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RWS, MBS must still invest S$9 billion or risk higher taxes: MTI

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Annabeth Leow

Annabeth Leow

Published Fri, Jul 17, 2020 · 09:50 PM

    Singapore

    SINGAPORE'S integrated resorts (IRs) remain committed to their investment plans, despite the knock-out blow that the novel coronavirus pandemic has landed on the industry.

    Even so, a heftier tax burden still looms should either Marina Bay Sands (MBS) or Resorts World Sentosa (RWS) fall through on last year's pledge to plough a combined S$9 billion into new non-gaming attractions.

    CasinosForeign investmentSingapore economy

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