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![Singapore Acknowledges Giving 'Subsidy' to Promoter for Taylor Swift Concert](https://cdns.klimg.com/mav-prod-resized/480x/ori/feedImage/2024/2/21/1708487250264-3pr29.jpeg)
Dream - The Singapore government responds to the statement of the Prime Minister (PM) of Thailand, Srettha Thavisin, who accuses him of monopolizing the concert of singer Taylor Swift with millions of fans in Southeast Asia.
Translated from Bahasa to English while preserving html tags: "Reported by CNA, the Singapore Tourism Board (STB), as well as the country's Ministry of Community, Culture and Youth (MCCY), acknowledged providing grants to help bring Taylor Swift's world tour to Singapore."
However, they did not confirm whether the agreement also aimed to prevent Taylor Swift from holding "The Eras Tour" concerts in other Southeast Asian countries. Questions about the performance agreement arose on Friday, February 16, 2024, when Thavisin stated that the Singaporean government offered US$2 million to US$3 million per show as compensation for the exclusive contract in Southeast Asia.
According to Srettha, the concert promoter AEG has informed him about the provision. In their joint response to CNA, MCCY and STB did not specify the amount of the grant or the accompanying provisions.
They said, MCCY and Kallang Alive Sport Management have worked directly with AEG so that Swift can perform at the Singapore National Stadium. They admit to being aware of the significant demand from local and regional fans for the show.
"STB also supported the event through grant funding," they said. Kallang Alive Sport Management, an entity fully owned by MCCY, manages the Singapore Sports Hub, which is the location of the Singapore National Stadium.
More than 300 thousand tickets have been sold, with a large number of Taylor Swift fans coming from other countries, said MCCY and STB. Since lifting the pandemic restrictions, Singapore has attracted many international artists, including Blackpink, Harry Styles, Ed Sheeran, and Coldplay to perform in the country.
"In Singapore, Taylor Swift will hold a concert for six days at the National Stadium in Singapore in early March. Concert tickets have been sold out with an estimated 300 thousand fans expected to attend."
After Singapore, Taylor Swift will depart for Europe to continue her tour, which is estimated to generate a revenue of US$2 billion.
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