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Visitor arrivals to Singapore climb to record high

Visitor arrivals to Singapore climb to record high© Reuters. FILE PHOTO – Tourists pose for photos with the Marina Bay Sands and the Merlion statue at a popular tourist spot along Marina Bay in Singapore

SINGAPORE (Reuters) – International visitor arrivals to Singapore increased 6.2 percent in 2018 to touch a record of 18.5 million, helped by a higher number of travelers from China, its largest market, India and Malaysia.

Tourism receipts rose 1 percent to S$27.1 billion ($20 billion) in 2018, the Singapore Tourism Board (STB) said on Wednesday, based on preliminary estimates.

The board forecast 2019 visitor arrivals of 18.7 million to 19.2 million, a rise of 1-4 percent. It expects tourism receipts to increase between 1 and 3 percent to S$27.3 billion to S$27.9 billion this year.

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Source: Investing.com

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