Trade and Industry Minister Lim Hng Kiang on Tuesday said the upcoming F1 race is expected to generate additional tourism receipts of about S$100 million this year alone. Some 30 to 40 per cent of the spectators at the September event are expected to be from overseas, he said. Mr Lim was replying to a question from Sembawang MP Lim Wee Kiak about his assessment of the benefits of the F1 race. He said...
