Singapore crowned APAC’s top business travel destination

SINGAPORE: Singapore has been ranked the top destination for business travelers in BCD Travel’s latest Cities & Trends report, highlighting the country’s robust post-pandemic recovery and its continued appeal for major meetings, conferences, and exhibitions.

Notably, Singapore introduced the OneAviation Support Package, an initiative valued at $870 million in 2021, aimed at bolstering the aviation industry. Approximately $300 million in aid was also allocated to rejuvenate the tourism sector as it navigated the challenges brought about by the pandemic. BCD Travel’s analysis, based on flight transactions, revealed that Singapore was the most frequented destination in APAC last year, surpassing China and Japan in visitor numbers. The city-state’s strategic location and extensive connectivity contributed to its prominence, making it the top hub for both arrivals and layovers on APAC flights.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore will not direct GIC to invest in locally listed companies: Chee Hong TatIt will continue to groom and develop local firms, with an eye on IPOs for some of them.
Source: The Straits Times - 🏆 8. / 63 Read more »

Investments from GIC 'not the solution' to shake up Singapore's stock market: Chee Hong Tat“Doing so will compromise our objectives of setting up GIC, which is not beneficial for Singapore and Singaporeans,” says Transport Minister and Second Minister for Finance Chee Hong Tat.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »