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Singapore tourism brings in S$6.4 billion

Jul 30, 2009

SINGAPORE - Singapore earned about S$6.4 billion in tourism receipts for the first six months of the year, a decline of 13.5 percent compared to the same period last year.

About 4.5 million tourists visited the city-state in the same months, registering also a decline of 11.5 percent compared to the January to June period last year, according to Singapore Tourism Board (STB) in its half-yearly summary report Thursday.

STB said it projected ranges for 2009 full-year tourism receipts of S$12.0 to S$12.5 billion and 9.0 to 9.5 million visitor arrivals remained unchanged although travellers were expected to stay cautious as uncertainties continued around Influenza A H1N1 and the general economic environment.

Indonesia, China, India and Australia were expected to be the top four largest tourism receipts generating markets for the city-said this year, STB said.

For the first six months, Singapore's top five tourism receipt-generating markets were Indonesia (S$1,071 million), China (S$575 million), Australia (S$444 million), India (S$431 million) and the United Kingdom (S$299 million).

These markets accounted for 44 percent of total tourism receipts during the period, STB said.

The republic's top five visitor-generating markets were Indonesia (766,000), China (457,000), Australia (376,000), India (361,000) and Malaysia (317,000), accounting for over 50 percent of total visitor arrivals in the six months.

Singapore tourism brings in S$6.4 billion
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