11 May '11, 9pm

Fortune likely to favour Singapore's gaming sector

SINGAPORE - The chips were down for the local gaming sector last week but its fortunes are set to change. Analysts say they expect stocks of gaming companies such as Genting Singapore to stage a strong rebound in coming weeks. This is due to easing concerns over Genting's profit outlook and expectations of higher tourist arrivals that will provide a boost to earnings. Analysts are bullish about the long-term prospects of the two integrated resorts here as tourist arrivals are expected to continue to rise over the next two to three years. "The medium- to long-term story for tourism remains very strong," says Mr Wong Sui Jau, Fundsupermart general manager, citing the 20 per cent growth in tourist arrivals last year. However, some market watchers say the local gaming industry could face a policy risk. In a report on Monday, Nomura Equity Research said "investors may be concer...

Full article: http://www.todayonline.com/Business/EDC110512-0000342/For...

Tweets

Stocks of gaming companies to rise in coming we...

channelnewsasia.com 11 May '11, 3pm

SINGAPORE : Prospects in the local gaming sector remain bright and its fortunes look set to grow further. That is accordin...

Customer Satisfaction In Retail Sector Increase...

business.gov.sg 12 May '11, 3am

Customer Satisfaction Index of Singapore (CSISG) reveals that the customer satisfaction score in the retail sector has ris...

DTN Singapore: Customer satisfaction in Singapo...

channelnewsasia.com 11 May '11, 7am

SINGAPORE: Customer satisfaction has reached an all time high in the retail sector, according to the latest Customer Satis...

SNA - Singapore's New Cabinet Likely To Be Anno...

SINGAPORE, May 15 (Bernama) -- Prime Minister Lee Hsien Loong is likely to unveil his cabinet line-up in the coming week b...

Genting Singapore scores with high rollers: by ...

todayonline.com 12 May '11, 9pm

SINGAPORE - Integrated resort operator Genting Singapore has returned to the black in the first quarter, thanks to high-ro...