EVEN though total arrivals in Singapore increased 0.9 per cent to 15.2 million in 2015, tourist receipts declined 6.8 per cent to S$22 billion (US$15.6 billion), resulting in a “mixed tourism sector performance” last year, according to a statement by the Singapore Tourism Board (STB).
The infrastructure in this country will blow your mind the first few times you pause to consider exactly what’s happening here. There is no doubt as to why Singapore is one of the world’s largest economies despite being one of its smallest nations.
As Indonesia and Singapore celebrate the fiftieth anniversary of formal diplomatic ties, the partnership is now one of vital importance to both countries. To further improve bilateral trade and economic productivity, Indonesian President Joko Widodo and Singaporean Prime Minister Lee Hsien Loong held a leaders’ retreat in November in the Indonesian port city of Semarang.