Over S$2.3b in CDC vouchers spent, with more than half going to hawkers and heartland shops
CDC vouchers have pumped over S$2.3 billion into Singapore's economy since its launch, with more than half going directly to hawkers and heartland shops. Senior Minister of State for Trade and Industry Low Yen Ling gave this update, adding that the scheme has not just boosted footfall, but also strengthened community ties. Total usage of CDC vouchers is projected to cross S$1.4 billion by end-2025. Already, some S$43 million worth of SG60 vouchers that were launched earlier this month have been spent at hawkers and neighbourhood shops. Caitlin Ng reports.
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