The resort arm of Malaysian conglomerate Genting Group is taking over operations of a gaming resort in the Bahamas.
Authorities in the Caribbean island nation say Genting will invest US$100 million to expand air and sea transport to the facility, the Bay Bay Resort, located on the tiny island of Bimini. The company will also develop a tourism master plan for the island, the government there says.
The resort’s 10,000-square-foot casino is scheduled to open in July.
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Hong Kong-listed Success Universe Group could see the total amount of financial assistance it has provided to Pier 16 – Property Development, the operator of Macau integrated resort Ponte 16, reach HK$839 million (US$107 million) under a 2025 Financial Assistance...
FBM Foundation led a relief operation across Luzon on Sunday 27 February to support the communities affected by Typhoons Crising, Dante and Emong, the company said. Focusing on swift mobilization, FBM Foundation prepared and distributed 1,000 relief packages in Batangas...
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