Singapore

Fiscal support for the tourism industry

Aviation industry support (30 Dec):

• Additional $84 million SGD

• Used to support the adoption of technology and safety measures to protect airport workers and crew

• Licence fees for scheduled air services, Certificates of Airworthiness will continue to be waived, and ground handling and catering service fees will be 50% off

Jobs Support Scheme extension (18 Aug):

• Extended by up to 7 months for workers in the tourism, aerospace and aviation industries

• Wages paid at 50% from Sep to Mar 2021

Aviation industry support (17 Aug):

• $187 million SGD allocated to support the aviation industry further

• Extended financial relief for airlines, ground handlers, cargo agents, and other aviation businesses at Changi and Selatar Airport, including landing, parking and rental rebates

SingapoRediscovers domestic tourism campaign (22 Jul):

• $320 million SGD budget for SingapoRediscover vouchers

• $33 million USD budget

• 3 approaches: partner with local communities to discover off-the-beaten-track activities, curate precinct activities to develop authentic experiences for “Singapolidays” and collaborate with tourism players to develop quality experiences and promotions

Fortitude Budget (26 May):

• Wage subsidies extended until Aug 2020, including MICE and tourism businesses at 75% of salary

Resilience Budget (26 Mar):

• Job support scheme for tourism businesses which will subsidise up to 75% of salary up to $4,600SGD/ month

• $90 million SGD budget for recovery marketing when the time is right

• Property tax rebates and rental waivers

• Enhanced training industry Professionals in Tourism grants extended

• Rebates on certain fees for private bus operators

• $350 million SGD fund for airlines to fund rebates on landing and parking charges; rental relief for airlines, ground handlers and cargo agents

• CAAS allow Singapore carriers and airport operator to defer payment of certain fees by up to one year, as well as 50% rebate on regulatory fees

Singapore Tourism Board (24 Apr):

• $20 million SGD Marketing Partnership Programme

• Phase 1 was launched for hotels in Apr 2020, funding half of qualified marketing costs

• Phase 2 will increase to funding for 70% of marketing costs for hotels, attractions, inbound travel agents and MICE

• $2 million SGD SG Stories Content Fund for local and international digital video content creators to create stories about Singapore

• Tourism Transformation Index to help tourism businesses go digital

• Launch of ThreeHouse, an innovation space for companies to collaborate

• STB Marketing College – joint scheme with UOB, Facebook, Google and LinkedIn to develop online training

• Minimum financial requirement for travel agents to be reduced by 90% until 31 Dec