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Singapore rolls out S$900 million support package for businesses, households in light of Iran war

Singapore rolls out S$900 million support package for businesses, households in light of Iran war

Singapore launched a S$900 million support package to help households and SMEs manage rising costs caused by the Middle East conflict, providing cash grants, rental relief, and enhanced loan risk-sharing.

CXMT just became China’s most valuable firm. But where does it stand amid the AI-driven chip boom?

CXMT just became China’s most valuable firm. But where does it stand amid the AI-driven chip boom?

CXMT became China’s most valuable firm after a massive IPO surge. While analysts debate its valuation and technological gap against global rivals, the company benefits from strong demand in the memory market.

Can SIA achieve soft touchdown after surprise S$76 million loss?

Can SIA achieve soft touchdown after surprise S$76 million loss?

Singapore Airlines reported a surprise S$76 million quarterly loss as surging fuel costs offset record revenues. Analysts remain divided on the carrier's outlook, citing concerns over valuations and regional market volatility.

Drone hits US-owned storage tanker at Egypt port in major Middle East escalation, security firm says

Drone hits US-owned storage tanker at Egypt port in major Middle East escalation, security firm says

A drone struck a US-owned tanker at an Egyptian port, fueling Middle East tensions. President Trump vowed retaliation against Iran as regional conflict expands, causing oil prices to surge significantly.

More CDC vouchers, support for businesses in additional $900 million support package

More CDC vouchers, support for businesses in additional $900 million support package

Singapore is launching a $900 million support package providing households with CDC vouchers and utility rebates, alongside cash grants and rental aid for SMEs to combat rising energy costs and inflation.

S’pore households to get $300 in CDC vouchers in January 2027 to cushion impact of inflation

S’pore households to get $300 in CDC vouchers in January 2027 to cushion impact of inflation

Singaporean households will receive $300 in CDC vouchers in January 2027 to help manage inflation and rising costs, part of a $900 million government support package.

Trump’s latest tariff salvos land at the worst possible moment

Trump’s latest tariff salvos land at the worst possible moment

New US tariffs, combined with rising food prices, an oil shock, and tech valuation concerns, threaten to trigger global inflation and financial market instability.

Sound the AIarm: Tech stocks’ whiplash could signal risks for Singapore’s real economy

Sound the AIarm: Tech stocks’ whiplash could signal risks for Singapore’s real economy

MAS and Fitch warn that volatile AI investment poses significant risks to global financial stability and Singapore’s export-driven economy, as market reliance on speculative tech growth threatens long-term sustainability.

Govt proactively reformed laws to deal with real-world problems, advance public interest: Shanmugam

Govt proactively reformed laws to deal with real-world problems, advance public interest: Shanmugam

Singapore has passed nearly 1,000 laws over 25 years, proactively reforming its legal landscape to address real-world challenges and advance public interest through parliamentary processes.

Philippines’ Marcos puts anti-graft campaign at centre of address to Congress

Philippines’ Marcos puts anti-graft campaign at centre of address to Congress

Philippine President Marcos vowed to continue his anti-corruption drive, even if it involves family, while addressing Congress amid low public trust and economic concerns. He also reaffirmed sovereignty in the South China Sea.

Evercore CEO Keith Magnus appointed to SLA board as DBS’ Lim Soon Chong leaves

Evercore CEO Keith Magnus appointed to SLA board as DBS’ Lim Soon Chong leaves

Evercore Asia CEO Keith Magnus joins the Singapore Land Authority board for a two-year term starting August 1, replacing DBS executive Lim Soon Chong.

‘Don’t push it down our throats’: Why India’s ethanol-blending fuel policy is facing backlash

‘Don’t push it down our throats’: Why India’s ethanol-blending fuel policy is facing backlash

India’s rapid transition to E20 ethanol-blended fuel has sparked consumer backlash over vehicle performance, mileage losses, and limited fuel choices. Experts suggest improving storage standards and offering alternatives to restore public trust.