Singapore’s tourism industry will receive a $300 million boost as part of a plan to grow the local economy and reinforce its global business hub status. The injection to the country’s tourism development fund, announced by Minister of State for Trade and Industry Alvin Tan in Parliament on March 1, will help to develop and market new products and experiences and support local businesses in developing new intellectual properties.
It will also go towards rejuvenating existing tourism offerings, upskilling tourism workers and helping local tourism companies become more productive and innovative, he added
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