Singapore, 19th April: The Singaporean government has announced a S$500 million (US$368 million) subsidy to support the recovery of Singapore’s travel industry – placing emphasis on new unique attractions, and events with a sustainability and business tourism focus.

Although the government expects a full recovery of international travel will take several years, this subsidy is expected to speed the recovery of Singapore’s tourism and events sector in the short-term. This news follows the opening of Singapore’s borders on 1st April to fully vaccinated travellers, without requiring COVID-19 testing or quarantine on arrival.