We know Taylor Swift concerts generate billions in consumer spending. And we now know that countries are willing to pay dearly for this advantage, at the cost of letting their neighbors miss out. Earlier this week, Singapore Prime Minister Lee Hsien Loong confirmed that the country's tourism board paid an undisclosed sum, estimated at nearly … Read more
Taylor Swift performs at the National Stadium in Singapore on March 2, 2024. Ashok Kumar/TAS24/Getty Images for TAS rights management Deflation in China is intensifying. Japan is in recession again. North Korea appears to be preparing for some kind of war. Current and former leaders of the Philippines are brawling. The Thai economy is contracting. … Read more
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 … Read more
Filipina Charlyn Suizo is in Singapore this week for one reason: Taylor Swift. The 30-year-old software engineer, who runs a Philippines A group of Swifties, as the singer's fans are called, arrived from Manila on Friday with 17 friends. She spends at least US$6,000 on her flights, concert tickets and accommodation. This is slightly higher … Read more