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Singapore tourism may be worse hit than expected by coronavirus

Bloomberg
Bloomberg • 2 min read
Singapore tourism may be worse hit than expected by coronavirus
With the economic fallout expected to grow, Singapore is already mulling another round of aid for businesses.
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SINGAPORE (Mar 11): 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.

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