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Observers who spoke to This Week in Asia said such grants were likely to be given out based on investment returns, although these came with inherent “risks” such as no-shows by stars. They added that other factors, such as infrastructure, stability of the country and connectivity, also weighed in the minds of concert organisers.
“It is likely to generate significant benefits to the Singapore economy, especially to tourism activities such as hospitality, retail, travel and dining, as has happened in other cities in which Taylor Swift has performed,” they said.
The Indonesian government has formed a 1 trillion rupiah (US$64 million) tourism fund to help it bid for such events.
Will she make it in time?
TOKYO (AP) — Will she make it?
Taylor mania has landed in Tokyo. But the enthusiasm of some of the Swifties arriving with her has clashed with local sensibilities.