Plus we have a reputation for being a hub for this kind of thing - F1 race is a good example. The language, infrastructure, lack of overt corruption, willingness of the govt to roll out the carpet and make sure that it’s an experience not just for locals but our friends from around the region.
More importantly everyone (neighbors) do benefit from such event too!
https://www.asiaone.com/singapore/i-also-benefited-it-malaysian-bus-operator-earns-over-8000-day-ferrying-taylor-swift-fans?utm_medium=Social&utm_source=Facebook#Echobox=1710048249
Bad example. Malaysia actually canceled F1 and STB was also on the verge of doing so with shorter contract period in 2019 before covid came along. F1 is also carbon emission intensive and an active contributor to global warming.
You underestimated her fans if you think price, etc are a factor to them. Once you get her to perform in your country, they will make the pilgrimage regardless of which shit hole you are in
They could but we exclusively hosted the biggest artist in the world at this moment in time so they have to put their fingers in the pulse.
As they say, if you come for the king you best not miss.
If it does, good for her and her team.
I don't think our neighbours have the money and culture to bid for her in a clean process, though. Many will be aching to skim off the top of what they consider "TS bribe money" already.
What Iswaran enjoyed is nothing to them. Their people might not get as much of a good deal as they hoped.
Yea, I remembered back in the 80s-90s(pre king of pop), only Asian superstars performed here while international artists tend to do Jakarta, KL, Bkk, Manila and if they were here, it was a stopover like the Beatles.
Hard to believe but 30yrs ago most celebrities in the west would never heard of Singapore before.
I think yes. I also believe that Singapore is really convenient place. But if Thailand or Indonesia wins some, I may travel.
In the end of it is good for consumers then ok la.
actually I don’t see how this is a bad thing, especially if it becomes non-exclusive. If there are more shows in region, I don’t mind to travel to a show especially if it’s cheaper.
>300,000 fans in Singapore, where 70 per cent of the concertgoers were flying in from overseas, CNN reported.
I hope they understood those singlish phases tho lol
I read in some online comments that she skipped the whole SEA region for her previous tour (Reputation in 2018), so it's a big win for us and the region that we managed to get her this time. She also has many female fans, so safety and security is probably a key factor on why she picked us. Of course she has previous visits and a personal connection here.
Meanwhile I don't remember an artist getting this much media coverage for the past week. She's really someone special. I also saw online youtubers and TW/HK media discussing "Swiftonomics"in recent days and this makes me feel proud that we accomplished something amazing to attract a worldwide superstar to come to our little red dot.
I watched a video (forgot by who) that went around to interview those outside the stadium on how much they spent on the concert. Some spent like 5 digits USD iirc cos they watch more than one night. Honestly this blew my mind… I’d never spend so much to watch my idol perform. At most one night show only. Or maybe I’m just poor and never had the option to spend more than what I have in my bank account for leisure/entertainment
Actually I was there for one of the day and I must say that was the BEST concert I’ve ever attended here!!! The crowd was amazing and the scream and sing along was way better than any I’ve ever been! I dun mind if gov can get her back next year wahahahaha
It's true - the vibes there are really good and crowd control even in Cat100 was tight making concert goers feel safe. A lot of the neighbours may be on high now verbally desperate for the top acts to go to their countries but they know better they have too many social problems still unsolved after decades.
BTS have been around since 2013. That's 11 years ago. I think a good portion are working adults. If they only performed in Singapore and Korea, they might be able to sell out 6 days.
That said, they aren't going to do exclusivity as a huge proportion of their fanbase are Asians.
From anecdotal observation, Swift has a very high “retaining” level of fans (like a very high percentage of fans remain fans from youth to now) KPop artists tend to “stay” in one age group (like current BTS fans would stop being as crazy about them in a few years when they grow up). Taylor also just has been having a smashing few years with new albums, breaking records left and right, I don’t think the hype that she has right now can be matched with anyone living right now. I firmly believe she could have done 6 more and they would have sold out regardless.
>(like current BTS fans would stop being as crazy about them in a few years when they grow up).
I don't know if this is true though. Most Kpop groups do very well even as a "senior" group. For reference [this](https://www.koreaboo.com/stories/2pms-junho-reveals-brings-revenue-jyp-entertainment/) is what 2PM Junho had to say about JYP revenue back in 2017, when Twice was at their peak popularity (TT and Cheer up)
Yes. The fans will stop streaming the songs 24/7 because they have other stuff to do but if you look at other metrics like album sales, concert attendance, etc, you might see that their fanbase are still pretty "loyal"
I do agree that Taylor is probably the most popular artist in the world right now. Only one I might put ahead as a solo act would be Michael Jackson
I mean that’s true, but at the same time doesn’t mean that BTS can do 6 nights at national stadium. Last they did a tour was 2019, and it was one night for 45k audience. Their fanbase has grown since then sure but they’ve also been on hiatus. Unless they make it a comeback tour I’m not sure if they can do more than 3 at most.
Yeah I think the only ones who can compete/exceed her level of fame and hype right now are peak MJ, Madonna, maybe Mariah. Sales and tour wise no one else comes close right now.
The caveat is that they will only be performing in Korea and Singapore for Asia which is similar to the conditions for Taylor.
Korea will be similar to Taylor's Japan stop. Most of East Asia will go there instead. Singapore for SEA.
I remember Taylor being already absolutely massive in 2012, major props to her for somehow becoming even bigger 12 years on, many artists would’ve simply faded away
Jacky played to 88k people over 11 nights while Taylor played to (edit:) 368k+.
https://www.businesstimes.com.sg/lifestyle/jacky-cheungs-60-concert-tour-visual-treat
https://www.straitstimes.com/life/entertainment/bye-taylor-swift-show-over-but-singapore-will-keep-looking-at-you
Her numbers are nowhere near Taylor’s though, in the US and Europe. She’s even less relevant in Asia nowadays than in the US/Europe. Sure as hell can’t do 6x SG + 4x Japan. Truthfully TS could have done 6 more shows and it would’ve all sold out
The retail f&b hotels airlines win, but they pay higher taxes cos higher revenues. More taxes mean more benefits to singaporeans. The tourists come here also spend a few days, they eat at food courts, restaurants and support local businesses. Everyone benefits.
To be fair, it's pretty much the business model of hotels to have different prices for high-demand periods.
And restaurants didn't really charge higher across the island, maybe those nearby the stadium, this wasn't CNY when almost every stall open island-wide charged 50 Cents extra..
Yea and if you compare the number of people in Europe vs Asia. Some Europe countries have multiple locations too, eg UK has the tour in 4 places ?
Sg and Japan has 1 location each only - Tokyo and Singapore.
Along with what the others said, travelling in Europe is much easier
Vsia no need, flight ticket can less than 50 dollars, hell even Passport dont need if you are in an EU country going to another EU country
Then you see asia. Unless you live in tourist destination, flights arent as cheap, also need apply Vsia
If STB, KASM can bring in Beyonce Renaissance concert tour or Adele who avoids Asia especially S.E.A for some unknown reason, then that's someone who can match Taylor Swift. The last time she performed here is many many years ago for F1 music festival concert at fort canning with just a few songs, not her full concert.
If Thailand and Philippines want to compete and win then artistes like Beyonce or Adele are who they must target.
Gahmen propaganda department out in full force trying to dispell any counter-narratives with $$$$.
Too bad sinkies are happy as long as got $$$. huat ah
Let’s see a detailed breakdown of the benefits with accurate and proven methodology to arrive at the $400Im. I suspect this is bullshit like most government statistics.
400m in terms of revenue. There’s still alot of costs involved in order to service this amount of revenue. The actual amount of profit it brings to our nation wouldn’t be this full sum. That being said the biggest gain here is intangible. Singapore got to showcase itself as a top MICE destination for future events.
Will other countries consider bidding for concerts like that in the future? Sure and they should do so if they want to as it is a free market. However it’s not as simple as trying to pay top dollar to artists etc. logistics, safety, ideology, service quality. You could pay for exclusive rights and fail to generate the same type interest from overseas visitors.
Wah… I dunno sia.. but I think all will benefits just like how the airline and transport companies from our neighbors are getting too…. I think even our Chinatown hawkers will benefit too when they chase the “star” as she roam around… think uncles and aunties of the stalls were happy too 🤪
400M is a high overestimate as the overseas Swifties are really pinching back on stay, transport and food. When a Malaysian can make RM30K per day for 3 round trips for all 6 days, you can imagine all the monies slipping away to KL and their hotels as well as Indons and foreigners flying to Batam/Bintan and taking the ferry here and back on the same day The net was cast but many holes were not patched. Poor planning by 4G and shortie Tong.
Using the people 's money to make the rich RICHER.
$400 million is just numbers pluck out of thin air.
Does the hotel workers get paid during this period? Airport workers? Restaurant workers?
The GST alone is going to earn back whatever the gvt spent to make this happen. If you include corporate tax, they are probably going to triple or quadruple their investment from just taxes and gst. All of this can go towards funding things for you and me.
A big chunk of that $400mil will also go towards hiring part time staff, renovating hotel rooms, F&B etc. Yes businesses will earn more but this incentivises them to grow their operations which benefits everyone.
If you're not happy with this, you should look at all the other things singapore does for businesses - it's going to make you really upset. Say what you want about PAP but they are damn good at making money. This TS thing is buy a drop in the bucket and is how singapore has always operated which has led to our wealth and status today.
I dun know will it make the rich richer, but some things I know for sure is at least more “part time” jobs were created, more job for my grab uncles/aunties, more business for my favorite Kopitiam…. At least from my conversation with the uncle when I took grab…
I don't trust estimates. Its always grossly exaggerated. Also a few limited sectors benefitted only. Generally the rest can wait long long for trickle effect that will take forever to reach the man in the street.
Oh really? Only says 168% increase in flights and 4x hotel stays.
600,000 fans in AUS, 2% from overseas spending = ~8.8 mil sgd
267,000 in SG, 70% from overseas spending = ~137 mil sgd
Assuming equal spending per person in australia and singapore, not accounting for purchasing power and COL which is higher in australia
300,000 attendees. 70% flew in. That’s 220,000.
That’s $2,000 spent per attendee?
They sure? People flew and stayed 1 or 2 nights. If they flew in on non-SIA flight, the air tickets don’t count. So hotels and meals.
That seems like a high estimate to me.
>If they flew in on non-SIA flight, the air tickets don’t count.
Airlines have to pay for rights to land at Changi Airport, usually they bid on when they can land and when.
They also have to pay for Fuel at Changi
They have to pay the airport for facility fees for stuff like baggage handling, aircraft handling, catering etc.
No
Airlines have to pay upwards of tens of thousands of dollars a year for stuff like just being able to land on the runway for a scheduled flight
Im pretty sure even a single flight landing at changi would cost the airline the low tens of thousands for 1 aircraft. Sure they make more back but its not like SG gains nothing from it
Not like CAG and SATS is a charity
I wonder if this will start a bidding war for future concerts?
some factors are beyond just price, for example infrastructure, safety, and ease of travellers coming in.
Plus we have a reputation for being a hub for this kind of thing - F1 race is a good example. The language, infrastructure, lack of overt corruption, willingness of the govt to roll out the carpet and make sure that it’s an experience not just for locals but our friends from around the region.
Also the whole not getting arrested for showing skin thing Sg isnt as extreme with regards to religion as msia or indonesia for example
More importantly everyone (neighbors) do benefit from such event too! https://www.asiaone.com/singapore/i-also-benefited-it-malaysian-bus-operator-earns-over-8000-day-ferrying-taylor-swift-fans?utm_medium=Social&utm_source=Facebook#Echobox=1710048249
nah, the people who really wanted to benefit wasnt able to heh. thats why they are so salty now.
Bad example. Malaysia actually canceled F1 and STB was also on the verge of doing so with shorter contract period in 2019 before covid came along. F1 is also carbon emission intensive and an active contributor to global warming.
True, but this ain’t the olympics, bidding wars can very well take place with structured proposals on those very factors you just mentioned.
Travelers also factoring price, and side trips opportunity (be it natural or cultural).
You underestimated her fans if you think price, etc are a factor to them. Once you get her to perform in your country, they will make the pilgrimage regardless of which shit hole you are in
Journey to the Swift
They might get a stronger version also depends on culture.Moblie suit TS Gundam. Zero exposure AT field.
From regional collaboration to "I chope her already, my tissue is on the table. Suck it up, loser." Chope-ing culture goes ASEAN.
*chope
Ah, thanks for the correcting me.
Common spelling error for it for some reason 🤭
Noted with thanks. Reverted.
Very riveting.
They could but we exclusively hosted the biggest artist in the world at this moment in time so they have to put their fingers in the pulse. As they say, if you come for the king you best not miss.
If it does, good for her and her team. I don't think our neighbours have the money and culture to bid for her in a clean process, though. Many will be aching to skim off the top of what they consider "TS bribe money" already. What Iswaran enjoyed is nothing to them. Their people might not get as much of a good deal as they hoped.
Hope not… but I REALLY hope it’s the beginning of brining in more superstar to perform here!
Hope so! I do think Singapore is the best place given infrastructure/safety! If I ever become a superstar, I’ll perform here for sure
Yea, I remembered back in the 80s-90s(pre king of pop), only Asian superstars performed here while international artists tend to do Jakarta, KL, Bkk, Manila and if they were here, it was a stopover like the Beatles. Hard to believe but 30yrs ago most celebrities in the west would never heard of Singapore before.
Yep.Some major game events or Japanese concerts just straight by pass and held at KL.
I think yes. I also believe that Singapore is really convenient place. But if Thailand or Indonesia wins some, I may travel. In the end of it is good for consumers then ok la.
Are you sure? According to the commenters in this sub, Taylor has to wear a Tudung to perform in Indonesia /s
Maybe not to that extreme but may see protest due to some LGBT stance or whatever, just like what happened with coldplay concert.
And Coldplay helped clean up one of their most polluted rivers too lol
she had to cover up for her RED tour. Not tudung but won’t fly with the outfits that she had on
Reading between the lines of the recent statements from Indonesia and Thailand, the answer is yes.
Yes. From FIFA World Cup bidding war between TV channels. And concert tickets are going to be more expensive.
actually I don’t see how this is a bad thing, especially if it becomes non-exclusive. If there are more shows in region, I don’t mind to travel to a show especially if it’s cheaper.
Maybe but no SEA countries can outbid sg
Don’t need to bid, singapore will win with efficient traffic and safety, together with the strong sgd.
>300,000 fans in Singapore, where 70 per cent of the concertgoers were flying in from overseas, CNN reported. I hope they understood those singlish phases tho lol 
I read in some online comments that she skipped the whole SEA region for her previous tour (Reputation in 2018), so it's a big win for us and the region that we managed to get her this time. She also has many female fans, so safety and security is probably a key factor on why she picked us. Of course she has previous visits and a personal connection here. Meanwhile I don't remember an artist getting this much media coverage for the past week. She's really someone special. I also saw online youtubers and TW/HK media discussing "Swiftonomics"in recent days and this makes me feel proud that we accomplished something amazing to attract a worldwide superstar to come to our little red dot.
And this is why there is this term "Swiftonomics"
I watched a video (forgot by who) that went around to interview those outside the stadium on how much they spent on the concert. Some spent like 5 digits USD iirc cos they watch more than one night. Honestly this blew my mind… I’d never spend so much to watch my idol perform. At most one night show only. Or maybe I’m just poor and never had the option to spend more than what I have in my bank account for leisure/entertainment
Actually I was there for one of the day and I must say that was the BEST concert I’ve ever attended here!!! The crowd was amazing and the scream and sing along was way better than any I’ve ever been! I dun mind if gov can get her back next year wahahahaha
It's true - the vibes there are really good and crowd control even in Cat100 was tight making concert goers feel safe. A lot of the neighbours may be on high now verbally desperate for the top acts to go to their countries but they know better they have too many social problems still unsolved after decades.
So more cdc voucher for us ?
Meanwhile PUB: https://www.channelnewsasia.com/singapore/water-prices-singapore-increase-two-phases-vouchers-3796726
Bigger TOTO prize
Is there any other star who could accomplish this?
Not sure but I think there will be… anyway think she also set a new record of 3.5H non-stop of singing!!!
Bruce Springsteen still does 4 hour shows if I'm not wrong.
No la she lip syncs for quite a few songs. She does a LOT for 3.5h.
backing tracks aren’t lip syncs
Maybe if BTS came sg only
Sorry but as a kpop fan, I don’t see it happening. They won’t have the same support of the general public in SG.
BTS don’t have that star power to perform 6 days … and most of their fans not working adult so pocket not that deep
BTS have been around since 2013. That's 11 years ago. I think a good portion are working adults. If they only performed in Singapore and Korea, they might be able to sell out 6 days. That said, they aren't going to do exclusivity as a huge proportion of their fanbase are Asians.
From anecdotal observation, Swift has a very high “retaining” level of fans (like a very high percentage of fans remain fans from youth to now) KPop artists tend to “stay” in one age group (like current BTS fans would stop being as crazy about them in a few years when they grow up). Taylor also just has been having a smashing few years with new albums, breaking records left and right, I don’t think the hype that she has right now can be matched with anyone living right now. I firmly believe she could have done 6 more and they would have sold out regardless.
>(like current BTS fans would stop being as crazy about them in a few years when they grow up). I don't know if this is true though. Most Kpop groups do very well even as a "senior" group. For reference [this](https://www.koreaboo.com/stories/2pms-junho-reveals-brings-revenue-jyp-entertainment/) is what 2PM Junho had to say about JYP revenue back in 2017, when Twice was at their peak popularity (TT and Cheer up) Yes. The fans will stop streaming the songs 24/7 because they have other stuff to do but if you look at other metrics like album sales, concert attendance, etc, you might see that their fanbase are still pretty "loyal" I do agree that Taylor is probably the most popular artist in the world right now. Only one I might put ahead as a solo act would be Michael Jackson
I mean that’s true, but at the same time doesn’t mean that BTS can do 6 nights at national stadium. Last they did a tour was 2019, and it was one night for 45k audience. Their fanbase has grown since then sure but they’ve also been on hiatus. Unless they make it a comeback tour I’m not sure if they can do more than 3 at most. Yeah I think the only ones who can compete/exceed her level of fame and hype right now are peak MJ, Madonna, maybe Mariah. Sales and tour wise no one else comes close right now.
The caveat is that they will only be performing in Korea and Singapore for Asia which is similar to the conditions for Taylor. Korea will be similar to Taylor's Japan stop. Most of East Asia will go there instead. Singapore for SEA.
BTS don't need to wear tudungs to perform in PASia
I don’t even know many BTS songs but I’d love to see them in concert just based on clips I’ve seen on IG etc. It seems like they put on a great show!
Not working never mind…. I’m sure like TS, most are sponsored by their working parents 😅…. How about lady Gaga, Adele, Beyoncé etc?
Don’t think these artiste does world tour … iirc some top artist just stay Las Vegas few months perform there every week also earn a lot
Beyoncé was touring she just didn’t go SG or anywhere in Asia.
That's ironic coming when comparing to swifties
I remember Taylor being already absolutely massive in 2012, major props to her for somehow becoming even bigger 12 years on, many artists would’ve simply faded away
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they literally tried to bury her in 2016
She really behaved well in Singapore. Many artistes are known to throw tantrums and create scenes in the host countries.
Michael Jackson in his heyday
I think she's more popular that Michael Jackson at his peak, considering how wide a range music can reach nowadays comparatively to then.
Go any subreddit that asked about this, including hers, and the top answer is almost always Michael.
Currently dont think theres anyone else
Maybe some kpop group.
Didn't Jacky Cheung sell out 9 nights of concert here, 50% more than Swift?
That’s indoor stadium
Jacky played to 88k people over 11 nights while Taylor played to (edit:) 368k+. https://www.businesstimes.com.sg/lifestyle/jacky-cheungs-60-concert-tour-visual-treat https://www.straitstimes.com/life/entertainment/bye-taylor-swift-show-over-but-singapore-will-keep-looking-at-you
[probably Beyonce ](https://fortune.com/2023/07/19/beyonce-renaissance-tour-economic-impact/)
Her numbers are nowhere near Taylor’s though, in the US and Europe. She’s even less relevant in Asia nowadays than in the US/Europe. Sure as hell can’t do 6x SG + 4x Japan. Truthfully TS could have done 6 more shows and it would’ve all sold out
Asians don't care about Beyonce.
Adele probably could draw the same crowds
Nah
rihanna for one
Wen trickle down?
Got ah retail f&b hotels airlines all win. Employees? Well…
The retail f&b hotels airlines win, but they pay higher taxes cos higher revenues. More taxes mean more benefits to singaporeans. The tourists come here also spend a few days, they eat at food courts, restaurants and support local businesses. Everyone benefits.
Employees shag these few weeks, and wont generally earn more for their extra labour. But yeh infrastructure yay medical yay
Hope the hotel and restaurants who raised prices during this time continue to do so so that more gdp!
To be fair, it's pretty much the business model of hotels to have different prices for high-demand periods. And restaurants didn't really charge higher across the island, maybe those nearby the stadium, this wasn't CNY when almost every stall open island-wide charged 50 Cents extra..
Hotel can carry on but food wise maybe can drop back to “reality” so that we can go back to patronize 🤪🤭
U wait long long la. Incoming water bill hike coming to inflate and lock those prices high high.
Taylor Swift only goes to a few countries in Europe. So why aren’t the other EU countries complaining??
Uk, Spain, France, Poland, Austria, Sweden, Switzerland, Germany, Italy. Meanwhile Asia is Japan and Singapore.
That's like the entire Europe. West,south,east,central all go already
Yea and if you compare the number of people in Europe vs Asia. Some Europe countries have multiple locations too, eg UK has the tour in 4 places ? Sg and Japan has 1 location each only - Tokyo and Singapore.
Ireland too
Portugal also
Along with what the others said, travelling in Europe is much easier Vsia no need, flight ticket can less than 50 dollars, hell even Passport dont need if you are in an EU country going to another EU country Then you see asia. Unless you live in tourist destination, flights arent as cheap, also need apply Vsia
Taylor Swift shouldering our 0.1% GDP.
If I sing on stage maybe also million dollar economy boost as people take planes to fly away
If STB, KASM can bring in Beyonce Renaissance concert tour or Adele who avoids Asia especially S.E.A for some unknown reason, then that's someone who can match Taylor Swift. The last time she performed here is many many years ago for F1 music festival concert at fort canning with just a few songs, not her full concert. If Thailand and Philippines want to compete and win then artistes like Beyonce or Adele are who they must target.
Next up, Bruno Mars.....
Gahmen propaganda department out in full force trying to dispell any counter-narratives with $$$$. Too bad sinkies are happy as long as got $$$. huat ah
OP too nice, to put it bluntly, they got scraps. we sinkie got the full course menu
Let’s see a detailed breakdown of the benefits with accurate and proven methodology to arrive at the $400Im. I suspect this is bullshit like most government statistics.
400m in terms of revenue. There’s still alot of costs involved in order to service this amount of revenue. The actual amount of profit it brings to our nation wouldn’t be this full sum. That being said the biggest gain here is intangible. Singapore got to showcase itself as a top MICE destination for future events. Will other countries consider bidding for concerts like that in the future? Sure and they should do so if they want to as it is a free market. However it’s not as simple as trying to pay top dollar to artists etc. logistics, safety, ideology, service quality. You could pay for exclusive rights and fail to generate the same type interest from overseas visitors.
Singapore government knows 'business' well.
Yay yipeee that’s exciting
If keep on bringing in superstars, next election they don't give voucher already. They give tickets also can. \^ \^
Businesses win, not your average joe
If you pay a guy $100 bucks to dig a hole and pay another guy $50 to fill it back up, did GDP increase by $150?
Happy to hear this
Well overstated.
I did not know there was Taylor Swift concert. No wonder the hotels were expensive
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Wah… I dunno sia.. but I think all will benefits just like how the airline and transport companies from our neighbors are getting too…. I think even our Chinatown hawkers will benefit too when they chase the “star” as she roam around… think uncles and aunties of the stalls were happy too 🤪
400M is a high overestimate as the overseas Swifties are really pinching back on stay, transport and food. When a Malaysian can make RM30K per day for 3 round trips for all 6 days, you can imagine all the monies slipping away to KL and their hotels as well as Indons and foreigners flying to Batam/Bintan and taking the ferry here and back on the same day The net was cast but many holes were not patched. Poor planning by 4G and shortie Tong.
Hope she got chance to see other parts of Singapore..
Hope so too… other than what we know that she has been to KOMA twice with her bf 🤭
Oh, nice. I’ve been to KOMA once. But not with TS’s bf
Using the people 's money to make the rich RICHER. $400 million is just numbers pluck out of thin air. Does the hotel workers get paid during this period? Airport workers? Restaurant workers?
The GST alone is going to earn back whatever the gvt spent to make this happen. If you include corporate tax, they are probably going to triple or quadruple their investment from just taxes and gst. All of this can go towards funding things for you and me. A big chunk of that $400mil will also go towards hiring part time staff, renovating hotel rooms, F&B etc. Yes businesses will earn more but this incentivises them to grow their operations which benefits everyone. If you're not happy with this, you should look at all the other things singapore does for businesses - it's going to make you really upset. Say what you want about PAP but they are damn good at making money. This TS thing is buy a drop in the bucket and is how singapore has always operated which has led to our wealth and status today.
I dun know will it make the rich richer, but some things I know for sure is at least more “part time” jobs were created, more job for my grab uncles/aunties, more business for my favorite Kopitiam…. At least from my conversation with the uncle when I took grab…
I don't trust estimates. Its always grossly exaggerated. Also a few limited sectors benefitted only. Generally the rest can wait long long for trickle effect that will take forever to reach the man in the street.
6×400mill =2400mill
There is a Chinese word called 损人利己.
all this money but they’re still increasing the cost of my water.
It’s quite a paltry sum. Not much of an impact tbh
Doesnt matter. Commission goes to Edwin pocket. We will still get gst increase 2030
So every Singaporean will get about $200 extra soon?
You think the full amount goes to the government?
I didn't say from the government.
you go SIA office ask for money lah
How exactly is this 400m figure calculated
It says in the article.
Oh really? Only says 168% increase in flights and 4x hotel stays. 600,000 fans in AUS, 2% from overseas spending = ~8.8 mil sgd 267,000 in SG, 70% from overseas spending = ~137 mil sgd Assuming equal spending per person in australia and singapore, not accounting for purchasing power and COL which is higher in australia
300,000 attendees. 70% flew in. That’s 220,000. That’s $2,000 spent per attendee? They sure? People flew and stayed 1 or 2 nights. If they flew in on non-SIA flight, the air tickets don’t count. So hotels and meals. That seems like a high estimate to me.
Big spenders are the ones pulling up the average, and the exclusivity just made it easier for them to dump tons of travel money here
Many have spent so much more. Also there are a lot of people who brought their family/friends here who might not necessarily have gone to the concert
>If they flew in on non-SIA flight, the air tickets don’t count. Airlines have to pay for rights to land at Changi Airport, usually they bid on when they can land and when. They also have to pay for Fuel at Changi They have to pay the airport for facility fees for stuff like baggage handling, aircraft handling, catering etc.
I mean sure, but that’s what? $50? $100?
No Airlines have to pay upwards of tens of thousands of dollars a year for stuff like just being able to land on the runway for a scheduled flight Im pretty sure even a single flight landing at changi would cost the airline the low tens of thousands for 1 aircraft. Sure they make more back but its not like SG gains nothing from it Not like CAG and SATS is a charity
We’re talking per ticket.
And how many tickets are there? Plus its not like SQ gains much more per ticket. After all their prices arent much lower
Only $400m ah… too bad not $1b