SINGAPORE (Oct 5): Singapore households are expected to double their overseas travel spending to almost US$45 billion ($62 billion) by 2025, placing the country in seventh place globally according to Visa’s report, Mapping the Future of Global Travel and Tourism in Asia Pacific.

This would also rank the republic third in Asia Pacific, as international travel is also expected to double among Singapore households. Singapore currently ranks behind first-placed China (US$255.4 billion) and second-placed Hong Kong (US$47.4 billion).

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