Indians among top spenders in SingaporeNRI Top Stories

July 21, 2014 17:31
Indians among top spenders in Singapore

(Image source from: Indians among top spenders in Singapore)

Indians love to travel and do some shopping at the local malls and popular shopping hubs. Visitors from India to Singapore were among the top three spenders in the city. Singapore tourism board (STB) said that Indian tourists were the third most spenders in during their visit in the first quarter of 2014.

China is at the top when it comes to spending on shoppings in Singapore, followed by Indonesia.

However, this year, the spending by Indian tourists during the quarter was down by 3 % on the year at SGD284 million. This has been attributed to a fall in arrivals and lower per capita expenditure by tourists, said the board.

This year around 65,557 Indian tourist arrived in Singapore in January, less by 7.9 % who had visited last year.

During February, 62,999 Indian tourists arrived in Singapore, up by 5.6 % from last year, and the figure for March was 70,472 , same as March 2013.

In April, Indian tourists visiting Singapore stood at 79,522, which was 4.5 % higher than last year. However, their expenditure was not included in the quarterly report.

Singapore's earnings from tourism increased by 5 % on the year to SGD6 billion from 3.9 million visitors, compared to last year, as per STB.

China stood at the top, with 557,466 Chinese tourists spending SGD800 million during the period January-March 2014.

Indonesia's 749,389 visitors spent SGD658 million in the first quarter of 2014, said STB.

(AW: Pratima Tigga)

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