Singapore Tourism Board (STB)

Global Economy

Briefs

Quoteworthy: In today’s world of social media, fear, uncertainty and panic spread a lot faster on social media than the truth, which is boring and nobody wants to share. — Minister Lawrence Wong, co-chair of the Multi-Ministry Taskforce on Covid-19,

Singapore economy

Singapore's tourism industry rolls up sleeves to grapple with Covid-19's 'uncharted territory'

SINGAPORE (Feb 14): Singapore’s tourism sector is expected to take a significant hit this year due to the 2019 novel coronavirus (Covid-19) outbreak. As of Feb 13, there have been 58 people infected with the virus. The Republic also has the highest numb

Covid-19

Visitor arrivals to Singapore expected to drop as much as 30% due to coronavirus outbreak

The government is in the process of forming a public-private sector Tourism Recovery Action Task Force (TRAC) to lay out the plans of recovery and future growth for the overall tourism sector.

Singapore economy

Tourism the bright spot for Singapore

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)

Broker's Calls

FEHT downgraded to 'hold' on slowdown in upscale and mid-tier hotel RevPAR

SINGAPORE (Apr 16): “According to channel checks as well as Singapore Tourism Board (STB) data, we are likely looking at a soft 1Q19 for SG hotels,” says OCBC Investment Research analyst Deborah Ong in a Monday report.

Sector Focus

Online travel agent Zuji loses licenses in Singapore, Hong Kong

SINGAPORE (Jan 17): Zuji, an Asian online travel booking site, is no longer operational after failing to renew licenses in Hong Kong and Singapore and an air ticketing system terminated its services.

Management & Corporate Governance

Asiatravel.com faces suspension of travel agent licence; non-executive director resigns

SINGAPORE (July 17): Asiatravel.com Holdings announced Tuesday that it has received a notice of intent from the Singapore Tourism Board (STB) on July 13 to suspend its travel agent licence for six months.

Broker's Calls

Will Kim-Trump powwow lure more visitors to Singapore?

SINGAPORE (June 8): The historic Trump-Kim Summit is scheduled to be hold on June 12 at Sentosa Capella Hotel.

Singapore economy

Singapore 2017 tourism breaks record for 2nd year running

SINGAPORE (Feb 12): Singapore’s tourism arrivals and visitor arrivals both achieved record highs in 2017 for the second time in two years.

There's a new reason Indian tourists are flocking to Singapore

(July 28): When Indian architect Rahul Maini and his parents embarked on their first trip abroad in May, Singapore was their destination of choice. But the trio wasn’t going for the hawker food or even the city-state’s casinos -- they were there to ge
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