Story · Singapore
Singapore rolls out S$900 million support package for businesses, households in light of Iran war
Singapore has announced a S$900 million support package aimed at businesses and households, responding to economic disruptions caused by the Iran war. The package includes increased government risk-sharing for loans, a one-off cash grant for small and medium enterprises (SMEs), and rental support for market stalls. The initiative is designed to mitigate the financial impact of the conflict on the local economy, providing immediate relief to affected sectors. The announcement was made by the Singaporean government and reported by The Business Times on July 29, 2026.
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