Taylor Swift’s sold-out concert set to make Singapore’s whole economy Shimmer: Economist
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- Опубликовано: 7 сен 2024
- Analysts are estimating millions in revenue to be generated across industries in Singapore from US pop superstar Taylor Swift’s sold-out Eras Tour. Countries that have hosted the concert are now basking in the afterglow of the phenomenon coined as Swiftonomics. Recent research estimates that the tour generated a US$5 billion economic boost to the US, bigger than the entire economy of some small nations. David Mann, Asia Pacific chief economist at Mastercard, discusses what the next week could mean for Singapore’s economy as Taylormania hits the nation. Read more: cna.asia/49VVZE2
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For those who disagreed with the $100 million boost in the recent budget to the arts scene, this is one example of why the arts are important to the economy.
Western parents are more likely to support their child’s dream to pursue arts. Asian parents and in particular Singaporean parents are more likely not. This is where having government funds come in handy.
painting art is out of the question.
100%
Yeah why do you think South korea is following the US ways with their kpop and shiz? Cause they know it’ll somewhat boost their economy.
@@Buttsceatcgee Arts include TV series. Unfortunately, the ones produced locally are awful. A majority of the actors are stiff and unnatural.
All the best to Taylor Swift's concert. Everyone have fun and enjoy the great performances 🎉🎉🎉
how smart Singapore minister to invite Taylor to boost their economy. Taylor is a real deal to boost economy
How much money do 20somethings really have
@@Johnne009 Look at Japan and Australia tours. Apparently alot of money
Only Swift has the last laugh😂
Greed at its best! Next Taylor my countrymen, think again.
For those coming for the concert, I hope you have an awesome night. Be Enchanted by the lights of the Lion City where the Sparks Fly and Wildest Dreams come true. Do remember to “shake it off” your “I knew you were trouble” behind. Have some Clean fun during your time in Singapore and good mannerism never go out of Style. This is a friendly message from the “I can see you” security department.🙃
After Airports, F1, Casinoes, the next economic growth for Singapore is Taylor Swift.
GST is 9% now, and the government will have to use taxpayers' money to buy GDP growth.
The Sportshub is a PPP. Rich towkays will be managing it if it is making money; the government will take over if it is not making money. PAP will have to continue to raid the country to buy business for this white elephant.
Ha ha ha!
Next the target to host world cup😂
@@Tony.L9793 olympic?
Hotel prices have skyrocketed in Singapore during her week here for sure!
We booked a hotel in SG 3x the original price 😭
I’m NOT a Swiftie, but I’m a big admirer of her musical talent, her merchandising / promotional skills, and her business savvy. There’s no other musician that has done what she has done.
All eyes, especially our neighbors, are on Singapore. Praying for the people working tirelessly behind the scenes to ensure the concert's success.
I'm not a Swift fan, but I agree with u. If Singapore can host the F1 event, this should not be an issue. Especially when u have a minister looking after this 😊😊
All eyes? People that I know don't know, don't care and don't talk about it.
@@zahriatan1946 Ever heard of exaggeration expression?
@@Minivan9255 I'm well aware of that but still literally nothing if at all maybe I've a small circle of friends on social media or in life. No offence to Swifties.
@@zahriatan1946😳😕🙁☹️👎👻🤥🤪😴😴😴
Welcome to the ERAS Tour!
9 concerts across Sydney and Melbourne, outrageous ticket prices and huge lines for merch : the tabloids are saying that TS left with 100 million AUD and NSW earned 145 million AUD. Whatever the numbers, it all went off with few hitches which is outstanding given the crap weather the East Coast has had to endure this Summer. Thousands of Swifties will be making their way to National Stadium as I type this for the first Singapore concert - I hope they all have the time of their lives.
taylor legend best artist of ALL TIME
This phenomenon of hers is helping people wherever she goes! What a woman💪🏻
Sending so much positivity to Tay and Singapore! ❤
300k tickets can probably translate to approximately 2.5k per pax for visitor.
2.5k should includes concert tickets, 3 days of staying, airfare, food, shopping and tourism (eg. Uss, casino etc)
Take 20% of 300k are locals,
240k * 2.5k = 600 million GDP to SG (conservative number)
Concert tickets and airfare doesn't add to our economy. And 50% of the concert goers are local
@@Johnne009neither of you can speak with certainty actually as a lot of reselling was going on so no point to try to correct speculation
one thing for sure, it doesnt help any middle to poor class Singaporean. Weird a country can give their tax money to a private company to secure concert deal.... and doesn't need to be transparent on the deal.
i dont know why Singapore must include only the clause " only can host concert in Singapore" why not let other southeast Asia chance to host? i m sure there are plenty of fans to go all of her concert in all the southeast Asia countries.
Enjoy the show guyz!!!!!
I left Singapore 🇸🇬 on Monday she ariives on Thurs I missed all the swifty buzz in Singapore
Heard Blackpink Lisa arrived at Singapore for the concert.
If true, quite puzzling. She could have gone to Japan in January for her concerts. The weather in January for Japan is so much cooler than in Singapore now
Yes, she did. She watched a KPop concert too. It's in the local news.
Damn she like a charm. She can make economy goes up like she mrs president of america
Unfortunately she signed a deal with Singapore to do 6 concerts there for quite a few million dollars, leaving the Philippines, Vietnam, Indonesia, Malaysia, Thailand & China without any possibility to host her, sad 😔
She didn’t stop by Seoul and HK. Her only north Asia venue was Japan. So she probably didn’t plan to visit other SEA nation. If Seould and HK didn’t make the cut then Thailand and Philippine won’t either. After what happened in Brazil, and all the backlash sent her way… who would blame her for being more careful and selecting countries that can control and care for the crowd better?
Taylor Taylor Taylor! Such a sweetheart 😊
It is change of tide.
Women power
all hail “ The Woman”
Celine Dion's career may be over due to her health issues, but the other women in or very near the billionaire club are still raking it in. I would swap bank balances with Madonna, Rihanna, Beyonce and Adele any day of the week.
@@arthurwatts1680I mean would u switch bank account with Bruno Mars?
@@kingseiryu929 I guess but we are talking about women artists - last time I checked, Bruno is a man.
Actually is European woman impact…
Fantastic! Taylor Swift concert in s'pore has been made possible by the PAP govt. It's so obvious that PAP is the only competent and effective party in s'pore.❤❤
correct, so much profits.
plan ahead and hard work, focus on economy.
PH so jealous and make 😅complain
Visa-free entry to Taylor Swift concert for Chinese tourists for 4 days.
Singapore makes huge profits
It is estimated that the total revenue from Taylor Swift's concert in Singapore, as well as local tourism revenue, may reach S$500 million!
@@happymelon7129 For 500 Million we can bend the rules a little, right?
Nah! Visa free for Chinese Nationals in Singapore was already implemented in early January, and it is not 4 days. @happymelon7129
Enjoy , have fun & Stay safe ❤ My siberian husky loves to sing to Taylor .
Most likely 80% of the audiences are from overseas 20% are local 😊
Well Singapore's population is less than 5M people ...22M people tried to register on Ticket master for Singapore Eras tour tickets
@@Azarath_Metrion_Zinthos
The World has 8.1billion population 😊
@@sgfuture7114yeah but 22 it’s already a record for any artist in history. So it’s big.
@@Azarath_Metrion_Zinthoswhich is unfair. Should have cather SG first.
Most of the ticket sales are from filipinos.
Swift @ S'pore, Sheeran @ Jakarta....
Congratulations to the Southeast Asian for a Magical weekend!
People, she writes her own music and owning the catalogue. She reminds me of ABBA.
😊🙏 Thank You So Much Taylor Swift for uniting people of the World to spread Goodwill & Warm Friendships & brought so much economic windfalls to many struggling businesses around the World that many selfish warlords & politicians failed to do ... 🙏🌷🌍✌💜🕊
As someone who isnt a fan (just a difference in music preference), i see this as an absolute win.
It is a tremendous boost to economy and i dont need to fight for the ticket
It has to be amazing how one person (a woman to those men thinking of women) age 33-34 could handle all this. She is a touring mega help city or country economy benefactor. People state about her surprise looks, thanks about all she gets like awards, and/or thanking everyone coming to her tour each night. I am amazed how people take not only their time also their money to travel short and far to her shows. I have had traveled many times when in the military getting things lined up, the travel to airports, in airports, delayed flights, connecting flights, oh my room reserved is taken, to whatever. Here are these people maybe not having trouble to whatever. Just to see a 3 hr. 15 min. show waiting in line, maybe having front role area to can I stop my nose from bleeding to see a person sing. It is, to me, mind blowing. But, it is great how these people do this and help the city's, hotels, restaurants, taxis, airlines, and who knows what else economy that needs a boost. One person, having 150 plus stage crew, plus another around 200 local helping, plus the people, trucks, airlines for the stage, and local businesses by the 100s, hired for her to sing. She is a moving business to cities generation hundred of millions of money. I have read that each 4 years the cities who puts on the Olympics actually loose hundreds of thousands to a few millions hosting this event. This is several elite people at these cities. Yet, one person makes a city more money just to sing there.
Why can’t they get MC5 to kick out the jams on the island? They’re way more seminal and important in the history of rock’n’roll.
We even bought eight F-35A fighter jets recently due to Taylor swift. Just in case the neighboring countries are really unhappy 😜😜
Srettha said the government is looking to bring more "A-list" artists to Thailand around the end of this year, but it might not be possible since such a major tour requires time to arrange. Nonetheless, the government will still make an effort. Indonesia levelling up too with a IDR1 trillion fund to bring more music, sports & cultural events that would attract travelers to spend more & stay longer.
S’pore, Thailand &, now, Indonesia applying the “whole of government” approach to major events
😅PH not happy ...
Philippine Congressman Joey Salceda asked the Philippine Department of Foreign Affairs to formally protest to the Singaporean government on Wednesday (February 28).
He was dissatisfied with this and criticized Singapore for subsidizing every Taylor Swift concert as a condition for Taylor Swift not being able to tour other countries in Southeast Asia.
"This is not a good-neighborly act," adding that it is not conducive to Singapore's diplomatic relations with the Philippines.
"We are friendly neighboring countries, so such a move hurts harmony," he told reporters.
While our chyna government kept silent, and we chyna ppl are crying
@@Hkchinese888Dei Kumar, so when is TS holding a concert in Kerala? 😂
@@HoldMyCowsberg we chyna ppl hope Taylor Swift will come to chyna
@@HoldMyCowsberg will she go to India? Kumar
2 Underrated REITs Set to Soar from Tourism Surge and Taylor Swift Mania 😍
ruclips.net/video/-Qah-0R2pKQ/видео.html
The exclusivity deal for Southeast Asia is a foul move. Imagine being that greedy to the young girls and women who also want to see Swift grace their countries. Im not even a Swifty but Im mad for my Filipino swifties
I'm with you. Both Singapore and Taylor Swift's team shattered the dreams of their young fans in other countries that can't afford to fly overseas. Lucky my nephews couldn't care less.
I could have written for this whole segment with Taylor Swift songs
The exclusive deal story has gone viral. Even TIME and BBC have reported the story. The MCCY is famous now but for the wrong reasons.
Yeah, no thoughts of young fans in different countries that can't afford to fly to Singapore. It's all about the money from both sides.
Its kinda unfair to Singapore's fellow ASEAN since this form of monopolization will make an incentive for other countries to also monopolize artists later in the future that may affect the economies of other countries as a whole, this action will prompt countries to start creating a bidding war on who can pay artists (especially singers) on who can pay the most for them.
Just teach your kids to be frugal...
You can conclude that if she also visited other north Asia venues like Seoul and HK … but she stopped by Japan only. Who’s to say she planned on visiting other SEA countries? After she got lots of flak for that Brazilian fan dying in her concert, I’d say infrastructure and capable government handling of crowd and emergencies as well medical care would be important in her list. I mean if Seoul and HK didn’t make the cut then what hope is there for Thailand and the Philippines
Japan and Singapore are known to be orderly. For all we know she didn’t plan on stopping by other SEA nations and took advantage of Singapore’s paying capabilities by asking for more money. 🤣
Person who script this news is definitely a swifty 😅💛 #bejeweled
Other countries have been bullying singapore for so long.. no wonder we finally took an official stance in the arena.
The bullying of raising prices for sand, water, consumer products and etc. from neighbouring countries was the first act of unfriendly competition when SG was trying to make win-win deals in the early years. Due to a ton of inconspicuous economical attacks to slow down our progress, the govt finally took a tougher stance to protect Singaporeans.
By turning Singapore into the most expensive place in Asia to live in that won't impact on the super rich but making working class Singaporeans to be trapped in Singapore as well as allowing foreigners to work and earn Singapore dollars in Singapore to be remitted and transferred out to buy lands and big freehold houses in their own country.
What a nice way to protect Singaporeans then. Lol
@@anglo-saxonconnor817 Lol really? How micro-perspective can you get man. From your comments I can tell you barely grasp the concept of SG's taxation, public policy and financial direction for Singaporeans. Only a simpleton would think that a good country has no flaws 🤣
Tell that to your countrymen not me. Let them judge and weigh the worth in your words instead.
I just need to tell them what they are getting out of this deal the pap and people like you have broker and arrange for them and they should be able to come to a conclusion by themselves very easily.
Seriously if this is the best you think Singapore ruling class can do at the expense of the whole in Singapore population to take Singapore and a few privileged ones to where Singapore is today and feel proud and not able to see the side effects and feel ashamed of yourselves then too bad for you then. Cos you don't have a conscience at all.
Understanding the concept of sg taxation,public policy and direction of financial planning is not enough for Singaporeans. Feeling it is the truth instead.
All these if they are planned and executed well are supposed to made Singaporeans live and feel easier not pant and struggle instead.
Something enough Singaporeans have made clear and evident to the pap and the whole world to know for several years already yet pap and their supporters have always pretended to be deaf and never once be able to solve these issues and acknowledge these problems at all.
Words are very flowery and superficial. Come to the end who benefits the most out of these targeted kpi instead. Hah
Have FUN Youse kids. Oceans of Love from Amelia Island
The way she reached for the friendship bracelet like she wasn’t really happy to get one….. that’s history baby get it?
"You're On Your Own Kid" is the only TS song I know of that has anything to do with friendship bracelets. It also suggests whoever the stranger is she's been singing to, is smoking with his voice through her phone.
Unfortunately as the citizens we have to pay non stop 9% expense tax and this “big business” nothing help or decrease the normal citizens of their family or personal expenses.
Chinese youth would choose either Taylor Swift or Messi over the regime in China 🇨🇳.
Singapore 2024 born baby girl will have lot name .. Swift Lee, Taylor Chan ….
Singapore should be questioned during the ASEAN summit
🤣🤣
For the introvert. It is better to stay at home. Singapore is going to be very crowded. I already couldn't enter the first train that arrived last week. Full.
i rather watch Hindustan Times on youtube..
Count yourself lucky that you can reach home in one piece in S'pore. Elsewhere no promise
Those are BS news@@fidelcatsro6948
can all videos cut away the loud inhale (at start of video) like this one?
Some lawmakers are sour graping in a SEA countries about this.
All these kind of news cant help make Singaporeans proud but our neighbours pissed off!
Good for singapore, but remember not to make idols, 1 Corinthians 10:14, 1 John 5:21, Isaiah 45:20
Taylor is sweet kind cute and she is rocks ❤
Money is not everything. Beware of the negative fallout of this kind of events. I am not surprise that after a short period of time, some very negative things such as drug addiction and sexual transmitted diseases surge by a huge amount! So don't just think of money and nothing else!
Go taylor ❤
Not Asia only Singapore
Japan is in Asia
S'pore is the only venue in South East Asia
@@clivebaxter6354 Japan never though it is in Asia.😅
Japan always though it is an European country , same as AUS.
@@happymelon7129you never learn geography in school ah?
@@cosjtm Japan never with Asia.
It though it is an European country
A tour doesn't increase inflation, printing money increases inflation.
but when purchasing power increases it negatively impact inflation. so , she does help economy...
I was imagining people digging into Swift, realising it gets more pink and more pastel the deeper one digs but there is a prince in there somewhere. "What does the prince do?" "He kills you, you idiot!"
The title should be Taylor swift market boost economy
Taylor ♥️
Visa-free entry to Taylor Swift concert for Chinese tourists for 4 days.
Singapore makes huge profits
It is estimated that the total revenue from Taylor Swift's concert in Singapore, as well as local tourism revenue, may reach S$500 million!
50% of attendees are locals . 150000 tourists coming in total. 500mil / 150 000 tourists equates to $3333 per person. Do 20somethings really have that much
GST will go back to 8% from tomorrow 😅
brilliance in bribillions
The only interesting news of CNA
I expect first night to have some teething problems, just like Coldplay. But as the daus go by, it will be good. If we can host F1, we can do this 😊
Please Tay-Tay, Play Tai-Pei
Singapore government team is awesome 🇸🇬💪💪💪
No communist hk for swift?? 😅
It wouldn't be wise ever since Lionel Messi fiasco while he was in HK recently
@@cityvibes54321 she is right to avoid HK altogether anyway
No Seoul either
#talyorswift
Next, Crazy Horse parisian musical grace our shores ... something racy to match the "London Chippendales"
They literally full of puns lol
Lol, SG government's first suckerpunch? So basically countries are now gonna buy exclusive concerts? Well, western artists are gonna get richer than ever...
Most likely this strategy is only targeted at A-List megastar who is at the top of the pyramid and she is the only one now
gonna have post sickness come this sunday
Of all that money she gained why her costumes in her are all the same each country.she should changed her clothes every country. Just saying.
Aseans just fed Singapore. Keep your money to your own countrymen.
One fine day singapore may need the cooperation of its neighbours then see if theyll ‘pay us back!’ Now singapore is riding high , acting like the big bully at the playground. ‘Play my way or else!’ Its not nice or very neighbourly.
Hyping up the minimal economic impact. Singapore's gain is other countries' losses. Money flows. The one that truly gains is Taylor Swift.
Alamak, hawker center and kopi prices will rise Swiftly liao!
yes SG economy is studdering indeed!
At least S$213,000 (US$158,000) were lost to Taylor Swift concert ticket scams over the past two months. More than 330 victims fell prey to such scams in January and February, the Singapore Police Force said on Friday (Mar 1)
So don't hold any concert is wise way to stop scam?
*Madonna Celebration Tour is so much better than this Swift Era tour and sadly Madonna is not touring in Asia region this time*
Aunty already..
Last century vs this century.
@@kwokleongawyong2895 Taylor so overrated in fact shes mediocre
@@fidelcatsro6948 Taylor so overrated the fact is Dua Lipa so much better than her
I still watch Madonna's Who's That Girl? concert in Tokyo to this day. The best pop dance concert.
Read international news about the Taylor Swift concert controversy in Singapore.
From the news, it wasn't the manager who was bribed, but Taylor Swift's management, which had an exclusive contract with Singapore.
In my opinion, the guilty and unethical person is Taylor Swift and her management.
They only think about money and profits for themselves. Not thinking about the feelings of his fans in other Southeast Asian countries besides Singapore.
Taylor Swift's class shouldn't be tempted by bribes from Singapore to monopolize this concert.
Taylor should have thought more about the feelings of other Asian fans who want her to concert in their respective countries.
Not Respect Taylor.
Coldplay could have done the same. But they didnt. He is a true tribute to the fans and nature
Why she's always singing in swimming costume?
😂😂😂😂😂.
People please don't flame me ar.........😂😊😮😢😅
Tell me you have never been to a concert without telling me. What do u expect them to wear? Gowns? Pajamas?
It's called a leotard not a swimming suit 😭😭 there's a difference...a Leotard is what usually female performs wear to perform or entertain..mainly at circuses or other exotic events...like concerts...
she should wear a keffiyah at least..
Our Merlion will love her since her attire makes her look like a Merlioness
@@Flixtex Your comment don't make sense. Of course, she can wear a normal clothe. That's what @miklee4834 is trying to ask. if u have gone concert before, u mean those performer wear swimming costume??
Singapore entice the singer with cash to survive it's economy, not good practice
Be worrisome of karma
Time to change your crystal ball.
Thank god she didn't read the bidennomics book.
Meanwhile Trump is selling Temu Sneakers.
uonly happenning in Singapore 🤣🤣🤣🤣🤣
I never understand why one would contribute to a celebrity's wealth, then treat them like a "god".
Well, in this instance it is different. She's generates growth in GDP in countries where she held her concert. She brings wealth to other countries. She is like the God of wealth. 😆
Pray that we are protected and pray that the song lyrics do not make bring wrath of God.
Idolatry
History repeats itself. Take the Elvis and Beatlemania.
So sad that we are all about money
Trust Singaporean to make a Taylor Swift concert boring news..
singapore being greedy
Lucky, not a fan.
Follow what the West follows
Singapore benefits
Enjoy
You use western tech,you follow what arb follows lmao you can't force your religion
So you should stop using mobile phone,. don't use Google map. And best, watch you parents concert only to be loyal to your blood.
Dear Swift, 1 of my Idols, here, I asked you to phenomenize the "666" set-in and Prepared by the Vatican. It's the New World Honour.
Heard Taylor Swift summoning demons by performing witchcraft ..... 😮😮😮
plausible..many artistes are known for this
That performance is in her music video song called Willow. She said "willow is about intrigue, desire and the complexity that goes into wanting someone. I think it sounds like casting a spell to make someone fall in love with you ".
the stupid people spending on a lady who is already rich
🤣🤣🤣🤣🤣🤣
You must be fun at parties
@@Nick-pc9tf and this is the best line u got
ROSE CHAN🤣🤣🤣🤣🤣
Taylor is being idealist by recorded all her songs because of dispute with big machine records about money. Now Taylor is being big machine records to their fans in south east asia. Thought she will be idealist with their fans, but no. Money is she looking for. Please now listen to taylor original records.
*I prefer Dua Lipa over Taylor who is so overated*
Not everyone are like you
@@capricorn839 They will someday 😁
@@capricorn839
One of the best song writer of our generation.
Every person who stands as a candidate against the PAP possesses tremendous courage. So many have been bankrupted by PAP leaders. Toh Soh Lung