Singapore's government rolled out an additional S$1.5 billion support package for all households to cope with higher inflation and cost of living concerns.
The package is intended to provide more support for lower-to middle-income groups, the Ministry of Finance said Friday. The better-than-expected fiscal out-turn in the first half of the fiscal 2022 will provide fund for the package.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.