$Genting Sing (G13.SG)$$CDL HTrust (J85.SG)$$StarhillGbl Rei...
Tour agencies are expecting a spike in demand from travellers from China, following the announcement of a 30-day mutual visa exemption agreement with Singapore, which will help the latter compete with its Southeast Asian neighbours.
This agreement was unveiled by both countries at the 19th Joint Council for Bilateral Cooperation (JCBC) meeting on Dec 7. Speaking at the event, Deputy Prime Minister Lawrence Wong said this would provide "greater convenience" and that Singapore hopes to even go beyond pre-pandemic levels in terms of direct flight connectivity.
Singapore and China are working out the operational details, aiming to implement the scheme in early 2024.
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Deep Sea OP : This news is a boost to tourism, casino, shopping malls and hotels.
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