A Singapore spaceport for Virgin Galactic?

Todayonline.com reports that Virgin Galactic may be looking at Singapore as a possible base for its suborbital tourism business within the next five years.

This move could pose a challenge for Space Adventures, which announced plans to build a spaceport in Singapore back two years ago. However, the Virginia-based company has only raised about half the funding for the facility, according to CEO Eric Anderson. He said the company hopes to raise the remainder of the funding by year’s end.