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STB to focus on business tourism as part of strategy to recapture tourism demand
"The rumours about the decline or demise of business travel have proven to be greatly exaggerated," said STB CEO Keith Tan. "In the US and Europe, our MICE stakeholders tell us that there is tremendous demand for face-to-face business meetings and many of them have resumed."
Accordingly, some S$500 million has been set aside to support the sector in the coming years.