Economic strategy review: AI push for businesses, investing in space among 7 recommendations, Singapore News

A push for businesses to adopt artificial intelligence (AI), investing in emerging industries such as space, and helping “leading” local firms to go abroad are some of the seven recommendations from a government-led review of Singapore’s economy.

The Economy Strategy Review (ESR), which was launched in August 2025 comprising five committees that are each headed by two political office holders, gave an update to the media on Thursday (Jan 29).

To meet the aim of reaching the “higher end” of GDP growth of between 2 and 3 per cent each year over the next decade, the ESR recommended extending Singapore’s “global leadership” in industries such as semiconductors, healthcare and aerospace, by investing in AI and technologies to reduce…

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