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Singapore’s booming multibillion-dollar events industry has a hidden cost

The Republic’s Mice sector has mastered the art of spectacle. Its next challenge is measuring the invisible cost behind it.

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The Formula One Singapore Grand Prix exemplifies the Republic’s prowess as a world-class host for large-scale events.

The Formula One Singapore Grand Prix exemplifies the Republic’s prowess as a world-class host for large-scale events.

ST PHOTO: BRIAN TEO

Zhang Weina and Yannis Yuan

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Just weeks ago, the Formula One Singapore Grand Prix drew a sold-out crowd of

over 300,000 attendees

, adding to more than $2 billion in tourism receipts since its debut.

Beyond the roaring engines and packed grandstands, the race exemplifies Singapore’s prowess as a world-class host for large-scale events.

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