Page 38 - Gold Class News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Save Share When it comes to travel, the wipeout that was 2020 has been so deeply etched that it hardly needs summarising. Virtually everyone has cancelled a holiday many times over, and the “credit points” bank is close to overflowing. Global international arrivals for the year dropped 75 per cent compared to 2019 figures – marking a return to 1990 travel volumes, according to the United Nations World Tourism Organisation. The Asia-Pacific suffered the biggest drop of any region this year, with 82 per cent fewer inbound tourists. As the world deals with the swings and roundabou...

Cathay Cineplexes and Golden Village mull over possible merger Details 11 December 2020 Cathay Cineplexes’ parent company mm2 Asia, and Golden Village’s parent company Orange Sky Golden Harvest Entertainment, have agreed to a possible merger of their cinema businesses in Singapore. According to a SGX listing, the merger would make the combined business the largest cinema operator in Singapore. The merger will also provide advantageous economies of scale, as well as more financial and operating stability to mm2 Asia’s cinema business. The propo...