Singapore to inject S$740m into tourism development fund as receipts hit record S$32.8b in 2025
Singapore will pump in S$740 million to boost its tourism sector over the next five years. The funds will be used to breathe new life into existing attractions and add fresh experiences. 2025 was a record-breaking year as Singapore raked in S$32.8 billion in tourism receipts, despite visitor arrivals coming in lower than expected at 16.9 million. This year's tourism receipts are projected to come in between S$31 billion and S$32.5 billion, with 17 million to 18 million international visitor arrivals. Beatrice Yap and Ivy Chok report.
Singapore will pump in S$740 million to boost its tourism sector over the next five years. The funds will be used to breathe new life into existing attractions and add fresh experiences. 2025 was a record-breaking year as Singapore raked in S$32.8 billion in tourism receipts, despite visitor arrivals coming in lower than expected at 16.9 million. This year's tourism receipts are projected to come in between S$31 billion and S$32.5 billion, with 17 million to 18 million international visitor arrivals. Beatrice Yap and Ivy Chok report.