Singapore to pump extra S$68.5m into tourism fund to support sector: Chan Chun Sing_老虎社区_美港股上老虎

Singapore to pump extra S$68.5m into tourism fund to support sector: Chan Chun Sing

The Business Times2021-04-07

SINGAPORE will raise the pot for its Tourism Development Fund (TDF) to support the sector amid near-term headwinds. The latest S$68.5 million top-up comes on continued "targeted support" for "quality ...

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madflurry
·2021-04-07
That's good
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783e34dc
·2021-04-07
Favourite minister ccs
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Ray140101
·2021-04-07
Good
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3
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RTHS
·2021-04-07
Tourism a big boost
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trollololol
·2021-04-07
Reply and like please
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4
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- JessFeng:
  ok
  2021-04-07
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- Ray140101:
  Ok
  2021-04-07
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Winkingbear
·2021-04-07
More liquidity
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1
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- trollololol:
  reply and like please
  2021-04-07
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- Winkingbear:
  OK
  2021-04-07
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Genekun
·2021-04-07
lets go SG!
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3
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SureHeng
·2021-04-07
🙏
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1
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LinHart
·2021-04-07
[龇牙] [龇牙]
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ZEROHERO
·2021-04-07
Floodgate is open, bring in the money!
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ACCY
·2021-04-07
We’re in this together! 👍
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2
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BQCS
·2021-04-07
Taxpayers money
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- Zoyoyo:
  Nice
  2021-04-07
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- Nicholasbt:
  They will kope back with more taxes
  2021-04-07
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- Chimmy:
  Well..as we love to say..give chicken wing, take back whole chicken. The Men in White loves to do this anyway
  2021-04-07
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查看更多 2 条评论
Danuptheiron
·2021-04-07
Nice
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Timtan85
·2021-04-07
Like n comment
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- 白虎王:
  Like n comment
  2021-04-07
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- Zoyoyo:
  Commmenfndjsjffyeet
  2021-04-07
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白虎王
·2021-04-07
Good news
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Noob6
·2021-04-07
Singapore go go go
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- ACCY:
  Yes! 👍
  2021-04-07
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But we remain committed to supporting our tourism sector, to help our businesses and workers build new capabilities and break new ground,\" he said.\nKey grants under the fund will also see higher support levels continue until end-March 2022, after last year's Resilience Budget raised the maximum support level for certain qualifying costs.\nSet up in 2005, the TDF has a mandate to grow tourism receipts, visitor arrivals and service sector jobs. The size of its most recent five-year tranche now stands at S$848.5 million - including the latest top-up and an earlier round in 2020, as well as the original S$700 million earmarked in 2016.\nInitiatives supported by the TDF include the Experience Step-Up Fund; the Kickstart Fund to test innovative lifestyle concepts; and the Training Industry Professionals in Tourism grant, which covers part of the cost of sending employees for tourism-related skills upgrading.\nMeanwhile, the STB will launch a Tourism Sector Capability Development Roadmap this year to meet the fresh demands on the workforce from Covid-19, said chief executive Keith Tan.\nThe skills plan aims to build skills needed to support travel during the pandemic, such as how to develop end-to-end safe itinerary experiences for groups.\nThe STB will work with the National Trades Union Congress to develop the roadmap, which is also supported by the Alliance for Action in Enabling Safe and Innovative Visitor Experiences under the national Emerging Stronger Taskforce.\nStill, Mr Chan noted that tourism already faced disruption, even before the pandemic. As such, he called on the sector to tap opportunities from a rising focus on sustainability, such as \"enabling businesses from around the world to launch first-to-market solutions and innovations\".\nTechnology also offers the ability to reinvent tourist experiences, he added, citing mobile applications, virtual or augmented reality and remote interactions as some changes.\nBesides these trends, the STB's Mr Tan stressed that Singapore could become a holistic wellness destination, with potential tie-ups between tourism businesses and wellness brands.\nTo help businesses test their ideas, the Singapore Tourism Accelerator incubator programme will run for two more years, until September 2023, Mr Tan added. The scheme, introduced in 2019, has supported 21 startups to develop 35 solutions for the travel and tourism industry and will now include sustainability in its mandate, such as solutions for waste reduction and energy efficiency at tourism properties.\nOther fresh efforts by the STB include an innovation space for businesses to test and scale digital transformation plans. It was announced last year as \"ThreeHouse\" and launched on Wednesday as the Tourism Technology Transformation Cube, or \"Tcube\".\n\"To me, the challenge is quite clear,\" said Mr Tan, urging Singapore's \"forward-looking, hungry, digitally-savvy tourism companies\" to seek and develop innovative and promising solutions.\nSaid Mr Chan: \"The challenge that lies ahead is not recovery within this year, or even next year, but how Singapore will prepare for long-term success, and reinvent global travel.\"","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":341924946,"gmtCreate":1617773395485,"gmtModify":1634296582036,"author":{"id":"3572674326533987","authorId":"3572674326533987","name":"madflurry","avatar":"https://static.tigerbbs.com/4395a3d35844f2eff61057c3013597a6","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"That's good","listText":"That's good","text":"That's 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a big boost&nbsp;","listText":"Tourism a big boost&nbsp;","text":"Tourism a big boost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341932295","repostId":1121988080,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341932917,"gmtCreate":1617769295539,"gmtModify":1634296608414,"author":{"id":"3575040910386797","authorId":"3575040910386797","name":"trollololol","avatar":"https://static.tigerbbs.com/bb3709f9470a5163c6c7031ab692e8c9","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Reply and like please","listText":"Reply and like please","text":"Reply and like 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<u>please</u>"},{"id":3977722,"gmtCreate":1617784616244,"gmtModify":1635742783665,"authorId":3566159832938847,"author":{"id":3566159832938847,"authorId":3566159832938847,"name":"Winkingbear","avatar":"https://static.tigerbbs.com/fa59ca544b59fdba57ec5b04668be509","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341933848,"type":1,"supId":3976380,"prevId":0,"content":"OK","text":"OK","html":"OK"}],"langContent":"EN"},{"id":341939338,"gmtCreate":1617768999724,"gmtModify":1634296613344,"author":{"id":"3562062018050031","authorId":"3562062018050031","name":"Genekun","avatar":"https://static.tigerbbs.com/ffb91ce7286a4dd47ea48415366d485f","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"lets go SG!&nbsp;","listText":"lets go SG!&nbsp;","text":"lets go 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[龇牙]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341991529","repostId":1121988080,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":341991184,"gmtCreate":1617768304948,"gmtModify":1634296618222,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Floodgate is open, bring in the money!","listText":"Floodgate is open, bring in the money!","text":"Floodgate is open, bring in the 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