,Singapore

SingapoRediscovers Voucher validity extended to encourage local tourism

Singapore citizens can use their vouchers until December 31.

The Singapore Tourism Board (STB) has extended the validity of SingapoRediscovers Vouchers (SRV) until December 31. Enhancements have also been made to the campaign to make it easier for citizens to use.

“Since the launch of the SingapoRediscovers campaign and the SRV scheme last year, we have been heartened by the tourism sector’s efforts to create new products and experiences for locals. These initiatives have had a positive impact on our economy beyond tourism. The extension of the SRV scheme is intended to sustain this momentum,” said STB Chief Executive Keith Tan.

As of end-April, over one million adult Singaporeans had used their SRV at least once, leading to a total 1.3 million transactions. This has contributed over $200m to tourism-related businesses, in approximately $147m in vouchers and cash payments on tourism bookings, and $55m in additional spending on related sectors.

According to STB’s internal estimates on the SRV programme, tours earned a revenue of $11.4m through 124,000 transactions, attractions a revenue of $51.6 m through 793,000 transactions, hotels a revenue of $80.3m through 292,000 transactions, and bundled packages a $3.7m through 35,000 transactions.

Singaporeans can redeem these vouchers online through their Singpass account, and book their preferred products through five authorised booking partners. Those who are unable to access their Singpass accounts may visit over 30 community centres to redeem their vouchers starting the third quarter of 2021.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

It got Asian Infrastructure Investment Bank as its investor.
This optimistic performance is expected to continue until March 2022.
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period. 
Along with this, the group recommends a green financing bank.
The SGX listed SPAC raised $23.4m from the offering.
They believe crypto's value will increase in the next five years.
ThaiBev had the most growth.
VSTPL’s failures placed the trust at a higher risk of being used as a conduit for illegal activities, says MAS.
The growth rate estimate is lower than the 2021 forecast of 6.6%.
The bank assured customers that it employs a multi-layered defence system against fraud.
This after S-REITs delivered a modest 6% in total returns in 2021. 
Banks are asked to remove links in emails and SMS sent to customers.
It will redeploy the proceeds from this divestment into higher-yielding assets.
The US, the UK, and Australia were their top destinations during the year-end.