“Tourism Development Fund to get S$700m
of additional financing”
- Mr S. Iswaran, Minister for Trade and Industry
At Tourism Industry Conference 2016, Minister for Trade and Industry Mr S Iswaran mentioned that the government is allocating S$700 million1 to the Tourism Development Fund from 2016 to 2020.
In line with this, Singapore Tourism Board (STB) projects that visitor arrivals will expand to about 15 million with tourism receipts to clock about S$22 billion2. Despite a global economy slow down, Singapore’s travel, tourism and hospitality sectors are still promising with jobs available.
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Source 1: Channel NewsAsia articled dated 25 Apr 2016
Source 2: JobsCentral Community article
|A member of the Council for Australasian Tourism and Hospitality Education (CAUTHE)
The Council for Australasian Tourism and Hospitality Education (CAUTHE) is a council established to represent the interests of higher education providers of bachelor degree level and above in tourism hospitality and events education.