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Prime Minister Lawrence Wong announced at the National Day Rally that the BTO income ceiling will rise from S$14,000 to S$16,000 for families and from S$7,000 to S$8,000 for singles, effective for HFE letters from Aug 24. First-timer families with children will receive an additional ballot chance per child from February 2027. Property analysts say supply can keep pace with demand.
Prime Minister Lawrence Wong said Singapore will not allow itself to be used as a conduit for illegal trade practices, responding to US allegations that the city-state could be used by Chinese exporters to avoid tariffs. However, he acknowledged practical limits, noting Singapore cannot trace every product that passes through its shores. The remarks came during his National Day Rally speech on Aug 23.
In his National Day Rally speech, Prime Minister Lawrence Wong described a more contested and dangerous world, urging Singapore to deepen global ties and strengthen ASEAN unity. He emphasised that trust, built on the rule of law and strong institutions, remains the nation's key asset. A forum piece reflected on Singapore's visionary planning and the new leadership's willingness to listen.
European Central Bank chief Christine Lagarde could take over the presidency of the World Economic Forum in 2027, according to a Swiss newspaper report. The report cites unnamed sources saying Lagarde is 'ready to serve' after being described as a 'putative candidate' at a WEF board meeting.
President Donald Trump is considering a new 7.5 percent tariff on Chinese goods over excess manufacturing capacity, according to multiple reports citing people familiar with the deliberations. Officials view the rate as calibrated to preserve a trade truce and a planned late-September meeting with Xi Jinping. The step follows a Supreme Court ruling against earlier reciprocal tariffs and comes amid wider U.S. duties that Asian economies have largely accepted without retaliation.
An Air India Express flight from Ranchi to Bengaluru was delayed by about five hours after a passenger on the incoming flight experienced breathing difficulty and was given oxygen on board. Oxygen cylinders were arranged from New Delhi for the return journey, which departed around 13:51.
Iranian President Masoud Pezeshkian acknowledged on Sunday that Iran is facing 'many problems' as the US prepares to announce new sanctions. Pezeshkian blamed US President Donald Trump for imposing 'crushing and terrifying sanctions' amid a 'full-scale economic, military and security war'. The US has vowed to bring about the 'collapse' of the Iranian regime.
Senior Minister Lee Hsien Loong will visit Kazakhstan and Uzbekistan from Aug 24 to 31, his first trip to Central Asia. The visits include high-level meetings, an award, and a lecture, with a possible free trade agreement announcement with Uzbekistan.
India's Unified Payments Interface (UPI) marks a decade since its launch in August 2016, with annual transactions surging from 1.78 crore in FY17 to 24,162 crore in FY26. The platform now handles nearly half of global real-time payments, operates in 11 countries, and has become the backbone of India's digital economy.
SpaceX has listed four supply chain jobs in Bengaluru, marking its first technical hiring in India, with at least three roles tied to Starlink. The move comes as Starlink's commercial launch remains stalled over pending security clearances.
A Panama-flagged bulk carrier sank off India's eastern coast, leaving 22 crew members missing despite a joint search-and-rescue operation by the Indian Coast Guard and Navy. Two Chinese nationals were rescued, and officials warn that survival chances diminish sharply after 12 hours.
Singapore recorded 772 accidents involving cyclists in 2025, up from 620 in 2024 and the highest in four years, according to police figures. More than half were linked to disorderly cycling or failing to keep a proper lookout, as overall road deaths and injuries also rose.
Bicycle accidents in Singapore reached a four-year high in 2025, with 772 incidents including 17 fatalities. Cyclists and safety advocates are calling for greater mutual respect among all road users, as official data attributes most crashes to disorderly cycling and inattention.
Alex Lanier defeated Japan's Kodai Naraoka 21-11, 21-11 in the men's singles final at the BWF World Championships in New Delhi, becoming the first French player to win the title. The French pair of Thom Gicquel and Delphine Delrue also won gold in mixed doubles, making it a historic day for French badminton.
The Panama-flagged bulk carrier MV Ocean Winner sank in the Bay of Bengal on August 22 after losing communication roughly 200 to 240 nautical miles off Paradip, Odisha. Two Chinese crew members were pulled from liferafts by a merchant tanker as the Indian Coast Guard and Navy searched for the remaining 22 of a 24-person multinational crew. The cause of the sinking has not been established.
Lando Norris secured pole position for the Dutch Grand Prix, beating George Russell and Kimi Antonelli in a qualifying session affected by rain threats. Max Verstappen will start seventh in his final home race, while Liam Lawson impressed in eighth. The race, which was won by Norris, saw Verstappen crash out early, leading to a red flag.
As India gears up for the BRICS Summit in New Delhi, the BrahMos supersonic cruise missile is emerging as a key export item in bilateral talks, with a range of countries from the Gulf to Southeast Asia expressing interest. Recent combat use in Operation Sindoor has bolstered its appeal, and several agreements are already in place.
Prime Minister Lawrence Wong announced a major overhaul of family support at the National Day Rally, including nearly S$70,000 in direct aid per child, expanded leave and sharply lower preschool fees. The measures come as Singapore’s fertility rate hit a record low of 0.87 and a survey found nearly one in four young adults plan to stay child-free, citing time, cost and lifestyle pressures.
Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore for a three-day visit to strengthen trade and investment ties. He will call on Singapore Prime Minister Lawrence Wong and participate in the fourth India-Singapore Ministerial Roundtable alongside his Indian counterparts.
Researchers at the National University of Singapore have identified DP103 as a key regulator of treatment resistance in triple-negative breast cancer, and found that the investigational drug RX-5902 can block its effects, potentially offering a new targeted approach for this aggressive cancer.