Singapore says profits from Taylor Swift concert outweigh subsidy

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Singapore said economic benefits of Taylor SwiftThe concerts exceed the incentives the city-state offered the singer to perform, amid speculation about how much it paid the singer to secure an exclusive performance in Southeast Asia.

“There has been some speculation online about the size of the grant,” Edwin TongThe Minister of Culture, Community and Youth told parliament on Monday. “It is not accurate or as high as speculated, but for reasons of business confidentiality we cannot disclose the specific size of the grant or the conditions of the grant.”

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