Friday, June 21, 2024

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Singapore and China to implement mutual visa-free policy

China and Singapore signed an agreement on Thursday for mutual visa exemption, set to take effect from February 9th.

China and Singapore to launch bilateral visa-free policy as early as 2024 

Deputy Prime Minister of Singapore Lawrence Wong revealed on Thursday that China and Singapore plan to launch a bilateral visa-free policy as early as 2024.

Malaysia extends visa exemption for Chinese tourists until end of 2026

China and Malaysia have agreed to extend their mutual visa-free policy following the visit of Chinese Premier Li Qiang to Malaysia this week.

Genting Singapore: ‘robust growth’ in 1Q24, revenue tops $580M

Genting Singapore experienced 'robust growth' in the first quarter of 2024, delivering revenue of $580 million and adjusted EBITDA of $273 million.

Cambodia bets big on tourism despite yet having visa-free policy with China: Insider

Tourism is a “major focus” of Cambodia under the new leadership of the country’s Prime Minister Hun Manet, as the Southeast Asian country has “set up many initiatives to attract Chinese, not just Chinese tourism, but in general, all tourism to Cambodia,” notes gaming expert Daniel Li in an interview with AGB.

Singapore takes lead over Thailand and Vietnam in wooing Chinese tourists back

Singapore has outpaced its neighbors in regaining Chinese tourists, boasting a 96 percent recovery rate, well ahead of Thailand and Vietnam.

China urges citizens to avoid gambling in Singapore

China's embassy in Singapore issued a strong advisory to its citizens, urging them to refrain from any form of betting while in the city-state, citing violations of Chinese laws regarding overseas gambling.

Singapore’s tourism growth to slow amid elevating competition: Insider 

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.

Visa-free and historical low ringgit drive Malaysia to outperform: Tradeview Capital CEO

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

Maybank trims Genting Singapore profit estimates despite optimistic outlook

Although maintaining a ‘cautiously optimistic’ outlook for Genting Singapore in 2024, Maybank cuts its EBITDA and core net profit estimates by 6 percent and 11-12 percent, respectively.