TagTourism

LATEST ARTICLES

LATEST NEWS

LET Group – AKA Suncity – focus to remain on ASEAN markets

LET Group mandated priorities in a post-COVID era are to remain strongly focused on ASEAN, with Vietnam, and the Philippines in particular, as key markets.

Recent arrest, repatriations, not POGO connected: PAGCOR Chair

PAGCOR clarified that the recent arrest of Chinese and other foreign nationals reportedly involved in illegal online gaming and their activities are not in any way related to legitimate POGOs.

SJM Resorts appoints Daisy Ho as Managing Director

SJM Resorts, through official release, announced the appointment of Daisy Ho as the Managing Director of the company.

Macau economy to contract, no clear prospects: UM study

The University of Macau Center for Macau Studies and the Department of Economics forecasts that the economy is likely to contract between 26.4 to 29.2 percent for the 2022 fiscal year. Local society "continues to see no clear prospects, effective economic recovery may be a long way off," the study cautions.

Macau Legend optimistic in positioning for rebound

Macau Legend remains bullish in junketless, pandemic hit Macau, estimating that when the tourism industry rebounds and recovery starts, the company is well-positioned to take advantage of the boom.

Angel Playing Cards buys back inventory from IPI

Angel Playing Cards is buying back the inventory it previously sold to Imperial Pacific (IPI), namely Angel Eye shoes and unused decks, which are...

Cambodian PM calls on local authorities to crack down on illegal gambling 

Cambodian PM Hun Sen reiterates his stance on illegal gambling crackdown and appeals to local law enforcement following an operation that lead to the arest of 152 and the shutdown of 87 illegal sites in the capital.   

Donaco’s Star Vegas, Aristo, recovery in the next financial year: CEO  

Donaco CEO Lee Bug Huy banks on the reopening of the Cambodia-Thailand land borders to fuel the company’s gradually recover in the next financial year.

Management is committed to ramping up capacity at Genting Malaysia

Genting Malaysia remains invested in building up capacity in the flagship Malaysian asset – Resorts World Genting, which contributes 69 percent to the total revenue pie, the company stated in an investor’s presentation.

LRWC raises $20m to fuel upgrades, expansion, Boracay

Leisure & Resorts World Corporation (LRWC) is intent on increasing capital by 40 percent, at around $20 million, to upgrade infrastructure, expand operations, revisit Boracay, as markets reopen.

Macau economy to contract, no clear prospects: UM study

The University of Macau Center for Macau Studies and the Department of Economics forecasts that the economy is likely to contract between 26.4 to 29.2 percent for the 2022 fiscal year. Local society "continues to see no clear prospects, effective economic recovery may be a long way off," the study cautions.

UPCOMING EVENTS

UPCOMING EVENTS