Economy News

Economy

Singapore Boosts Family Support with $390 Credit for 750,000 Children and Youths in July

Singapore announces a $390 credit for 750,000 children and youths to ease education and living expenses, part of Budget 2025's household support measures. Credits will be distribut...

Economy

Frozen Durian Exports Skyrocket: A 300% Surge in the First Half of the Year

Frozen durian exports have tripled in the first half of the year, thanks to favorable policies and market diversification efforts. China's recent approvals and investments in proce...

Economy

Eurozone Faces Retail Sales Dip in May: A Closer Look at the Numbers

Eurostat reports a 0.7% decrease in Eurozone retail sales in May compared to April, with the EU seeing a 0.7% increase. Annual growth remains positive, highlighting regional variat...

Economy

Eurozone Investor Confidence Soars to New Heights in July, Signaling Strong Economic Recovery

Investor confidence in the euro area surged in July, with the Sentix confidence index reaching its highest since February 2022. The current situation index improved, and Germany's ...

Economy

Singapore Celebrates 60th Anniversary with Generous US$630 Vouchers for All Adults

Singapore marks its 60th anniversary by offering US$630 vouchers to all adult citizens, with a staggered rollout to honor seniors. The vouchers, part of the SG60 package, are valid...

Economy

Exclusive: Singapore MPs Lead High-Demand Durian Feasts in Malaysia During Peak Season

Singapore MPs are organizing all-you-can-eat durian tours to Malaysia, featuring the Musang King variety. These popular tours combine durian feasting with shopping and cultural exp...

Economy

China's Durian Imports Plummet Over 30% Amid Stricter Quality Controls on Southeast Asian Exports

China's durian imports dropped by over 30% due to stricter quality controls, affecting Southeast Asian suppliers like Thailand and Vietnam. Efforts are underway to comply with new ...

Economy

Singapore Boosts Household Support: Over 950,000 Homes to Get Up to $150 Utility Rebates

Over 950,000 Singaporean households will receive up to $150 in utility bill rebates and additional S&CC rebates next month, part of government efforts to ease cost-of-living pressu...