Here Are the Key Winners From Singapore’s Election-Year Budget

Singapore’s stocks benchmark Straits Times Index extended gains to close at a new high Tuesday. 

Photographer: Nicky Loh/Bloomberg
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Singapore’s 2025 budget is expected to boost lending, consumer and green energy sectors, while providing a push to the city-state’s stock market.

The government will increase handouts and rebates to households, Prime Minister Lawrence Wong said in his budget speech Tuesday, as Singapore heads for general elections this year.