The Business Times
business-time-50
SUBSCRIBERS

Hospitality, retail sectors to gain from freer Singapore-China visa rules

google-preferred-sourceAdd BT as a preferred source

Navene Elangovan

Published Thu, Dec 14, 2023 · 05:00 AM
    • Analysts expect Singapore-listed stocks in the hospitality, transport and retail sectors to gain from the relaxed visa regulations between China and Singapore next year.
    • Analysts expect Singapore-listed stocks in the hospitality, transport and retail sectors to gain from the relaxed visa regulations between China and Singapore next year. PHOTO: YEN MENG JIIN, BT

    SINGAPORE-LISTED stocks in the hospitality, transport and retail sectors are set for a boost with the relaxation of visa regulations between China and Singapore next year.

    The aviation industry also stands to gain from more Chinese visitor arrivals, although analysts said the impact on national carrier Singapore Airlines (SIA) will be mixed, given the competition from other carriers.

    The 30-day visa-exemption agreement, likely to be implemented in early 2024, is part of the drive to bring travel back to – and beyond – pre-Covid levels.

    Singapore StocksChinaTravelSingapore tourism

    TRENDING NOW

    The Monetary Authority of Singapore said it is following up with the three Singapore entities to reinforce its expectations of conduct and compliance.

    Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Nuclear power “is very much back in the conversation” in Asia, say industry observers.

    As India and China surge ahead with nuclear energy, all eyes on Asean’s next move

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More