S$740 million will be added to the Tourism Development Fund over the next five years to support Singapore's ambitions under Tourism 2040. SINGAPORE: Singapore’s tourism sector hit a new high in 2025, with receipts reaching a record S$32.8 billion (US$25.9 billion), Minister-in-charge of Trade Relations Grace Fu said on Friday (May 8). The previous record was S$29.8 billion in 2024. Alongside the strong performance, Ms Fu announced an additional S$740 million in funding for the Tourism