Tourism-related stocks enjoy lift amid easing of Covid-19 restrictions
TOURISM-RELATED companies listed on the Singapore Exchange have mostly had a good run so far this year, with the easing of the Covid-19 restrictions both in Singapore and around the world.
The easing of restrictions related to travel and safe distancing, as well as the gradual resumption of larger-scale activities in many countries, have boosted the stock prices of listed companies in the aviation and hospitality sectors.
Resort operator Genting Singapore : G13 0% has garnered some attention. Reports emerged on Friday (Jul 15) that MGM Resorts International has approached the company’s controlling shareholder, the billionaire Lim family, to express interest in a deal.
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