Cruise Business in Asia Is Booming, Says Genting CEO

The video discusses the growth of the cruise industry in Asia, particularly in China, and the impact of the US-China trade dispute. It covers a lawsuit involving Disney and Fox, affecting Genting Malaysia's shares. The potential for market growth in Macau and Japan is explored, along with the company's shipbuilding efforts and expansion into luxury cruise markets. The video concludes with reflections on 25 years of industry experience and future plans.

What is the main reason for the booming cruise industry in Asia?

• Increased tourism from Europe

• Decline in air travel

• Growth of the middle class and economy

• Government subsidies

How has the lawsuit with Disney and Fox affected Genting Malaysia shares?

• Shares doubled in value

• Shares remained stable

• Shares have decreased by 50%

• Shares have increased by 50%

What is the company's strategy if the theme park remains at a standstill?

• Focus on other facilities and expansion plans

• Sell the theme park

• Partner with Disney for a new project

• Shift focus to the European market

What is the current state of the Macau gambling market?

• Experiencing consistent growth

• Facing potential slowdown

• Completely stable

• Rapidly declining

What is the company's approach to bidding for licenses in Macau?

• Only partner with local companies

• Open to all options, including partnerships

• Focus solely on Japan

• Avoid bidding altogether

What is the focus of the company's shipbuilding business?

• Developing military vessels

• Exclusively building cruise ships for their brand

• Building ships for various cruise lines

• Manufacturing cargo ships

What is the company most proud of after 25 years?

• Pioneering the cruise industry in Asia

• Acquiring multiple airlines

• Dominating the European market

• Building the largest theme park