Economics
Singapore’s Staycations Can’t Fill $20 Billion Tourism Gap
- Unlike bigger countries, the city lacks large domestic market
- Government has set aside $65 million to cushion tourism blow
Follow Bloomberg on LINE messenger for all the business news and analysis you need.
In Indonesia, locals can soon fly from Jakarta to the beaches of Bali for a domestic vacation. Tokyo residents can escape the pandemic stress with a hike in the mountains, and New Yorkers can head to the Hamptons on Long Island.