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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.
February 15, 2018
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
February 13, 2018
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
January 03, 2018
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
November 06, 2017
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.
September 19, 2017
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.
September 07, 2017
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
September 06, 2017
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.
August 14, 2017
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.
July 11, 2017
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.
June 28, 2017