The Business Times
business-time-50

Tourism-related stocks enjoy lift amid easing of Covid-19 restrictions 

google-preferred-sourceAdd BT as a preferred source
Uma Devi

Uma Devi

Published Mon, Jul 18, 2022 · 05:50 AM
    • Year to date, flag carrier Singapore Airlines is up 4.4 per cent as air travel picked up across many countries globally.
    • Year to date, flag carrier Singapore Airlines is up 4.4 per cent as air travel picked up across many countries globally. Photo: REUTERS

    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 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.

    TourismSingapore StocksCasinosAviationSingapore Airlines

    TRENDING NOW

    The real marketing for a hospital is the trust it builds and what is passed on by word of mouth, says Proud Patanavanich, assistant CEO at MedPark Hospital.

    MedPark’s assistant CEO runs a hospital where patients, physicians precede profits

    Nongfu Spring founder Zhong Shanshan warned during a CCTV interview that e-commerce is killing off emotional and spontaneous consumption

    E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan

    The Laos-China Railway links Vientiane to Boten on the Chinese border, and onwards to Kunming in Yunnan.

    Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains  

    Semakau now houses the city-state’s offshore landfill. The first refinery operates in Bukom, and an airstrip is located on Pulau Sudong.

    NDR 2026: Singapore to create new Western island to support 'new generation of industries'

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More