SGX Tourism-Related Stocks Ride Growth as Singapore and China Start 30-Day Visa-Free Travel

Tiger Newspress2023-12-08

SGX tourism-related stocks ride growth as Singapore and China start 30-day visa-free travel.

Singapore and China are looking to establish a mutual 30-day visa exemption arrangement, as the two nations seek to push travel back to and beyond pre-Covid levels.

According to Singapore’s Ministry of Foreign Affairs, both countries will work out the implementation details and implement it in early 2024.

People flows between the two countries have been improving, and flight connectivity is approaching pre-Covid levels, said Deputy Prime Minister Lawrence Wong on Thursday (Dec 7) during the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin, China.

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