Malaysia's tourism market is highly expected to outperform this year among ASEAN competitors, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Singapore is expected to experience a slowdown in tourism and gaming in 2024 due to escalating competition in the region, says Tradeview Capital Sdn Bhd CEO Ng Zhu Hann.

Tradeview Capital Sdn Bhd CEO Ng Zhu Hann believes Malaysia's tourism market will outperform its ASEAN competitors in 2024. In an interview with AGB, Ng commented that thanks to mutual visa-free entry for Malaysia and China, along with the historically low ringgit, the country’s tourism market is expected to excel this year.

Melco Resorts & Entertainment witnessed a considerable increase in total operating revenues during the fourth quarter of 2023, reaching $1.09 billion. This bump was attributed to the improved performance across all gaming segments and non-gaming operations.