Singapore, ranked the world's second-richest country by GDP per capita in 2025, forecast tourism spending would decrease this year amid concerns that conflicts in the Middle East could dampen consumer and business sentiment.

Malaysia, Singapore, Indonesia, and Vietnam reported increases in foreign arrivals in the first quarter despite disruptions caused by the Middle East crisis, which drove up fuel…

Singapore, ranked the world's second-richest country by GDP per capita in 2025, forecast tourism spending would decrease this year amid concerns that conflicts in the Middle East…