Hosting WEF a major coup for Singapore and crucial to healing MICE sector
Add BT as a preferred source
THE World Economic Forum's (WEF) decision to host its Special Annual Meeting 2021 in Singapore next May is a prestigious media-grabbing coup for the city-state, but more importantly a significant stepping stone to heal the country's meetings, incentives, conferences and exhibitions (MICE) sector, experts say.
Gernot Ringling, managing director of Messe Düsseldorf Asia, one of Singapore's leading exhibition organisers which is staging its flagship Medical Fair Asia exhibition in a digital online format from Dec 9-18 due to the pandemic, told The Business Times (BT): "Singapore already has a reputation as a great MICE destination, and hosting WEF will enhance that reputation even more.
"The travel and hospitality industries have born a disproportional amount of the economic impact of Covid-19. I am confident that hosting WEF will be a significant stepping stone to full recovery for the MICE industry and all the ancillary services industries involved in it."
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
