SINGAPORE – Media OutReach Newswire – 22 November 2024 – Wine enthusiasts in Singapore can embark on a global wine adventure at Wine Connection’s Wine Tasting Fair 2024. Held on November 23rd and 24th at the Wine Connection Bistro @ Robertson Walk, the two-day event offers a chance to explore over 170 wines from across the globe, including exclusive sneak peeks at the upcoming 2025 New Collection. […]
Featuring Hong Kong’s first ink art carnival InkFinity Fair with a blend of interactive games and art engagements HONG KONG SAR – Media OutReach Newswire – 21 November 2024 – UOB Art Academy and UOB Hong Kong are pleased to announce the return of the “UOB Art in Ink Festival” (Festival), Hong Kong’s premier ink art celebration, running from 13 to 29 December 2024 at the West […]
Their project, SilentGuide, is a pair of smart glasses that transcribes spoken words into subtitles, to help individuals with hearing impairment participate more meaningfully in social conversations SINGAPORE – Media OutReach Newswire – 21 November 2024 – Samsung Electronics Singapore has crowned Team redbluegold from Anglo-Chinese School (Independent) as the grand winner of its Solve for Tomorrow 2024 competition in Singapore. The team, comprising Aiden Lim and […]
SINGAPORE – Media OutReach Newswire – 21 November 2024 – Aon plc (NYSE: AON), a leading global professional services firm, today appointed Magnus Roe as global chief data and analytics officer. This appointment is part of the firm’s strategy to advance its commercial solutions with analytical capabilities and empower clients to make better decisions. Magnus Roe Roe will be based in Singapore, Aon’s global analytics hub, and […]
Celebrate the Art of Gifting with Sarah Andelman’s First Large-Scale Installation in Asia Featuring Collaborations with 10 Renowned International Artists Join Us at LANDMARK for a Creative Workshop with Japanese Artist-Duo, Ribbonesia, and Collect Limited-Edition Items from FriendsWithYou, Kasing Lung, Mr.A, Nina Chanel Abney—All In Support of Charity Partners Through Hongkong Land HOME FUND HONG KONG SAR – Media OutReach Newswire – 20 November 2024 – This […]
DigiLeap is a first-of-its-kind AI-driven platform connecting over 200 enterprises, including financial institutions and technology providers, to expedite Singapore and ASEAN’s transition to net-zero. Utilising advanced AI algorithms, DigiLeap customises matches between green projects and decarbonisation solutions, enhancing access to sustainable financing and innovative technologies. Aligned with COP29 priorities, DigiLeap drives impactful climate action across key sectors such as energy, construction, and real estate, fostering substantial environmental […]
HONG KONG SAR – Media OutReach Newswire – 20 November 2024 – Opportunity London, a new public-private initiative aimed at attracting capital investment to the city, will be heading to the Asia Pacific market for the first time. With a unique prospectus featuring 12 active projects valued at over US$12 billion, it will showcase specific investment opportunities across six asset classes – Low Carbon, Life Sciences, Leisure […]
Singapore’s Gambling Regulatory Authority (GRA) has reduced the renewal period for the casino license of Resorts World Sentosa (RWS) to two years, citing underperformance in tourism contributions as the reason. This marks a significant shift in regulatory measures for one of the city-state’s two integrated casino resorts. Traditionally granted a three-year license, the shortened renewal highlights growing concerns over the resort’s ability to meet strategic objectives in boosting Singapore’s tourism sector.
The GRA’s decision comes amidst its increasing oversight of the gaming industry, which has seen heightened regulatory scrutiny since the authority’s establishment in 2022. Resorts World Sentosa, operated by Genting Singapore, was evaluated on its operational performance, social responsibility standards, and contributions to Singapore’s reputation as a global destination. Officials noted that RWS failed to meet expectations in attracting foreign visitors and delivering robust tourist performance, a key benchmark for its license renewal.
Industry observers have connected the GRA’s stricter stance to broader challenges faced by RWS, including a decline in international patronage. Despite its prime waterfront location and the allure of attractions like Universal Studios Singapore and the S.E.A. Aquarium, RWS has reportedly struggled to recover fully from the impact of travel restrictions over the past few years. Additionally, Singapore’s casino entry levies for citizens and permanent residents, doubled in 2019, may have influenced visitation dynamics.
RWS’s operational challenges are compounded by regulatory enforcement actions against the casino. Over the past year, the GRA has penalized the establishment twice for failing to perform customer due diligence, resulting in fines totaling SG$95,000. These infractions point to lapses in compliance with Singapore’s stringent Casino Control Regulations. The penalties, alongside the shortened license period, reflect the regulator’s focus on enforcing standards to ensure accountability within the gaming sector.
To address the issues raised, Genting Singapore has announced plans for a substantial reinvestment into the resort. A US$5 billion expansion project aims to revitalize Resorts World Sentosa, with promises of enhanced attractions, upgraded accommodations, and advanced gaming technology. The redevelopment is part of a broader strategy to align the resort with Singapore’s ambitions to remain competitive as a global tourism hub. Analysts suggest that the expansion could provide a much-needed boost to the resort’s appeal, especially to international visitors.
The GRA’s decision underscores the shifting dynamics in Singapore’s gaming landscape. While the casino industry has been a lucrative pillar of Singapore’s economy, contributing significantly to tax revenues and employment, the emphasis on aligning gaming operations with broader tourism goals has become more pronounced. The reduced license duration sends a clear message to operators about the government’s expectations for maintaining high standards of performance and responsibility.
Despite the setback, RWS remains one of the cornerstones of Singapore’s integrated resort strategy, which pairs casino gaming with non-gaming attractions to enhance visitor experience. Its counterpart, Marina Bay Sands, continues to set benchmarks for integrated resorts globally, and is in the midst of its own multibillion-dollar expansion.
The MOU will establish the Security Technology Experience Centre (STEC), a dedicated hub for delivering training and upskilling initiatives to security professionals SINGAPORE – Media OutReach Newswire – 20 November 2024 – Canon Singapore (Canon Singapore Pte. Ltd.) today announced a strategic partnership with Temasek Polytechnic to advance the professional development of security personnel in Singapore. The Memorandum of Understanding (MOU), signed between both parties and witnessed […]
The AI Lab will collaborate with ecosystem partners including government agencies, research organisations, and technology firms. The Lab will also work with institutes of higher learning to provide local students with hands-on experiences and internships. SINGAPORE – Media OutReach Newswire – 19 November 2024 – Prudential plc (“Prudential”) today launched the Prudential AI Lab in Singapore, with the aim of accelerating the adoption of AI, generative AI […]
10 Singapore Companies to be Assessed for the Inaugural Influential Brands Sustainability Awards in March 2025 SINGAPORE – Media OutReach Newswire – 19 November 2024 – Global ESG Monitor (GEM), a Think Tank for Corporate Sustainability, provides analysed, scored and comparable sustainability reporting data across 70 industries based on the latest reporting periods. Influential Brands is Asia’s premier platform for celebrating business excellence whilst Mileage Communications is […]
Exclusive Trade Masterclass with Tim Mondavi at High House SINGAPORE – Media OutReach Newswire – 19 November 2024 – Monopole is proud to host a Trade Masterclass at High House, welcoming the legendary winemaker Tim Mondavi’s visit to Singapore. Tim shares his secret to redefining Napa—revealing his journey from establishing Continuum Estate to creating an iconic new chapter with Continuum and Novicium. With this, he is breaking […]
SINGAPORE – Media OutReach Newswire – 18 November 2024 – The esteemed Golden Bull Award, a hallmark of excellence and leadership in the business community, proudly unveils its latest cohort of honorees—20 exemplary Singaporean businesses that capture the diverse and dynamic spirit of the nation’s SMEs. This year’s award celebrates these organisations for their outstanding performance, pioneering innovation, and unwavering resilience in navigating challenges. These honorees were […]
By Nantoo Banerjee from Manila The US-backed new Philippine Maritime Zones Act and Archipelagic Sea Lanes Act clearly defining the extent and boundaries of the country’s maritime zones and nullifying China’s sweeping claims in the South China Sea promises to raise fresh tensions in the region threatening to affect the estimated global maritime trade of […]
Shoppers can enjoy 12 days of exciting deals from top local and international brands, including Dyson, De’Longhi, SMEG, Bose, Hasbro, Bioderma and more Celebrate Black Friday at Amazon.sg Holiday Playground with exciting activities during selected time periods on 22 and 23 November at SuperPark Singapore SINGAPORE – Media OutReach Newswire – 18 November 2024 – (NASDAQ: AMZN) – Amazon Singapore today unveiled an exciting lineup of Black […]
Pure Harvest Smart Farms, a UAE-founded controlled environment agriculture (CEA) company, is positioning itself for further growth as it sets its sights on expanding operations beyond the Middle East. Following significant milestones in its domestic and regional markets, the company is now exploring opportunities in the USA, Mexico, Morocco, and Singapore. This expansion aligns with the company’s long-term vision of becoming a global leader in the technology-driven […]
The US-based private capital software platform sets up base in Sydney as part of Investment NSW’s efforts to grow New South Wales into a thriving global hub for business. SYDNEY, AUSTRALIA / SINGAPORE – Media OutReach Newswire – 14 November 2024 – Carta today announced its expansion into the Australian market, marking a significant milestone in the company’s roadmap to connect more startups and investors with its […]
SINGAPORE – Media OutReach Newswire – 14 November 2024 – Honour (Singapore) announced the appointment of Mr Mohammad Alami Musa as the new Chairman of the Board effective 14 November 2024. Mr Alami will succeed Mr Lim Siong Guan, who has been its founding Chairman since its establishment in 2014. Honour (Singapore) is a not-for-profit, donor-funded charity dedicated to the mission of promoting a culture of Honour […]
SINGAPORE – Media OutReach Newswire – 15 November 2024 – Woh Hup, an esteemed name in the world of Asian sauces, proudly marks its 88th anniversary this year. Known for its delicious sauces, concentrated stocks, and instant noodles, Woh Hup has embarked on a remarkable journey fueled by a passion for crafting recipes that have stood the test of time, beloved by both professional chefs and homemakers. […]
SINGAPORE – Media OutReach Newswire – 15 November 2024 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has been honored by the Financial Times (FT) as one of the Best Employers in Asia-Pacific (APAC) 2025. This inaugural award, conducted in partnership with Statista, recognizes TDCX’s commitment to creating an exceptional work environment for its employees. TDCX’s strong workplace practices have […]
SINGAPORE – Media OutReach Newswire – 15 November 2024 – Panasonic announces its latest promotional campaign, a lucky draw with three pairs of Singapore Airlines business class air tickets to Japan up for grabs. The campaign runs from November 15, 2024, to February 9, 2025. Panasonic’s Win a Trip to Japan Campaign Upgrade Home Appliances and Win a Trip to Japan This is an opportune time to […]
SHANGHAI, CHINA – Media OutReach Newswire – 15 November 2024 – Frost & Sullivan released the Emerging Asia-Pacific Big Data Market Research Report, 2024, in October 2024. The report provides an in-depth analysis of the big data market across key emerging markets in the emerging Asia-Pacific region, including Hong Kong SAR, the Philippines, Indonesia, Malaysia, Singapore, Thailand, Bangladesh and Sri Lanka. The report highlights the critical role […]
MSB, Backbase and SmartOSC announce partnership in signing ceremony HANOI, VIETNAM – Media OutReach Newswire – 15 November 2024 – Backbase, creator of the Engagement Banking Platform, today announces that Maritime Commercial Joint Stock Bank (MSB), has made a strategic investment in the Backbase Engagement Banking Platform, with local implementation support from Backbase’s partner, SmartOSC, a premium digital enabler. This milestone marks a pivotal step in MSB’s […]
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 November 2024 – Cake by VPBank (Cake), Vietnam’s largest digital bank by user base, revenue and product variety, announced the launch of its first fully cloud-based Card Management System (CMS) in collaboration with Visa. The new cloud-based CMS utilizes Visa Cloud Connect on Google Cloud infrastructure as its access model to the Visa network. This innovative […]
