Singapore says Taylor Swift concert profits exceed subsidy

Singapore declared the economic benefits of Taylor SwiftThe concerts exceed the incentives the city-state offered the singer to perform, amid speculation about how much it paid the singer to secure exclusive representation in Southeast Asia.

“There has been speculation online about the amount of the grant” Edwin Tong, Minister for Culture, Community and Youth, told Parliament on Monday. “This figure is neither precise nor as high as expected, but for commercial confidentiality reasons we cannot reveal the precise amount of the grant or its terms.”

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