Barnabas Gan, chief economist at a Malaysian bank, said in a note that intensifying economic headwinds and global geopolitical uncertainty are likely to weigh on consumer and business confidence and curb discretionary spending in H2, notably in fashion and entertainment. Elevated fuel and transport costs could pass through to broader consumer prices, lift inflation and erode purchasing power. The bank maintains its forecast for Singapore retail sales growth of 3.0% in 2026.

July 2-3 — The National Data Administration convened an on-site meeting in Beijing on medical data circulation within the national data-element comprehensive pilot zones to review pilot experience and push secure, compliant, and efficient use of medical data. The meeting said stronger top-level design and institutional innovation are needed. Local practice shows jurisdictions that strengthen organizational support and cross-department coordination achieve better medical data flow outcomes. Authorities were told to tighten coordination between data management and health departments, refine incentive mechanisms, and mobilize hospitals, doctors and market operators to create a positive cycle of medical data circulation and accelerate integration of Digital China and Healthy China initiatives.

【視頻】霍爾木茲海峽24小時狀況監控：進出海峽的油輪明顯增多，但當前流量仍然不足以扭轉停產局面。