Singapore Embraces Economic Benefits of Taylor Swift’s Concerts
Singapore reiterated that the economic advantages derived from Taylor Swift’s concerts far outweigh the incentives offered to the globally-renowned singer. Speculations aroused concerning the payment made to Taylor Swift to secure her exclusive performance in Southeast Asia.
Squashing Unfounded Speculations
In response to the online rumors surrounding the magnitude of the grant extended, Edwin Tong, Minister for Culture, Community and Youth, addressed the parliament on Monday. Tong refuted the inaccuracies and exaggerated figures circulating within the online domain.
Beyond Speculations: Confidentiality Prevails
Tong stressed that despite clarifications being made, the specific size and detailed conditions related to the grant cannot be made public. The need to maintain confidentiality for business-related reasons is paramount.
