Genting down on luck in wake of pandemic
KUALA LUMPUR (May 21): Genting Malaysia Bhd has been dealt a poor hand this year, the 55th anniversary of the founding of the group, The Edge reported today.
Genting Malaysia announces restructuring exercise, including pay cut and 'rightsizing of workforce'
KUALA LUMPUR (May 22): As the Covid-19 pandemic hits it hard, Genting Malaysia Bhd (GENM) has announced that it is undertaking a restructuring exercise at its home operations including voluntary pay cut and "rightsizing its workforce".
Covid-19 closures push Genting into the red with RM133m quarterly loss
KUALA LUMPUR (May 21): Following the temporary closure of the group’s resorts and casinos worldwide due to the Covid-19 outbreak, Genting Bhd sank into the red with a net loss of RM133.
Genting Malaysia slashes headcount when chips are down
KUALA LUMPUR (May 21): Genting Malaysia Bhd is believed to have announced to its employees that the casino group needs to undertake an unprecedented sizable retrenchment exercise, according to sources.
Genting Malaysia loses RM417.9m in 1QFY20
KUALA LUMPUR (May 21): Severely affected by the Covid-19 pandemic, Genting Malaysia Bhd posted a net loss of RM417.
Miami-Dade commissioners want to reduce US$59m yearly tab for Miami-South Beach monorail link
KUALA LUMPUR (May 21): Miami-Dade commissioners have warned that they wanted a final plan for a cheaper price tag than the current US$59 million yearly tab for the Miami-South Beach monorail system, according to the Miami Herald.
Genting wants Miami-Dade to fund US$770m Miami-South Beach monorail link: Report
KUALA LUMPUR (May 15): The Genting Group wants Miami-Dade to fund a US$770 million (RM3.
Resorts World Genting outlets to stay closed until further notice
KUALA LUMPUR (May 12): Following the conditional movement control order (CMCO) with loosened restrictions announced by Prime Minister Tan Sri Muhyiddin Yassin, Resorts World Genting said its resorts at Genting, Awana, Kijal and Langkawi will remain closed until further notice.
MCO extension: Genting Malaysia resorts to remain closed until May 12
KUALA LUMPUR (April 24): Genting Malaysia Bhd said Resorts World Genting, Resorts World Awana, Resorts World Kijal and Resorts World Langkawi will continue to be closed until May 12, following the announcement by Prime Minister Tan Sri Muhyiddin Yassin to extend Malaysia’s Movement Control Order (MCO).
Genting group plans pay cuts
KUALA LUMPUR (April 21): Malaysia’s casino-to-hospitality conglomerate Genting Bhd.
