - Brunei's GDP at constant prices for Q2 2025 is 4.63 billion Brunei dollars, down from 4.65 billion Brunei dollars in the same quarter last year [1] - The oil and gas sector accounts for 49.5% of GDP, while the non-oil sector makes up 50.5% [1] Sector Analysis - The oil and gas industry experienced a growth of 1.5% due to increased production from new and existing oil wells [1] - The non-oil sector contracted by 1.8%, with significant declines in various industries: - Financial services decreased by 15.3% due to lower bank revenues from global interest rate declines [1] - Other manufacturing fell by 24.9%, attributed to the completion of major oil and gas maintenance projects [1] - Wholesale and retail trade declined by 3.7% due to weak consumer demand [1] - Business services, particularly IT programming, also saw a downturn [1] Contribution by Sector - The industrial sector remains dominant, contributing 62.9% to the economy, while the services sector accounts for 35.8% and agriculture, forestry, and fisheries make up 1.4% [1] Expenditure Perspective - Government spending increased by 12%, but net exports, household consumption, and investments all experienced declines [1]

Economic Growth - Singapore's economy grew by 4.3% year-on-year in Q2, continuing the previous quarter's growth of 4.1% [1] - The preliminary estimate for Singapore's GDP growth in the first half of the year is 4.2% [1] - The Ministry of Trade and Industry warns of significant uncertainty and downside risks to the global economy in the second half of the year due to unresolved U.S. tariff policies [1] Sector Performance - Manufacturing sector grew by 5.5% year-on-year in Q2, up from 4.4% in the previous quarter, driven by expansion in all clusters except chemicals and general manufacturing [1] - Construction sector experienced a 4.9% year-on-year growth in Q2, primarily due to increased public sector construction output [1] - Service sector grew by 4.1% year-on-year in Q2, higher than the 3.7% growth in Q1, with wholesale and retail trade, transportation, and warehousing sectors growing by 4.8% [2] Service Sector Details - Growth in transportation and warehousing was mainly driven by the maritime sector, while wholesale and retail trade growth was led by machinery, equipment, and supplies [2] - The overall growth of wholesale and retail trade, transportation, and warehousing increased from 0.8% in Q1 to 2.7% in Q2 after seasonal adjustment [2] - Information and communication, finance and insurance, and professional services sectors grew by 3.8% year-on-year in Q2, maintaining the previous quarter's growth rate [2] Government Initiatives - The Singapore government is actively promoting economic diversification by supporting emerging industries such as artificial intelligence and biomedicine [3] - Employment training and retraining programs are being provided to help the workforce adapt to economic transformation needs [3] - The Monetary Authority of Singapore is flexibly adjusting monetary policy to balance economic growth and inflation control [3] Future Outlook - Singapore aims to strengthen economic cooperation with other countries and regions while promoting regional economic integration [4] - The government is committed to structural adjustments and upgrades to enhance economic competitiveness and resilience [4] - Continued investment in innovation and R&D is planned, focusing on digital and green economy development towards sustainable growth [4]