Eligible S’poreans to get up to $850 in GSTV cash, up to $450 in MediSave top-ups in August
They will receive $850 in cash if they are 21 or older in 2025, have an assessable income of up to $39,000 in the latest assessment year, and own at most one property whose annual value is up to $21,000 in 2024.
Japan’s US$1.7 trillion fund boosts ESG holdings as others flee
GPIF and Norway’s US$1.9 trillion sovereign wealth fund are seen as rare examples of major investors that are continuing to support sustainability-related securities.
ECB warns of impact of heat waves on inflation, GDP growth
“If you think about the exceptionally hot summer of 2022, food-price inflation was up between 0.4 and 0.9 percentage points” and “there was quite a measurable hit on German GDP.
MOH studying 18 proposals to integrate TCM into public healthcare
If implemented in public clinics and hospitals, these treatments could become eligible for subsidies and MediSave coverage, which today apply to two TCM treatments
Tariffs will kick in on Aug 1 barring trade deals: US Treasury Secretary
So far, the Trump administration has unveiled deals with the United Kingdom and Vietnam, while Washington and Beijing agreed to temporarily lower staggeringly high levies on each other’s products.
US stocks knocked lower by tariff jitters; Musk’s political plan hits Tesla
Indexes added to losses after Mr Trump announced the tariff rates against Japanese and South Korean imports, due to take effect on Aug 1.
House narrowly passes Trump’s megabill in major victory for Republicans
The independent Congressional Budget Office warns that the bill could add $3.4 trillion to the $36.2 trillion of the world’s largest economy’s existing debt over the next decade.
CPF members can make housing, retirement and health insurance plans with new digital platform
With the retirement payout planner, members can map out their payout goals and explore ways to leverage CPF to achieve their goals, such as through top-ups.
Singapore retail sales up by 1.4%, driven by motor vehicle sales
The estimated total retail sales value in May was $4.2 billion. Of this, an estimated 12.3 per cent was from online retail sales, compared with the 12.7 per cent recorded in April.
China stock sentiment falls amid policy inaction and tariff concerns
The bank cautioned that markets could face increased volatility "in the next month or two," though they maintain a more positive outlook for fund flow momentum over the medium to long term,
EU-US trade talks focus on tariff offset for automakers
The EU is also pushing the US for quotas and exemptions to effectively lower Washington’s 25 per cent tariff on automobiles and car parts, as well as its 50 per cent tariff on steel and aluminium.
1 in 4 appeals to waive HDB wait-out period for private home owners approved since Sept 2022
From the time the rule was introduced on Sept 30, 2022, until March 31, 2025, HDB received and processed about 5,500 appeals for a waiver.