The Singapore Meetings, Incentives, Conferences, and Exhibitions (MICE) market size was valued at $3.82 billion in 2023 and is projected to grow to $6.97 billion by 2030, as reported by Coherent Market Insights, a global market intelligence and consulting firm.

Singapore is expected to experience a slowdown in tourism and gaming in 2024 due to escalating competition in the region, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Sands Resorts Macao won the ‘Best Integrated Resort (MICE)’ award at the eminent M&C Asia Stella Awards 2023 organised by Northstar Meetings Group, held in Singapore on August 16, 2023.

Hotel operators in Singapore are set to face a boost in employment, after the Ministry of Manpower (MOM) on Tuesday authorized the hiring of housekeepers and porters from six new countries: the Philippines, Thailand, India, Bangladesh, Myanmar and Sri Lanka.

Sands China Ltd. commenced its ‘The Macao Showcase’ at its sister property, Marina Bay Sands, in Singapore. Running from June 7-9, 2023, the event invites sales and trade partners, regional and international media, Singapore’s residents, and travellers to experience the multifaceted charm of Macao, a world center of tourism and leisure and a premier MICE destination.

Las Vegas Sands has managed to secure a timeline extension from the Singapore government for the development of Marina Bay Sands, just ahead of an April deadline that could have caused the company to be in breach of its contract.

Marina Bay Sands (MBS) operator Las Vegas Sands says that it does ‘not expect to be able to timely commence’ numerous construction projects under its Second Development Agreement with the Singapore government, as the deadline for commencing the projects is set for April 2023.

A panel of gaming insiders and analysts, including Alidad Tash, Vitaly Umansky, and Jorge Costa Oliveira, brainstormed the future of Macau in a session hosted by Macau Business and the France Macau Chamber of Commerce titled “Macau Gaming at Crossroads: The Public Tender and Beyond.”

Macau will lead the recovery in Asia this year, while Singapore needs international flights to resume to gain further impetus, executives from Las Vegas Sands told investors on the company’s earnings call.

In a rare glimmer of good news for the cruise industry, Genting Dream Cruises officially resumed sailing on Friday, with a trip to nowhere out of Singapore.