Singapore Evening Wrap: S$900M Relief Package as Middle East Crude Pressures Mount

The Ministry of Finance announced a massive S$900 million support package for households and businesses on July 29, as the government signaled that elevated global energy prices are here to stay. The package rolls out additional S$300 CDC vouchers for every household in January 2027 and extra U-Save rebates in October and January, directly targeting the higher utility bills Singaporeans are feeling at the pump...