Singapore’s tourism industry will receive a $300 million boost as part of a plan to grow the local economy and reinforce its global business hub status. The injection to the country’s tourism development fund, announced by Minister of State for Trade and Industry Alvin Tan in Parliament on March 1, will help to develop and market new products and experiences and support local businesses in developing new intellectual properties.
It will also go towards rejuvenating existing tourism offerings, upskilling tourism workers and helping local tourism companies become more productive and innovative, he added
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Singapore Aerospace Industry to Hire 2,500 Workers for Continued GrowthThe aerospace industry is expected to hire more than 2,500 workers in Singapore over the next three to five years to support its growth. The Economic Development Board (EDB) has attracted significant investments for new projects, including a new aircraft maintenance facility and capacity expansion. Singapore currently has over 130 aerospace companies, with locals occupying the majority of jobs in the sector.
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