New Spin: F1 to Bring in $100M Spending! Tryingt to Bluff Who?

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>How much biz is lost by the poor tenants from the road closure?

Leaner times for S'pore tourism
</TR><!-- headline one : end --><TR>With US financial crisis raging, visitor arrivals likely to miss target this year </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Lim Wei Chean
</TD></TR><!-- show image if available --><TR vAlign=bottom><TD width=330>

</TD><TD width=10>

</TD><TD vAlign=bottom>

Formula One is bringing with it the promise of 40,000 tourists and $100 million in spending. -- ST PHOTO: BRYAN VAN DER BEEK
</TD></TR></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->PLAYERS in Singapore's tourism industry, smarting from three straight months of lower-than-expected arrivals, are predicting leaner times ahead for their sector.
With the United States in the grip of a financial calamity that has the potential to extend around the world, insiders say the tourism sector is in for a rough ride.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>Why some tourists are staying away

High fuel surcharges for flights and an unfavourable exchange rate are keeping Indonesians - Singapore's most frequent visitors - from travelling.

The Beijing Olympics and Sichuan earthquake have distracted Chinese tourists.

... more​

</TD></TR></TBODY></TABLE>'With all the things going on in the world, anyone who is not concerned is living in cuckoo land,' said Mr Kevin Bossino, the general manager of Grand Mercure Roxy in the East Coast.
The Singapore Tourism Board (STB) admitted earlier it was likely to miss its target for visitor arrivals this year, the first time since the Sars outbreak five years ago.
The last three months saw a drop in the number of visitors compared with the same period last year. June was down 4.1 per cent, July dipped 3.8 per cent and August posted the steepest fall at 7.7 per cent.
Spending also dropped 0.2 per cent year-on-year for the January-June period.
Judging from interviews with retailers, the months of July, August and September had not been too good either.
QF Marketing International, which sells Merlion-shaped souvenir chocolates in tourist shops, said sales had dipped by 10 per cent to 15 per cent in recent months.
Mr Ken Tse, the managing director of Nuance Watsons, which has five duty-free shops in Changi Airport, said several factors had combined to dissuade tourists.
Indonesians - Singapore's most frequent visitors - were staying away because of the high fuel surcharges for flights and an unfavourable exchange rate. Since June this year, their numbers have fallen at least 13 per cent compared to the same period last year.
Singapore is also seeing fewer Chinese tourists, who have been distracted by the Beijing Olympics and Sichuan earthquake.
Mr Bossino said business travellers, another key market, were also shying away from travelling because of corporate cutbacks driven by an increasingly jittery global economy.
The first Formula One night race sped into town this week, bringing with it the promise of 40,000 tourists and $100 million in spending.
Tourism industry players said, however, the spike would not be enough to make up for what had been a disappointing year.
Nobody is sure what the next few months will bring, but with the turmoil in the US economy, Mr Tse believes the year may end up worse than expected. [email protected]

 

[Man in the streets]

HAHAHAHA......100 millions spent by the tourists.

That is old fart and son's dream.

may be 10 millions but most spent at Geylang fucking PRC sluts or social escorts.

old fart might as well build fuck house and get his MPs to pimp. Dont talk 100 millions, if marina bay got big fuckhouse, 100 billions also come

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>How much biz is lost by the poor tenants from the road closure?

Leaner times for S'pore tourism
</TR><!-- headline one : end --><TR>With US financial crisis raging, visitor arrivals likely to miss target this year </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Lim Wei Chean
</TD></TR><!-- show image if available --><TR vAlign=bottom><TD width=330>

</TD><TD width=10>

</TD><TD vAlign=bottom>

Formula One is bringing with it the promise of 40,000 tourists and $100 million in spending. -- ST PHOTO: BRYAN VAN DER BEEK
</TD></TR></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->PLAYERS in Singapore's tourism industry, smarting from three straight months of lower-than-expected arrivals, are predicting leaner times ahead for their sector.
With the United States in the grip of a financial calamity that has the potential to extend around the world, insiders say the tourism sector is in for a rough ride.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>Why some tourists are staying away

High fuel surcharges for flights and an unfavourable exchange rate are keeping Indonesians - Singapore's most frequent visitors - from travelling.

The Beijing Olympics and Sichuan earthquake have distracted Chinese tourists.

... more​

</TD></TR></TBODY></TABLE>'With all the things going on in the world, anyone who is not concerned is living in cuckoo land,' said Mr Kevin Bossino, the general manager of Grand Mercure Roxy in the East Coast.
The Singapore Tourism Board (STB) admitted earlier it was likely to miss its target for visitor arrivals this year, the first time since the Sars outbreak five years ago.
The last three months saw a drop in the number of visitors compared with the same period last year. June was down 4.1 per cent, July dipped 3.8 per cent and August posted the steepest fall at 7.7 per cent.
Spending also dropped 0.2 per cent year-on-year for the January-June period.
Judging from interviews with retailers, the months of July, August and September had not been too good either.
QF Marketing International, which sells Merlion-shaped souvenir chocolates in tourist shops, said sales had dipped by 10 per cent to 15 per cent in recent months.
Mr Ken Tse, the managing director of Nuance Watsons, which has five duty-free shops in Changi Airport, said several factors had combined to dissuade tourists.
Indonesians - Singapore's most frequent visitors - were staying away because of the high fuel surcharges for flights and an unfavourable exchange rate. Since June this year, their numbers have fallen at least 13 per cent compared to the same period last year.
Singapore is also seeing fewer Chinese tourists, who have been distracted by the Beijing Olympics and Sichuan earthquake.
Mr Bossino said business travellers, another key market, were also shying away from travelling because of corporate cutbacks driven by an increasingly jittery global economy.
The first Formula One night race sped into town this week, bringing with it the promise of 40,000 tourists and $100 million in spending.
Tourism industry players said, however, the spike would not be enough to make up for what had been a disappointing year.
Nobody is sure what the next few months will bring, but with the turmoil in the US economy, Mr Tse believes the year may end up worse than expected. [email protected]

 

[Microsoft]

100M?? Got wat!! y dun hab?? In fact more then tat... Toking bout sperm rite?? :p

 

[makapaaa]

100M?? Got wat!! y dun hab?? In fact more then tat... Toking bout sperm rite?? :p

$100M from the $5 cab surcharge on Sporns, perhaps?

 

[High till Dry]

today for once i was able to eat in republic food court at suntec. i passed by there upteem times with not a single available seat. today at 1pm the place was only half filled

 

[kuntakinte]

Yes !! $100m spending is plausible !! Just look at 2 months ago, Chinese or rather, Taoist believers have been giving billions...... So, if F1 to bring in $100m spending is plausible. But, I am not too sure if Hellivison, Hellphone, and paper merc, and houses will be bought. But billions of hellnotes were burnt 2 months ago....................

New Spin: F1 to Bring in $100M Spending! Tryingt to Bluff Who?

 

[congo9]

HAHAHAHA......100 millions spent by the tourists.

That is old fart and son's dream.

may be 10 millions but most spent at Geylang fucking PRC sluts or social escorts.

old fart might as well build fuck house and get his MPs to pimp. Dont talk 100 millions, if marina bay got big fuckhouse, 100 billions also come

How do they come up with this $100 million figure ? Does all the retailers open up their cashier for them to check ??

 

[The_Latest_H]

The article was written more for the intention of false hope and false re-assurances than for really honest intentions.

You can see that the government is losing the plot. If they weren't so worried about the whole thing, why tell their SPH people to publish such articles everyday? When the newspapers are full of the same thing 24/7, basically re-assuring people of the same thing, there's something fishy about it.

 

[blackmore]

The article was written more for the intention of false hope and false re-assurances than for really honest intentions.

You can see that the government is losing the plot. If they weren't so worried about the whole thing, why tell their SPH people to publish such articles everyday? When the newspapers are full of the same thing, basically re-assuring people of the same thing, there's something fishy about it.

That is why SPH is the propaganda machine for the nation; they want everyone to know what they are instructed to. We cannot draw any conclusion from what we read on the papers nowadays; we have to be on the ground to assess and draw our own conclusions of the matter.

 

[The_Latest_H]

That is why SPH is the propaganda machine for the nation; they want everyone to know what they are instructed to. We cannot draw any conclusion from what we read on the papers nowadays; we have to be on the ground to assess and draw our own conclusions of the matter.

I agree. In a way, I'm happier that I do not have to read anymore ST when I'm down under these days.

ST is just shat compared to the various Aussie newspapers available. SMH, The Age, The Australian are such good newspapers. Its just sad really, back home.