Friday, 23 March 2012

Singapore eyes up to 10 pct rise in 2012 visitor arrivals


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Singapore eyes up to 10 pct rise in 2012 visitor arrivals
Singapore hopes to attract up to 10 percent more visitors this year, Second Minister for Trade and Industry S Iswaran said on Friday, helped by an increase in cruise tourism.
"STB (Singapore Tourism Board) is projecting visitor arrivals to be between 13.5 and 14.5 million this year, an increase of up to 10 percent from 2011," Iswaran said at a tourism conference, according to speech notes provided to reporters.
The board also expects tourism receipts to reach S$23 to S$24 billion ($18.95 billion) this year, a rise of up to 8 percent from last year's S$22.2 billion, he added.
Iswaran identified cruises as a growth area, helped by the development of more fly-cruise itineraries that make use of Singapore's strategic position as a key Asian gateway.
Singapore has seen a boom in tourism in recent years, helped by the hosting of high-profile events such as the Formula One night race and the opening of two multi-billion-dollar casino resorts in 2010.
Last year, the Southeast city-state welcomed a record 13.2 million visitors, state broadcaster Channel NewsAsia said earlier this week.            ($1 = 1.2663 Singapore dollars) 
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