Amendments to Travel Agents Legislation. With effect from 31 December 2020, the following amendments to the Travel Agents Legislation will be extended by one year: The minimum net value requirement for travel agents holding a general licence or niche licence will be reduced by 90% to $10,000 or $5,000 respectively, till 31 December 2021.
https://www.stb.gov.sg/content/stb/en/home-pages/faq-on-covid-19.html

