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Slow Singapore recovery leads to “negative” Genting outlook: S&P
Ratings agency Standard & Poor’s has reaffirmed Genting Malaysia’s BBB rating, but says the outlook is “negative” due to a slower-than-expected recovery in Singapore.
Can domestic tourism fill the void?
Jurisdictions around Asia are noting a strong surge in domestic tourism as a result of the pandemic, but border reopenings remain some way off and local traffic is unlikely to do enough to offset lost revenue in the IR industry.
Star Gold Coast to focus on local high rollers
Star Entertainment’s Gold Coast property plans to focus on luring Australia’s high rollers in the absence of overseas tourists, Group Executive of Operations Geoff Hogg told a local newspaper.