Swiftonomics could spur infrastructure upgrades in South-east Asia
Add BT as a preferred source
TAYLOR Swift mania has hit our shores, but not everyone is enchanted. Politicians from neighbouring countries have voiced their unhappiness about a grant to the pop star in exchange for Singapore being the only regional stop in her sold-out Eras Tour.
It is understandable that South-east Asian politicians are unhappy – Swift’s six shows will benefit Singapore with no obvious spin-off benefits for their economies.
Legions of South-east Asian fans have flocked to the city-state for the concerts, and economists have estimated that the visitor arrivals could spur Singapore’s economy by up to S$500 million.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
