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Singapore supports tourism with more funding

Singapore supports tourism with more funding

Megha Paul

- February 26, 2020

Singapore Tourism Board and leading trade associations have launched a raft of support measures for the tourism industry to mitigate the economic impact of the Covid-19 outbreak. Earlier in February, a stabilisation and support package gained approval in the national budget 2020 statement that will fund practical measures to help tourism weather the crisis.

The latest initiatives are led by Singapore Tourism Board (STB), SkillsFuture Singapore (SSG) and Workforce Singapore (WSG), together with the Singapore Hotel Association (SHA) and the Food, Drinks and Allied Workers Union (FDAWU). Support measures are rolling out to minimise potential retrenchment, upskill workers and redesign jobs to prepare the sector for when business demand returns.

Businesses will receive support in defraying the costs involved in business transformation and job redesigns, such as the Hotel Job Redesign Initiative and the Lean Enterprise Development Scheme.

Tourism companies will gain support to upgrade the capabilities of their workers through the Training Industry Professionals in Tourism (TIP-iT) fund that will pay 90% of training course fees and trainer fees up from the previous 50% cap.

Applications for assistance can be filed from 1 March to 30 April 2020.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

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…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

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Singapore supports tourism with more funding

Megha Paul

- February 26, 2020

No posts found.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats