tourism development fund singapore

STB unveils a new four-year Tourism Development Fund (TDF), designed to catalyse the creation of innovative and quality tourism products and experiences, and capability and employee upgrading efforts among tourism-related enterprises. ... and supporting the development and enhancement of Singapore's tourism experiences that are virtual or ...

The Tourism Development Fund has contributed to offerings like Trifecta - the world's first snow, surf and skate attraction in the heart of Orchard Road - in October 2023 and the year-round ...

SINGAPORE — In a bid to boost Singapore's lifestyle offerings and draw more tourists here, the Government will be adding more than S$300 million to the Tourism Development Fund, said Minister of ...

In 2021, the Tourism Development Fund - first set up in 2005 to grow tourism receipts, visitor arrivals and jobs - also got a S$68.5 million top-up to provide targeted support for the battered ...

Singapore Hotel Sustainability Roadmap. by STB and SHA (Singapore Hotel Association) The roadmap sets out sustainability targets for the hotel industry and lays out four strategies and related initiatives to help hotels achieve these targets. Singapore Tourism Board (STB) Hospitality Industry Development. [email protected].

The Government will pump $68.5 million into the Tourism Development Fund, which businesses can tap if they want to explore new areas including sustainability. ... Singapore Tourism Board chief ...

Singapore's Tourism Development Fund will get a S$300 million boost that will go into a range of initiatives aimed at reinforcing the city-state's global business-hub status. The industry can expect to see a rejuvenation of existing tourism offerings, training support for tourism workers, and intellectual development of local tourism ...

Singapore's Minister of Trade and Industry, Mr. Chan Chun Sing, announced that the government will inject over SGD 300 million into the Tourism Development Fund (TDF) to support the development of the local tourism industry. The injected funds will be used to develop and promote new products and experiences, revitalizing existing tourism products, enhancing skills...

Singapore Budget 2024. SINGAPORE is adding more than S$300 million to a government fund for tourism development, to facilitate the country's post-pandemic tourism recovery, said Minister of State for Trade and Industry Alvin Tan at his ministry's Committee of Supply debate on Friday (Mar 1). This will go towards developing and marketing new ...

Singapore's tourism industry will receive further training and business development funding, as well as digital transformation support from the government, as it continues on its road to recovery. The Tourism Development Fund (TDF) will get a S$68.5 million (US$51.1 million) injection and extended support levels for the Business Improvement ...

06 Apr 2022 09:48AM (Updated: 06 Apr 2022 10:48PM) SINGAPORE: The tourism sector will receive a fresh injection of close to half a billion dollars to support its recovery from the COVID-19 ...

Singapore is set to provide an additional amount of $65.8m to the country's Tourism Development Fund (TDF), while also extending enhanced support levels until the end of March 2022. This will help to support the sector's recovery amidst near-term headwinds, Trade and Industry Minister Chan Chun Sing said at the recent Tourism Industry ...

SINGAPORE — The Government's efforts to reverse the tourism slump — which included a S$20 million Golden Jubilee marketing campaign last year — appear to be bearing fruit, with visitor ...

The Singapore Tourism Board (STB) will top up the Tourism Development Fund by S$68.5 million and extend enhanced support levels until end-March 2022.

The Singapore Tourism Accelerator programme, launched in 2019, helps test solutions and to date, it has supported 21 startups to develop 35 industry solutions. It will extend the Accelerator to September 2023. Under "Build", STB has developed a suite of smart services such as Tourism Information and Services Hub (TIH) and Stan.

Tourism Capability Development Scheme to support productivity and talent development in the tourism sector Mr Tan said the fund has helped more than 100 local tourism businesses become "more productive and sustainable" and introduced several attractions and lifestyle events in Singapore, such as a new Disney Cruise Line ship.

The Singapore Tourism Accelerator is a highly-selective, equity-free programme for the world's most promising technology startups or scaleups that can power the travel and tourism industry. This programme is organised by the Singapore Tourism Board (STB) as part of their Tcube initiative and is designed by its appointed corporate innovation ...

The Tourism Development Fund has contributed to offerings like Trifecta - the world's first snow, surf and skate attraction in the heart of Orchard Road - in October 2023 and the year-round exclusive home-porting of Disney Cruise Line's latest cruise ship, Disney Adventure, in Singapore, starting from 2025.

The establishment of the Singapore Tourism Board (STB) in 1964 marked a pivotal moment in the development of Singapore's tourism sector, laying the groundwork for strategic initiatives aimed at promoting the country as a premier destination for leisure and business travelers alike. ... Key Objectives of the Tourism Development Fund The ...

Tourism receipts estimated to reach $24.5-26.0 billion, visitor arrivals reached 13.6 million, in line with international tourism recovery. Singapore, 1 February 2024 - Singapore's tourism sector recovered strongly and demonstrated resilience with a solid performance for 2023.International visitor arrivals (IVA) reached 13.6 million in 2023 (~71 per cent of 2019 IVA), meeting STB's ...

SINGAPORE will raise the pot for its Tourism Development Fund (TDF) to support the sector amid near-term headwinds. The latest S$68.5 million top-up comes on continued "targeted support" for "quality tourism enterprises", Minister for Trade and Industry Chan Chun Sing told the Singapore Tourism Board's (STB) Tourism Industry Conference on Wednesday.

Tourism Event Development Scheme > Kickstart Fund (KF) The Kickstart Fund supports the creation and test-bedding of innovative consumer-focused concepts and events with strong tourism potential and scalability. This is with the aim of adding to the existing quality tourism software and enhancing the vibrancy of Singapore as a tourist destination.

More About the Grant. Grants Overview Business Improvement Fund (BIF) Local Enterprise and Association Development Programme (LEAD) Training Industry Professionals in Tourism (TIP-iT) Business Events in Singapore (BEiS) Leisure Events Fund (LEF) Cruise Development Fund (CDF) Experience Step-Up Fund (ESF) Kickstart Fund (KF)

Meanwhile, the fund collection scheme is carried out using a grant mechanism. The mechanism for distributing funds from the Singapore Tourism Fund is through the Experience Step-up Fund (ESF), Kickstart Fund (KF) and Local Enterprise and Association Development Program (LEAD). The Experience Step-up Fund (ESF) is an effective tool.

By Karen Yue. Recognising that human capital is a crucial component of a successful tourism industry, Singapore has intensified its investments in capability development, with a compressed training and certification course for tourist guides to launch soon, a new leadership development programme to come later this year, and the creation of a ...

SINGAPORE'S tourism receipts in 2023 exceeded forecasts and were "almost equal" to those of pre-Covid levels, Minister for Sustainability and the Environment Grace Fu said on Friday (May 10). Tourism receipts were S$27.2 billion last year, just short of 2019's S$27.7 billion, but higher than ...