There really isn't much not to like in the relief package pertinent to the tourism sector, not least the supersized amount that far exceeded the expectations of all the analysts.
Yes, the anticipated hospitality property tax rebates and bridging loans bore resemblance to the severe acute respiratory syndrome (Sars) relief handouts in 2003, but that was as far as the similarities went. However, it is not the value of the package that distinguishes it, but rather how balanced the various stimulus provisions are this time round.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.