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Hospitality & Tourism

Hospitality & Tourism

Tourism Development Fund

STB has unveiled a new five-year Tourism Development Fund, designed to catalyse the creation of innovative and quality tourism products and experiences, and capability and talent enhancement efforts among tourism-related enterprises.

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This scheme supports third-party cost of professional cleaning services incurred by tourism-related establishments impacted by COVID-19.

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COVID-19 (Temporary Measures) Act

The Act aims to provide temporary and targeted protection for businesses and individuals who are unable to fulfil certain contractual obligations because of COVID-19. It seeks to provide temporary cash-flow relief for these businesses and individuals, who may otherwise have to pay damages or risk having their deposits or assets forfeited.

Click here for more information.