Travel

Singapore tourism may be worse hit than expected by Coronavirus

Singapore is bracing for a harder hit to tourism than initially expected from the coronavirus as the outbreak spreads to more than 100 countries, impacting global travel plans, Minister for Communications and Information S Iswaran said.

“Now it’s really the fact that there’s a global spread of this virus and therefore we will have to reevaluate certainly the numbers,” Iswaran said in an interview Wednesday.

Just last month, Singapore’s tourism chief forecast that tourist arrivals and spending could drop by 25% to 30% this year because of the outbreak, making it worse than the 2003 SARS pandemic.

The city-state is losing about 18,000 to 20,000 tourists a day and that could plummet further if the situation persists, Keith Tan, chief executive officer of Singapore Tourism Board, said in mid-February.

With the economic fallout expected to grow, Singapore is already mulling another round of aid for businesses. Unveiling its 2020 budget last month, the government pledged S$6.4 billion ($4.6 billion) in dedicated support, including a S$4 billion stabilization package.

A second support package may be introduced if necessary, local media has reported, citing Deputy Prime Minister Heng Swee Keat.

Iswaran, who is also Minister-in-charge of Trade Relations, declined to elaborate when asked about the scale of any second support package on Wednesday.

“We are prepared to do more, but it has to be a response to the situation,” he said.

Click to comment

Leave a Reply

Your email address will not be published.

5 × 5 =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us