Yahoo Asia News, 18 Sep 2008, Reuters
SINGAPORE, Sept 18 (Reuters) - The turmoil in global financial markets will help put the brakes on Singapore's tourism industry, which was hoping to tap into the growth of Asia's middle-class and the world's first night-time Grand Prix.
Analysts said the first Formula One race to be held in Singapore this month will provide a fillip for a cooling tourism sector, but high oil prices, a weak global economy and sagging financial markets will crimp the travel business this year.
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