Singapore announces S$900 million support package for businesses and households amid Iran war

Singapore has unveiled a S$900 million support package aimed at businesses and households, responding to economic disruptions caused by the ongoing Iran war. The package includes enhanced government risk-sharing for loans to ease credit access, a one-off cash grant for small and medium enterprises (SMEs), and rental support for market stalls. The initiative, reported by The Business Times on July 29, 2026, is designed to mitigate the financial impact of the conflict on Singapore's economy, particularly for vulnerable sectors. The measures reflect the government's proactive approach to stabilize business operations and household finances during a period of heightened geopolitical uncertainty.