How coronavirus outbreak is impacting Singapore businesses

Posted by Team Finaxar on Feb 10, 2020 7:35:00 PM

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Singapore's health authorities upgraded the nation's health alert status to orange, the second-highest level on its DORSCON (Disease Outbreak Response System Condition) four-point scale.

One sector that is expected to be severely impacted is Singapore's MICE (Meetings, Incentive, Conferences, and Exhibitions) industry. Singapore is one of the world's foremost locations for MICE events. According to Colliers International, the industry brings in about USD 1.58 billion in tourism revenue.


As published on: Big News Network

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