Increased Funding For New Tourism Projects in Singapore

The Singapore Tourism Board (STB) is now considering how to
distribute its S$905 million (US$716 million) industry development funding
over the next five years.





The large budget forms the second tranche of the Tourism Development
Fund, which was established in 2005 with S$2 billion to support targets set for
2015.



Two-thirds of the fund injection, or S$640 million, will be used to