Hotels & Tourism
OUE HT suffers from less Indonesian visitors in 3Q
Success is hinging on Mandarin Gallery’s momentum.
OUE HT at risk as tourists vanish and competition intensifies
But Q3 results marginally beat IPO forecasts.
David Ong Mung Pang steps down as LCD Global Investments director
He decided to quit after 15 years as director.
David Ong Mung Pang steps down as LCD Global Investments director
He decided to quit after 15 years as director.
Hisaka Holdings appoints Su Chung Jye as executive chairman and CEO of Regal International Group
He has more than 20 years of work experience in the construction and property development business.
Singapore casinos' medium-term growth, profits threatened by regional competition
Potential changes to gaming policies also worrisome.
Oxley Holdings inks MOU to develop Cambodia’s first Shangri-La hotel
It will be operated by Oxley Gem.
GuocoLeisure names Michael Bernard DeNoma as CEO and director
He was CEO of the group's subsidiary in the United Kingdom.
Hotel assets sales up a whopping 200% in 3Q14
Major deals from InterContinental Singapore and Frasers Suites.
Sofitel in Sentosa launches world's largest So SPA
Future plans are finally revealed.
Daily Briefing: 25 fewer BTO flats next year; Singapore deemed top destination for 2015
And Maori All Blacks scrapped National Stadium match over poor pitch state.
Genting’s share price tumbled 29.4% on back of $81.6m trade receivables impairment
Core earnings may fall by 30% in Q3.
Marina Bay Sands’ earnings slipped 6% in Q3 as VIPs vanish
The mass-market segment is also saturated.
Tourist arrivals and spending dropped 6% in Q2: STB
Tourist shopping was hardest hit.
Chart of the Day: Take a look at the worrying drop in Singapore casinos’ VIP volumes in 1H14
A turnaround is unlikely for the city's gaming giants.
Go down gambling: Genting struggles to stay afloat as VIPs vanish
VIP volumes will plunge in 2H.