Rebates to lift aviation; spending vouchers to boost tourism sector
S$187m to extend Enhanced Aviation Support Package; S$320m tourism credits for Singaporeans
Nisha Ramchandani
Singapore
THE government is extending support to the aviation and tourism sectors by allocating S$187 million to extend the Enhanced Aviation Support Package and doling out S$320 million in tourism credits to Singaporeans.
Singapore's aerospace, aviation, and tourism sectors - which are key parts of the economy and act as multipliers for other sectors - have been hit hardest by the pandemic. The government's strategy involves providing further support for these sectors, to retain core capabilities and position them for an eventual recovery, highlighted Deputy Prime Minister Heng Swee Keat in his speech on Monday.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.