[SINGAPORE] As the Iran war enters its second month, raising the risk of a global energy crunch, Prime Minister Lawrence Wong said last Thursday (Apr 2) that the government will help cushion the impact on households and businesses. While he did not provide specifics, he said that existing support measures could be enhanced or brought forward to “provide earlier relief”, with ministers to announce more details when Parliament sits on Tuesday. Industry watchers said that any additional measures are likely to be targeted, given the uneven impact of rising energy and logistics costs across sectors. The Singapore Business Federation (SBF) and the Singapore Chinese Chamber of Commerce & Industry did not respond to queries on the support measures they are seeking. Still, SBF chief executive officer Kok Ping Soon noted that, as a highly open and trade-dependent economy, Singapore feels such shocks quickly through higher logistics costs, energy price volatility and supply chain disruptions. https://www.businesstimes.com.sg/singapore/iran-war-singapore-likely-roll-out-targeted-support-businesses-households-energy-costs-rise (ICE SINGAPORE)

Fonte notizia: The Business Times, 5 April 2026