tourism sector

In June, 1.13 million visitors returned to Singapore for leisure and work, signalling a resurgence in the hospitality industry.

The resumption of tourism and large events in Singapore is expected to give SIA a much needed boost.

Among all the sector, the tourism sector is the hardest hit by the pandemic. But the impending vaccination does offer some hope.

With the economic fallout expected to grow, Singapore is already mulling another round of aid for businesses.

banks, CET1, Hong Kong Greater China

Governments have tightened international travel and border crossings with China in their efforts to stop the spread of the pneumonia-like illness.

SINGAPORE (Sept 30): Against the backdrop of an ailing economy, the only bright spot in Singapore seems to be the tourism sector. Visitor arrivals were up 1.76% y-o-y to 11.1 million between January and July, according to the Singapore Tourism Board (STB)

SINGAPORE (Sept 6): OCBC Investment Research is maintaining its “neutral” stance on Singapore’s hospitality sector pending further information on the severity of Zika, with expectations that the impact of virus’s outbreak will be “much milder”