{
  "id": 12340562,
  "title": "STB revokes Sheen Yeow Travel’s licence over concerns of false financial statements",
  "url": "https://urgent.news/2026/10/06/stb-revokes-sheen-yeow-travels-licence-over-concerns-of-false",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-06T08:37:00.000Z",
  "source": {
    "name": "Straits Times",
    "slug": "straits-times",
    "url": "https://www.straitstimes.com/singapore/stb-revokes-sheen-yeow-travels-licence-over-concerns-of-false-financial-statements"
  },
  "original_language": "en",
  "account": "The Singapore Tourism Board (STB) has revoked Sheen Yeow Travel's licence due to concerns about the accuracy of its financial statements. This decision was announced on October 6, and it means the travel agent must refund all existing customers or transfer its obligations to licensed travel agents to fulfill them. The revocation comes after STB found reason to believe that the company submitted falsified information for several years. STB emphasized its serious stance on errant travel agents, promising to take necessary actions to maintain the reputation of Singapore's travel industry. To find the most recent list of licensed travel agents in Singapore, members of the public can visit the STB's trust portal at https://trust.stb.gov.sg/.",
  "summary": "Sheen Yeow Travel must refund all existing customers or hand over obligations to other travel agents.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}