Maybank Investment Bank (IB) Research said Resorts World Genting, “RWG' is buzzing once again post-Covid. We are also encouraged that Indonesia has agreed to lift its ban on sending its citizens to Malaysia to work from Aug 1, 2022 which we hope will ease the labour shortage.”
KUALA LUMPUR: Genting Malaysia Bhd
may see a better second-quarter 2022 (2Q22) in terms of earnings, as Resorts World Genting (RWG) is experiencing the return of gaming traffic after the Omicron wave in 1Q22, according to Maybank Investment Bank (IB) Research.
“RWG is buzzing once again post-Covid. We are also encouraged that Indonesia has agreed to lift its ban on sending its citizens to Malaysia to work from Aug 1, 2022 which we hope will ease the labour shortage,” said the research unit.
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