Each Singaporean over the age of 18 will receive a digital voucher worth S$100 (approximately US$75), which can be used during public holidays or to purchase tickets to entertainment venues on throughout the island.
This is part of the government’s efforts to mitigate the damage caused by the COVID-19 pandemic. to the tourism industry, which is the main economy and contributes up to 4% of Singapore’s GDP.
Announcing the program details on September 16, Singapore’s Minister of Trade and Industry Chan Chun Sing said that the time to use the promotional voucher will coincide with public holidays in March, June and December.
Chan also added that this is not a social welfare program. This is an economic initiative to promote domestic tourism during the COVID-19 pandemic.
“This is an economic project to temporarily improve those properties while preserving the assets that our attractions have built over the years,” Chan told reporters during the visit. Jurong Bird Park. say when he does
Singapore Rediscovery Project It was first announced in September. with a total value of up to S$320 million The voucher can be used at the hotel. Local attractions and tours are certified by the Singapore Tourism Board (STB).
Currently, 214 hotels, 40 attractions and 40 tours have been approved to participate in the program. All travel activities will continue to comply with Singapore’s quarantine regulations.
In early July, STB invested S$45 million to promote the Singapore Rediscovery project. Stimulate domestic tourism and encourage people to use local goods and services.
Chan also said the expected impact of the S$365 million stimulus package would extend beyond the tourism industry. This includes the travel and beverage industries.
“The exact extent of the catalytic effect will be a bit difficult to assess at this point. But we expect the amount spent in the budget to be at least several times that,” said Chan.
STB Director Keith Tang said that while the food and beverage and retail sectors were part of the campaign to promote Singapore, the campaign focused on hospitality and tourism, which relies on 70-80% of revenue on visitors, said the sponsorship of the attractions.
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Source: INN NEW YORK CITY