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Genting SP Next Move
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Gencasino
Senior |
15-Feb-2017 10:49
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SINGAPORE: Singapore' s tourism sector thrived last year despite challenging economic conditions, with both visitor arrivals and tourism receipts exceeding forecasts to hit historical highs, according to figures released by the Singapore Tourism Board (STB) on Tuesday (Feb 14). Visitor arrivals grew 7.7 per cent to 16.4 million in 2016, driven by absolute growth in key markets where STB had been intensifying marketing efforts, the agency said during its press briefing on Tuesday. For instance, there were 36 per cent more visitors from China, while Indonesia and India saw 6 per cent and 8 per cent growth respectively. Meanwhile, tourism receipts rose 13.9 per cent to S$24.8 billion on the back of food and beverage, shopping and accommodation spending, the agency said. STB has also been promoting Singapore as a destination for business tourism, supporting more than 410 business events last year - 15 per cent more than the year before. These events contributed 343,000 to visitor arrivals and generated approximately S$611 million in tourism receipts, it added. STB' s chief executive, Lionel Yeo, said the agency was " heartened" by the strong tourism sector performance in 2016. " Despite challenges such as a weaker economic performance in some of Singapore' s top source markets and a Zika virus outbreak, Singapore has managed to attract more quality visitors to contribute to economic growth." The statutory board has implemented a slew of measures in the past two years to raise tourist numbers, including a S$20 million global campaign to attract more visitors in 2015, as well as restructuring to improve the productivity of the hotel and travel agent industries. STB also supported a total of 52 technology-related projects through funds to help industry stakeholders improve their operations. |
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Gencasino
Senior |
15-Feb-2017 10:44
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http://www.businesstimes.com.sg/government-economy/singapore-gets-record-visitor-arrivals-tourism-receipts-in-2016 http://www.straitstimes.com/singapore/tourists-spent-record-248b-in-singapore-in-2016-arrivals-also-hit-record-high-of-164m Tourists spent record $24.8b in Singapore in 2016 arrivals also hit record high of 16.4m tourists Q4 results looking up. |
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taxiuncle
Veteran |
15-Feb-2017 10:26
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Is awake after sleeping for so long. |
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pinkowl
Supreme |
12-Feb-2017 16:00
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Very good indeed. Next coupon coming soon.
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pinkowl
Supreme |
12-Feb-2017 15:59
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They offer free room stay, entice people to come. When they come, they would gamble, or spend money in RWS for entertainment or food. It' s genting' s common strategy - malaysia and now in Sg.
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lorann
Senior |
12-Feb-2017 15:32
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Genting 5.125% looks good |
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Eddyson
Senior |
11-Feb-2017 20:47
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Went inside the casino last 3 days, business very good....much more crowed then last year although hotel is different, GSP is giving free hotel stay for 2 nights to members & if it is your birthday another 2 nights free.Looks like hotel no business or over built. |
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ecekca
Elite |
10-Feb-2017 20:46
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excluding the one time gain, i think it will be flat or lower
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JohnMurphy
Member |
10-Feb-2017 13:54
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Seems like all waiting for the earnings announcement. | ||
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taxiuncle
Veteran |
10-Feb-2017 13:02
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Market is so good and yet this can't move . Seems something is wrong here. | ||
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JohnMurphy
Member |
10-Feb-2017 11:05
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Must close above 0.985. Range bound 0.96 - 0.985. |
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ecekca
Elite |
07-Feb-2017 18:56
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hmm.. genting quite high now
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buffel88
Member |
06-Feb-2017 13:30
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no one looking at this counter ? consolidating now |
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JohnMurphy
Member |
01-Feb-2017 14:28
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Earnings annoucement this month. |
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Goldfinger
Supreme |
01-Feb-2017 14:11
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If they announce any new casino venture or plans for Vietnam or Japan - think it will go ballistic. | ||
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JohnMurphy
Member |
01-Feb-2017 10:36
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Heavy trading. Upside. |
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ecekca
Elite |
31-Jan-2017 21:24
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price should have priced in since announcement
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anthonykwong
Supreme |
31-Jan-2017 20:44
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Cannot compare the Architecture if MBS vs the Architecture of RWS.
CREDIT TO THE ARCHITECT WHO DESIGNED MBS. Ask the tourists here ~ they will talk about MBS Architecture more..... AS FOR RWS : NO COMMENT TO WHOEVER THE ARCHITECTS WHO DESIGNED RWS
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investshare
Supreme |
31-Jan-2017 20:21
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MBS plan to sell stake in Shoppe. I think Genting can do similar thing, or spin off a REIT? | ||
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Gencasino
Senior |
31-Jan-2017 16:51
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Expecting good results with profit of 90m from korea and ops profit of around 200m.... | ||
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