viernes, 11 de abril de 2025

China hits back at Trump tariff hike, turmoil rings recession alarm | S’pore targets $50b in tourism receipts by 2040

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FRIDAY, APR 11 2025

Nikki Diane De Guzman
Assistant Newsletter Editor

Good evening,

Tourism spending in Singapore is projected to reach between $47 billion and $50 billion by 2040 – around 1.7 times more than 2024's figures, Minister-in-charge of Trade Relations Grace Fu said today. The country recorded an all-time high of $29.8 billion in tourism receipts last year, while international visitor arrivals hit 16.5 million.

In other news, the family of 10-year-old Freya Ji Yinan gathered in Tampines today to bid her farewell. Freya, an Australian, died in hospital after a fire broke out in a shophouse in River Valley Road on April 8.

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China raises duties on US goods to 125%, hitting back at Trump tariff hike

Beijing also said if the US continues to impose additional tariffs, China will ignore it.

Trump tariff pause: We may be in the early stages of a World Minus One

The start-stop approach to tariffs will accelerate diversification of trade away from the US.

S'pore targets $50b in tourism receipts by 2040; eyes Mice sector as key growth driver

Mice travellers tend to spend twice as much as leisure travellers.

River Valley fire: Family of 10-year-old girl who died gather for last goodbye

The fire broke out on April 8 at a shophouse where education and enrichment classes for children are conducted.

Faishal Ibrahim to move from Nee Soon to Marine Parade-Braddell Heights GRC for GE2025

Ms Goh Hanyan and Dr Syed Harun Alhabsyi are potential candidates who could replace Prof Faishal.

GE2025: SM Teo leads walkabout on Pulau Ubin with MPs and newcomer Valerie Lee

Pulau Ubin will be subsumed under the new boundaries for Pasir Ris-Changi GRC at the next general election.

Subsales market boomed in 2024, sellers made average profit of $270,000: OrangeTee

Still, analysts noted that subsales in 2024 remained far below the 2007 record of 4,863.

Megan Khung deserved better. It takes all of us to keep other children like her safe

It takes a village to keep a child safe from his or her abusive parents, says the writer.

British woman in Netflix's Con Mum show remanded for another week in S'pore

The police need time to investigate additional charges, said prosecutors.

Arsenal, Newcastle and AC Milan to play in Singapore Festival of Football in July

Promoters TEG Sport and STB ink a 5-year deal that will see top European clubs play here in 2025, 2027 and 2029.

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