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Singapore expects slow tourism growth

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Downtown Singapore.

TOURISM. Singapore expects tourist arrivals to grow by as little as 2.3 percent this year as a slowing global economy limits travel, AP reports. Singapore will likely see between 13.5 million to 14.5 million visitors in 2012, the Singapore Tourism Board said in a statement. The number of tourist visitors grew 13 percent to a record 13.2 million last year.
Tourist arrivals, which were 9.7 million in 2009, have soared since the opening of the city-state’s first two casino resorts in 2010, according to the news agency. Singapore’s economy relies on manufacturing, finance and tourism.

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The editor of the Traveling Reporter works as a business news editor, and is a frequent traveler. When not doing any of that, he spends time on his boat and tries to figure out where to travel next. Two of his top destinations are the Philippines and San Francisco. Email Erik! Follow the Traveling Reporter at Stumbleupon, Tumblr, Chime In, Pinterest, Google+, Weibo, Storify, Facebook, Traveldudes, Myspace.