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Cruise industry added $706m to Singapore's economy in 2016

STB data shows this is a 36% increase from 2010; future of cruise tourism for Singapore, S-E Asia is bright

Published Fri, Jan 26, 2018 · 09:50 PM
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Singapore

THE Republic's cruise industry directly contributed $706 million to the country's economy in 2016, a 36 per cent increase from 2010.

This is according to latest data from the Singapore Tourism Board (STB), and does not include the indirect spending by tourists on goods and services like restaurants and stores.

STB announced this on Friday, even as a joint Asean Declaration on Cruise Tourism was officially endorsed at this year's Asean Tourism Forum.

The declaration will give a boost to South-east Asia's transformat…

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