Spending holds steady at Great Singapore Sale - Mastercard
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Overall spending by both local and tourist MasterCard cardholders held steady at The Great Singapore Sale (GSS) this year. Total spend over the two month period of the GSS (29 May to 26 July) was US$697.7 million, down 0.5% compared to the US$701.1 million spent last year. Tourist spending also maintained at levels similar to 2008. Visiting MasterCard cardholders spent US$248.5 million, slightly more than the US$248.4 million spent in the same period last year. Cardholders from the US, Australia, UK and Malaysia were the biggest spenders. Spend by Singaporean MasterCard cardholders declined just 1.0% to US$ 449.2 million.
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