Singapore – Singapore Says Trump-Kim Summit Cost Just $12 Million, After Some Question Expenses

    2

    FILE - A photo released by the official North Korean Central News Agency (KCNA) shows  Korean leader Kim Jong Un and US President Donald J. Trump during a summit at Sentosa Island, Singapore, 12 June 2018. EPASingapore – Singapore said on Sunday it spent S$16.3 million ($12 million) on hosting the summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, less than earlier reports that had angered some locals.

    Join our WhatsApp group

    Subscribe to our Daily Roundup Email


    Most of the money went on security, the foreign ministry said, without giving a detailed breakdown.

    Prime Minister Lee Hsien Loong had earlier estimated the event cost Singapore S$20 million. Foreign minister Vivian Balakrishnan had said that included the cost of Kim’s hotel room.

    Those reports drew anger from some Singaporeans on social media – though one commentator said it was a small price to pay – the cost of a chicken-rice dish for each citizen – to contribute to regional peace.

    Marketing experts said the publicity generated from hosting the summit could be worth more than 10 times the cost to the tiny Southeast Asian city-state.

    Trump and Kim spent each spent three days in Singapore for the June 12 summit where the two pledged to work on ending North Korea’s nuclear program and improve ties.

    ($1 = 1.3580 Singapore dollars)


    Listen to the VINnews podcast on:

    iTunes | Spotify | Google Podcasts | Stitcher | Podbean | Amazon

    Follow VINnews for Breaking News Updates


    Connect with VINnews

    Join our WhatsApp group


    2 Comments
    Most Voted
    Newest Oldest
    Inline Feedbacks
    View all comments
    hashomer
    hashomer
    5 years ago

    Dumb Trumpf stepped all over his own message about how great he was at the nothing burger N Korea mtg with the FAMILY SEPARATION DEBACLE, and then killing any hope for an immigration bill. What a yutz he is. 2300 kids still alone in camps, cages. Its on his head and on the permanent record.

    puppydogs
    puppydogs
    5 years ago

    This is a drop in the bucket to achieve world peace