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Tag: Singapore

  • Changi Airport reports robust growth in Q2 2024 operating indicators

    Changi Airport reports robust growth in Q2 2024 operating indicators

    Singapore Changi Airport handled 16.5 million passenger movements from April to June 2024, an increase of 13.4% compared to a year ago. This was 98.2% of passenger movements for the same period in 2019. Aircraft movements, including landings and take-offs, totalled 89,300 for the quarter, up 9.7% year-on-year, and was 94.5% compared to the second quarter of 2019.

    Changi Airport’s top five markets for the second quarter of 2024 were Indonesia, China, Malaysia, Australia and India. China saw the highest growth among Changi’s top markets, with traffic doubling compared to the same period last year, and surpassing pre-Covid numbers. For the period, North Asia was the fastest growing region, registering a 40.8% increase year-on-year, and also exceeding pre-Covid levels.

    From April to June 2024, Changi Airport registered 486,000 tonnes of airfreight throughput, surpassing the same period last year by 16%. Growth was registered across all cargo flows – exports, imports and transhipments, led by strong cargo flows between Singapore and China, as well as the United States of America. For this period, Changi’s top five air cargo markets were Australia, China, Hong Kong, India and United States of America.

    Mr. Lim Ching Kiat, Changi Airport Group’s Executive Vice President for Air Hub and Cargo Development said, “Changi Airport continues to expand its global network, having added more flights in the second quarter. Travellers can now explore more destinations with Changi’s connectivity to cities such as Broome, Brussels, Quanzhou and Vancouver, and enjoy more options to evergreen favourites like Tokyo and London. Together with our airline partners, we are striving towards full travel recovery by the end of this year.”

    As of 1 July, 94 airlines operate over 6,900 weekly scheduled flights at Changi Airport, connecting Singapore to 158 cities in 50 countries and territories worldwide.

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  • Grab no longer buying Trans-cab, Singapore watchdog says

    Grab no longer buying Trans-cab, Singapore watchdog says

    Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-cab, according to a statement from Singapore’s competition watchdog.

    The Competition and Consumer Commission of Singapore (CCCS) said in the statement on Thursday evening that both Grab and Trans-cab had notified it on July 22 that they would no longer be proceeding with the proposed acquisition.

    “With the termination of the proposed acquisition, the parties have withdrawn their application to CCCS for a decision, and CCCS has accordingly ended its assessment of the proposed acquisition,” CCCS said in the statement.

    Trans-cab did not immediately respond to a request for comment after working hours.

    “(The) ruling does not change our determination to do everything that we can to offer affordable, reliable transport options to passengers in Singapore,” Yee Wee Tang, managing director at Grab Singapore.

    The commission added that it encourages businesses with acquisition plans to engage CCCS at an early stage if they think there are likely to be competition concerns.

    The commission first raised concerns about the taxi deal in October 2023 before asking Grab and Trans-cab for solutions to address competition concerns earlier this month.

    Grab is one of the city-state’s top ride-hailing companies, with the deal for Trans-cab reported to be worth around S$100 million ($74.55 million).

  • Singapore’s ride-hailing platform Tada sets sight on Hong Kong

    Singapore’s ride-hailing platform Tada sets sight on Hong Kong

    Singapore-based ride-hailing company Tada will expand to Hong Kong in November with up to 4,000 vehicles as part of a collaboration with local taxi firms.

    “Singapore and Hong Kong share many similarities, which allows us to bring what we have learnt from our success in Singapore over to Hong Kong,” Tada’s chief executive officer Sean Kim said.

    As Hong Kong does not allow drivers to operate transport services without a taxi or car-hire permit, ride-hailing firms such as Uber have been focusing on partnering with taxi drivers.

    Tada charges a fixed platform fee per ride instead of a flexible commission as other ride-hailing apps.

    This policy appeals to drivers as it allows them to keep more of their earnings and will result in better service, Kim said.

    Tada was established in 2018 and is one of five ride-hailing platforms licensed in Singapore.

    Hong Kong has three services currently operating in the city, including U.S.-based Uber, Beijing-based Didi.

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  • Garuda Indonesia and Singapore Airlines receive regulatory approval for commercial joint venture

    Garuda Indonesia and Singapore Airlines receive regulatory approval for commercial joint venture

    Garuda Indonesia and Singapore Airlines (SIA) received the Competition and Consumer Commission of Singapore’s (CCCS) approval of their commercial joint venture agreement.

    With this approval, the airlines will be able to deepen their strategic partnership on a wider range of commercial activities that will bring greater benefits to both airlines, as well as Indonesia and Singapore. These potentially include operating joint revenue sharing flights between the two countries, coordinating flight schedules to offer travellers more options and seamless connectivity between Singapore and Indonesia and beyond, and exploring joint sales and marketing initiatives that provide greater value to both airlines’ customers.

    Since Garuda Indonesia and Singapore Airlines signed an agreement to deepen their partnership in May 2023, the carriers have been working on initiatives including giving GarudaMiles and KrisFlyer members the option to earn and redeem miles on codeshare routes. They have also embarked on joint marketing initiatives to promote tourism activities.

    The airlines today codeshare on a wide range of flights, including between Singapore and Indonesian cities of Bali, Jakarta, Medan, and Surabaya, as well as on long-haul routes between Singapore and Johannesburg, London (Heathrow), and Mumbai.

    Mr Irfan Setiaputra, President and Chief Executive Officer, Garuda Indonesia, said, “We are very pleased to receive this approval, as it marks significant progress towards our commitment to enhance service quality as well as broaden both Garuda Indonesia and Singapore Airlines’ networks through a deepening partnership.

    The joint venture initiative that we are preparing today has been one of the strategies to ensure extensive value creation for our loyal customers. Having regulatory approval as the first step in a commercial agreement will provide more opportunities for developing well-executed strategic ideas.

    “Moreover, we hope that this joint venture agreement can provide seamless services for passengers with more flight schedule options and ease in earning and redeeming mileage. Also, this collaboration may deliver concrete action to contribute to boosting Indonesian tourism activities, which will support the post-pandemic economic recovery progress,” Mr Irfan explained.

    Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said, “The robust strategic partnership between Garuda Indonesia and Singapore Airlines has enabled us to broaden our codeshare services over the last few years, offering our customers more choices on flights. With the CCCS’s approval, we are poised to deepen our collaboration across a wider scope of commercial activities.

    Along with the ongoing work to strengthen the links between our frequent flyer membership programmes, this will provide our customers with even more options and enhanced value. This partnership underscores both airlines’ commitment to improving connectivity between Indonesia and Singapore and beyond, boosting both business and leisure travel, and contributing to economic growth.”

  • WFS and Singapore Airlines extend cargo handling partnership for launch of new flights to London Gatwick Airport

    WFS and Singapore Airlines extend cargo handling partnership for launch of new flights to London Gatwick Airport

    Worldwide Flight Services (WFS), a member of the SATS Group, has been awarded three-year cargo handling contract extensions with Singapore Airlines in the United Kingdom, France, and Belgium.

    In the UK, in addition to renewing its cargo handling and UK domestic road feeder services with WFS at London Heathrow and Manchester airports, Singapore’s national carrier is also partnering with WFS for cargo handling at London Gatwick Airport for the launch this month of five Airbus A350-900 direct flights a week connecting to Singapore Changi Airport.

    In Paris, the new 3-year contract will extend WFS’ service to Singapore Airlines in France to over 40 years, having commenced in 1986 at Paris Charles de Gaulle Airport. Singapore Airlines is also renewing its commitment to WFS in Brussels, where the two companies have worked together since 2021.

    “We are proud to be growing our relationship with Singapore Airlines and to be supporting the airline’s global reputation for service excellence. As part of SATS Group, WFS is now able to offer an end-to-end cargo handling solution on these routes, which leverages the uniqueness of our partnership and ownership,” commented John Batten, Chief Executive Officer, Europe, Middle East, Africa, and Asia (EMEAA) at WFS.

  • Decathlon opens first-ever airport retail pop-up at Changi

    Decathlon opens first-ever airport retail pop-up at Changi

    Decathlon has launched its first global duty-free pop-up at Singapore’s Changi Airport, featuring a curated range of sports and travel goods.

    The pop-up will be open for customers to visit until September 1, located at the Terminal 3 Departure or transit hall.

    The brand says the launch also presents its new logo, “The Orbit,” symbolising its dedication to circularity and progress toward new heights.

    Exclusive Decathlon x Changi branded products, such as sleek travel bum bags, comfortable hiking backpacks, and lightweight microfiber towels, will be available at the pop-up. Trekking pouches and an Easybreath Surface Mask are also featured.

    The brand has also arranged a series of sports challenges from the June 19 to 26, including a Bike Trainer Challenge, Resistance Band Squat Challenge, and Push-Up Challenge.

    Stephan Veyret, CEO of Decathlon Singapore, said: “Decathlon Singapore will be the first in the world to launch a Decathlon pop-up within an airport transit area at the renowned Changi Airport.

    “This hands-on pop-up reflects our commitment to innovation, providing travellers with a unique opportunity to explore and engage with our range of sporting goods.

    “We aim that our collaboration with the Changi Airport Group will encourage and prepare more people to embrace the joys of sports, even while on the move,” Veyret concluded.

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  • Hermes reopens Lee Gardens store in Causeway Bay

    Hermes reopens Lee Gardens store in Causeway Bay

    Hermes has reopened its expanded store at Lee Gardens in Causeway Bay, Hong Kong.

    The store first opened in 1997 and is one of the luxury brand’s six stores in the metropolis.

    Hermes partnered with Parisian architecture agency RDAI for the expanded store’s design, which draws inspiration from nearby natural landscape.

    The expanded store now features three storeys, with its curves and ridges inspired by Hong Kong’s masonry wall trees and the interior showcasing metallic panels.

    A triptych of horses in motion by Japanese artist Ryu Mitarai is displayed at its three windows, which can be seen from the outside.

    The lower floor flaunts Hermes’ men’s and women’s ready-to-wear items, equestrian goods, home collection, and has two private rooms.

    A wooden cocoon on the first floor presents leather, watches, and jewellery metiers.

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  • Singapore Airlines offers up to $25K compensation to passengers injured in turbulent flight

    Singapore Airlines offers up to $25K compensation to passengers injured in turbulent flight

    Singapore Airlines has offered compensation ranging from US$10,000 to $25,000 to passengers who were injured during the turbulent SQ321 flight.

    On Tuesday, the airline annnounced on its Facebook that who suffered “minor injuries” from the incident were offered $10,000, while passengers “having sustained serious injuries, requiring long-term medical care” were offered $25,000 in advance payment.

    The payment will cater to their immediate needs and constitute a portion of their final compensation.

    “For those who sustained more serious injuries from the incident, we have invited them to discuss a compensation offer to meet each of their specific circumstances,” it added.

    All passengers on board the turbulent flight, regardless of injury status, will also receive a full airfare refund, along with delay compensation in accordance with the relevant European Union or U.K. regulations.

    Additionally, Singapore Airlines has given all passengers S$1,000 (US$740) each for their immediate expenses upon departure from Bangkok, Thailand, where flight SQ321 made an emergency landing.

    It has also been covering injured passengers’ medical expenses and arranged for their family members and loved ones to travel to Bangkok if requested.

    211 passengers and 18 crew members were on board flight SQ321 from London to Singapore on May 21, when the plane dropped 54 metres in altitude in less than five seconds while flying over Myanmar.

    A 73-year-old British tourist, Geoffrey Kitchen, died of a suspected heart attack during the incident while several dozens of other passengers on the flight were later treated for paralysis, spinal and spinal cord injuries, as well as skull and brain trauma.

  • Singapore banks intensify wealthy client checks after $2.2B money laundering case

    Singapore banks intensify wealthy client checks after $2.2B money laundering case

    Citigroup, DBS Group Holdings and other banks involved in Singapore’s historic S$3 billion (US$2.2 billion) money laundering scandal, are increasing scrutiny of their rich customers to prevent involvement with illegal money flows.
    Citi has instructed its wealth bankers to complete training on warning signs of money laundering within a month, people familiar with the matter told Bloomberg News.

    These signs include clients from China’s Fujian and Guangdong provinces who do not speak English but hold “golden” passports from countries like Turkey, Saint Kitts and Nevis, or Vanuatu.

    Significant transfers labeled as “loan repayments” to Citi customers from Hong Kong-based firms with no online presence are another red flag.

    Swiss investment bank UBS Group, which acquired lender Credit Suisse in 2023, is also providing additional staff training.

    Credit Suisse and Citigroup’s local unit held the largest amounts on deposit for the convicted in the scandal.

    Singapore’s largest bank DBS Group, which had about S$100 million in exposure, is tightening its processes for vetting major client transactions.

    Additionally, private bankers across several institutions are undergoing extra training to detect methods used by criminals to conceal their backgrounds and sources of funds.

    Lenders in Singapore are voluntarily enhancing controls to close loopholes that allowed a group of criminals from China to launder more than S$3 billion in proceeds from online gambling through at least 16 financial institutions in the city-state’s largest-ever money laundering case, which came to light in August 2023, The Straits Times reported.

    The Monetary Authority of Singapore (MAS), the country’s central bank, recently completed on-site inspections of some banks that were involved in the case.

    Banks that had extensive dealings with the criminals through deposit accounts, loans, and other financial services are expected to face fines and other punitive measures from the financial regulator once the review concludes.

    MAS will also evaluate whether these institutions have implemented adequate and appropriate safeguards against money laundering and terrorism financing and take action if they have not met the required standards, The Business Times reported.

    The regulator also requested that banks not linked to the case have their know-your-customer (KYC) measures reviewed by external consultants.

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  • Government advisers want gold transactions taxed

    Government advisers want gold transactions taxed

    Advisers to the State Bank of Vietnam (SBV) have proposed taxing gold transactions to prevent speculation and price manipulation.

    “Taxing gold will reduce the demand of some buyers, especially those who buy to speculate and to manipulate price”, said Nguyen Thi Mui, a member of the Financial Policy Advisory Council, at a meeting with the SBV on Sunday.

    She added that taxing gold buyers will urge them to invest in other assets and eventually lower gold prices, which will also ensure fairness with non-gold investors.

    Le Xuan Nghia, former deputy chairman of the National Financial Supervisory Committee, said that taxing is the most efficient measure to prevent smuggling.

    “It is sometimes even more effective than administrative policies in preventing smuggling”.

    Gold has been the most profitable asset this year, with a 22% gain in five months that exceeds that of bank deposits, stocks, and bonds.

    Analysts have said that the lack of safe-haven assets have urged people to buy gold while property recovery is slow and stocks have yet to be popular among the majority of the population.

    Gold prices have been since last week as the central bank began selling gold bars through four state-owned lenders at prices lower than market rates to narrow the gap between domestic and global rates.

    Gold is now at VND76.98 million ($3,028.32) per tael, unchanged since Friday.

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  • Apple accelerates Southeast Asia expansion with Malaysia debut

    Apple accelerates Southeast Asia expansion with Malaysia debut

    Apple will open its first store in Malaysia next month as part of its expansion plans in Southeast Asia.

    Trevor Hill, the mall’s GM, confirmed on LinkedIn that the store will be located at the Exchange TRX shopping centre in Kuala Lumpur and will open its doors to customers on June 22 at 10 a.m.

    This will be Apple’s sixth store in the region, after three in Singapore and two in Thailand.

    According to the New Straits Times, the store will be much bigger than the existing Apple Premium Resellers in the country, such as Machines and Switch. It will also feature activities such as free learning sessions and sections like the Genius Bar, where users can get expert service and support for their products.

    Apple has been accelerating its Asian expansion outside of China, where it has faced rising competition from local players. The company opened its first stores in India last year.

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  • Mondelēz opens regional snacks research lab in Singapore

    Mondelēz opens regional snacks research lab in Singapore

    Mondelēz International has inaugurated its US$5 million regional biscuit and baked snacks lab and innovation kitchen in Singapore that will serve its Australasian, Asia Pacific, Middle East, and Africa businesses.

    Chan Ih-Ming, EVP of the Singapore Economic Development Board, opened the facility. Mondelēz says it reaffirms its commitment to innovation and product development across Southeast Asia, Australia, New Zealand, and Japan.

    The lab and innovation kitchen expands on the capabilities of the food manufacturer’s existing Singapore Technical Centre established in 2006.

    In 2018, the company expanded the centre to focus on gum and candy innovation and product development.

    “This expansion further enhances the capabilities of our Singapore Technical Centre and reaffirms our commitment and contribution to the country, which serves as the headquarters for our Asia Pacific, Middle East and Africa business,” said Deepak Iyer, EVP and president of Mondelēz International AMEA.

    “The establishment of the biscuit and baked snacks lab and innovation kitchen marks a significant step in Mondelēz’s commitment to mindful snacking, including developing products that encourage portion balance and mindful indulgence whilst exploring flavour innovation and different product formats.”

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  • Garuda Indonesia and Singapore Airlines strengthen commercial partnership

    Garuda Indonesia and Singapore Airlines strengthen commercial partnership

    Garuda Indonesia (GA) and Singapore Airlines (SIA) today committed to deepen their commercial partnership, with the aim of offering reciprocal benefits for their frequent flyer programme members, and to explore revenue sharing arrangements for flights between Indonesia and Singapore, subject to regulatory approvals.

    The frequent flyer programme agreement was inked by Garuda Indonesia Chief Executive Officer (CEO) Mr Irfan Setiaputra and SIA CEO Mr Goh Choon Phong in Jakarta today, while the joint venture revenue share agreement was signed by Garuda Indonesia Director of Service and Commercial Mr Ade R. Susardi and SIA Chief Commercial Officer Mr Lee Lik Hsin.

    When launched, the frequent flyer partnership will allow GarudaMiles and KrisFlyer members to earn and redeem miles on codeshare flights operated by both airlines. The revenue sharing agreement, when implemented, will support joint capacity growth, marking a significant step in the plans for a proposed commercial joint venture arrangement that covers Garuda Indonesia and Singapore Airlines flights between Singapore and Indonesia.

    Both carriers are continuing with joint marketing activities to promote tourism. This potentially includes joint activities to promote tourist traffic to Indonesia, including familiarisation trips for travel trade and media.

    Singapore Airlines and Garuda Indonesia have a strong codeshare partnership that has expanded in recent months. Today, Garuda Indonesia codeshares on Singapore Airlines flights between Singapore and the Indonesian cities of Bali, Jakarta, Medan, and Surabaya, as well as long-haul routes between Singapore and Johannesburg, London (Heathrow), and Mumbai. SIA codeshares on Garuda Indonesia flights between Singapore and Bali, Jakarta, and Surabaya.

    Mr Irfan Setiaputra, President and CEO of Garuda Indonesia, said that this partnership is part of Garuda Indonesia’s efforts to improve the Company’s performance through a strategic commercial partnership, especially in providing added value to customers. “Having the same mission in optimising the potential of the aviation business ecosystem in South East Asia after the pandemic, this initiative is certainly an important manifestation of both airlines’ commitment to continue strengthening our well-established cooperation,” Mr Irfan explained.

    He added: “This partnership is a special moment for us, which also marks the 58 years of Garuda Indonesia’s journey in connecting Indonesia and Singapore. In the future, we hope that this partnership will continue to enhance social, cultural, and tourism relations between Indonesia and Singapore whilst offering seamless access for customers to enjoy various destinations served by both airlines.”

    “We hope that the expansion of this partnership will bring added value for Singapore and Indonesia, which are served by both airlines. Furthermore, this collaboration is also expected to not only provide added value for both airlines’ customers, especially through the ease of earning and redeeming miles for tickets and other exclusive benefits, but the hope is that it will strengthen Garuda Indonesia’s support for national tourism by providing more access to points in Indonesia for foreign tourists who will visit Indonesia via Singapore in the future,” Mr Irfan said.

    Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: “Our win-win partnership with Garuda Indonesia will improve the connectivity between Indonesia and Singapore for our customers. This will help to meet the increasing demand for air travel between the two countries and beyond, as well as facilitate the growth of tourism and economic activities. Furthermore, by deepening the synergies between our frequent flyer programmes, we can enhance the benefits for our loyal customers, offering them more opportunities to earn and redeem miles when travelling with both airlines.”

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  • Singapore and The Philippines further liberalise international air services to improve air connectivity between and beyond both countries

    Singapore and The Philippines further liberalise international air services to improve air connectivity between and beyond both countries

    Singapore and the Philippines signed a Memorandum of Understanding (MOU) to upgrade and further liberalise international air services between both countries. The MOU was signed by Mr Yee Ping Yi, Singapore’s Deputy Secretary of the Ministry of Transport and Mr Enrique Antonio J. Esquivel III, the Philippines’ Assistant Secretary for Aviation and Airports on 9 May 2024.

    The MOU upgrades the bilateral Air Services Agreement (ASA), which was signed in 2010 and last amended in 2015. It allows Singapore and Philippine airlines to offer up to 150 weekly codeshare services to carry passengers between Singapore and Manila, with airlines from third countries as codeshare partners. This is a significant increase from the current limit of 35 weekly codeshare services. The new limit of 150 weekly codeshare services will double by end-March 2026, and will be fully lifted by end-March 2027.

    In addition, there will be no limit on codeshare services between Singapore and other points in the Philippines, as well as between Singapore and any points in the Philippines involving airlines from ASEAN or the European Union.

    The upgraded ASA also allows Philippine airlines that are fully owned or controlled by nationals of other countries to access the traffic rights exchanged in the ASA, as long as their principal place of business is in the Philippines. Previously, only airlines that were substantially owned and effectively controlled by Philippine nationals could do so.

    Mr Yee Ping Yi, Deputy Secretary of the Ministry of Transport said: “It is important to provide a favourable regulatory environment so that our carriers can capitalise on new business opportunities. This MOU will facilitate improved air connectivity between and beyond both countries and is a win-win outcome for both countries.”

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  • Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2

    Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2

    Changi Airport Group (CAG) and SGX Mainboard-listed OUE Limited (OUE) announced today that OUE has been awarded the tender by CAG for the lease and development of a new hotel to be located at Changi Airport Terminal 2 (T2). The new hotel, Hotel Indigo Changi Airport, is expected to be completed and fully operational by 2028.

    Mr Lee Seow Hiang, Chief Executive Officer of CAG said, “The hotel concept proposed by OUE was the most compelling and promises to be the first zero-energy hotel in Singapore, and possibly the first for an airport hotel in the world. With travel demand continuing to soar and passenger traffic growing beyond pre-Covid levels, the new hotel will elevate the hospitality offerings at Changi Airport. It will serve our visitors well with its differentiated facilities and convenient access to T2. We congratulate OUE on being awarded the tender and look forward to a close partnership in the coming years to bring the idea for Hotel Indigo Changi Airport to life.”

    Deputy Chief Executive Officer and Executive Director Mr Brian Riady of OUE said, “We are very honoured to be awarded this opportunity to develop a new hotel at Changi Airport, a globally renowned aviation hub that is synonymous with innovation and excellence. We look forward to continuing our long-standing partnership with CAG, and to introducing fresh and innovative hospitality concepts to visitors of Changi Airport.”

    The 255-room, 163-metre-long hotel will feature innovative design elements and modern facilities, including a rooftop day club, bar and infinity pool offering panoramic views of the runway, airport boulevard and skyline. With layers of lush rainforest and hanging epiphytes stretching over seven storeys, its design will be centred around the concept of a “Floating Forest.” The new hotel will complement the existing hotels on Changi Airport’s landside including YOTELAIR at Jewel Changi Airport and the award-winning Crowne Plaza Changi Airport located at Terminal 3, which is also owned and leased by OUE Group.

    With sustainability as a core component, Hotel Indigo Changi Airport aims to achieve operational energy neutrality by incorporating sustainability features such as solar photovoltaic panels, hybrid cooling systems, naturally ventilated corridors and rainwater-harvesting technology aimed at reducing environmental impact while enhancing overall guest comfort and well-being.

    “By combining energy-efficient design with low-energy operations while maximising on-site solar energy generation, Hotel Indigo Changi Airport marks a major milestone for OUE as we continually strive to find more sustainable ways to conduct our business,” said Mr Riady.

    The tourism sector in Singapore has seen a rebound from pandemic levels and is expected to continue to attract visitors as the country remains a key destination for leisure and MICE. In 2023, Singapore visitor arrivals surged 115% to 13.6 million from 6.3 million the year before with tourism receipts estimated to be between S$24.5 billion and S$26.0 billion. The strong tourism recovery is expected to continue, with both international visitor arrivals and tourism receipts to climb further in 2024, according to the Singapore Tourism Board”

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