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Business travel spending in Singapore to grow faster than world average

It's forecast to rise 4.3% to S$17.2b, says report, ahead of the 4% to US$1.2t globally

Nisha Ramchandani

Published Mon, Jul 10, 2017 · 09:50 PM

Singapore

BUSINESS travel spending for Singapore is projected to grow by 4.3 per cent this year - slightly above the global average - to S$17.2 billion, according to a report.

The report by the World Travel and Tourism Council (WTTC) and Travelport estimates that worldwide business travel spending would rise by 4 per cent to about US$1.2 trillion, driven by the Asia-Pacific, and will increase by 3.7 per cent per year to US$1.72 trillion in 2027.

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