SINGAPORE: International tourists spent the most in the city-state out of all APAC jurisdictions

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Mastercard released their latest expenditure findings from 2016 that found tourists spent the most in Singapore out of other Asian Pacific regions, spending a total of SGD $21.6 billion in the city-state last year alone. Singapore even beat Tokyo, one of the most notoriously expensive cities in the world, and hugely popular tourist destination, Bangkok. According to Mastercard, this has been an ongoing trend; the payment provider stated that Singapore has recorded an 18% increase in tourist spending over the last 2 years.