integrated resorts (IR)

Covid-19

Genting Singapore axes workers despite partial reopening

The global pandemic has hit other parts of the Genting group. Last month, Genting Malaysia reportedly cut 3,000 job cuts, or about 15% of its workforce.

Corporate moves

Genting Singapore independent director Koh sells all his shares — as is his usual practice

SINGAPORE (May 20): Genting Singapore independent director Koh Seow Chuan has been a board member since 2008. However, judging from his past behaviour, the retired renowned architect prefers not to hold shares in the company. According to a May 13 filing

In print this week

Infrastructure developments the gateway to job creation and economic growth

SINGAPORE (May 13): The expansion of the construction sector for the first time in 10 quarters has provided relief to Singapore’s GDP. The sector grew 1.4% in the first quarter of the year, following a surge in non-residential developments as well as a

Fitch betting on a good year for gaming in 2018

SINGAPORE (Dec 12): Fitch Ratings expects gaming operators and suppliers to see moderate growth globally in 2018 on the back of sound economic outlook across global gaming markets.

CIMB Looks Ahead

Chips are rolling in for Genting investors next year

SINGAPORE (Dec 6): CIMB is giving Genting Singapore (GENS) an “add” recommendation with a target price of 89 cents, while declaring Singapore’s gaming sector as “overweight”.
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