tourism

Global Markets

Technology is modernising China’s Lunar New Year holiday

BANGKOK (Feb 15): In many ways, China’s Lunar New Year holiday is America’s Thanksgiving, Christmas and Independence Day all rolled into one.

Global Markets

MGM opens new US$3.4 bil resort in Macau

HONG KONG (Feb 13): MGM Resorts International’s debut of its US$3.4 billion ($4.5 billion) property Tuesday is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncerta

Broker's Calls

OUE Hospitality Trust's early refinancing to result in higher DPU, says RHB

SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F

Travel

Comforting the Caribbean

It is business as usual throughout most of the region, and tourism on islands that are back in action will speed recovery everywhere else Just as cruise ships provided much-needed relief for evacuees of Caribbean islands during the one-two punches of Hur

Broker's Calls

Why UOB is calling a 'hold' on SIA

SINGAPORE (Sept 19): UOB Kay Hian is maintaining its “hold” call on Singapore Airlines group with a target price of $10.10, valuing the group’s core airlines operations at 0.7 times FY18 forward earnings.

Aviation & Engineering

How Gulf carriers are adapting their business in turbulent times

SINGAPORE (Sept 7): After enjoying a decade of unrivalled growth and earnings stability, the Middle East’s “super-connectors” – Emirates, Etihad Airways and Qatar Airways – have hit some serious turbulence this year.

Broker's Calls

CAO primed to achieve greater heights on China’s burgeoning tourism market: Maybank KE

SINGAPORE (Sept 6): Maybank Kim Eng says it likes China Aviation Oil (CAO) as one of the largest jet fuel physical traders in the Asia Pacific (APAC) region, the group’s strategy for the expansion of its core China jet fuel supply business, as well as i
From Reuters

Results

Straco posts 23.4% increase in 2Q earnings of $11.4 mil on higher number of visitors

SINGPORE (Aug 14): Straco, the developer and operator of tourism-related attractions, announced that its 2Q17 earnings increased 23.4% to $11.4 million from $9.3 million a year ago.

Global Markets

Gloom for retailers as Chinese tourists spend less on shopping

SHANGHAI (July 11): They’re still coming in droves -- but no longer buying in spades.

Aviation & Engineering

Thailand's tourist boom puts a strain on its airports

BANGKOK (June 28): Thailand’s tourism bounty comes with a big challenge for the head of state-run Airports of Thailand Pcl: expanding passenger capacity in Bangkok by about the size of South Korea’s population.
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