Your Daily Asia Gaming eBrief: Philippines provides top investment environment: DFNN

Good Morning. Political stability and massive potential mean that investing in the Philippines is an absolute no-brainer, explains DFNN's chairman Ramon Garcia Jr, noting that conditions are only improving as changing regulatory environments make it easy to set up and thrive. In Malaysia, the recovery of Resorts World Genting could rely on none-other than the weather, notes Maybank. And in South Korea, Mohegan's Inspire Resort is on target for its soft opening in September.

What you need to know

• DFNN Chairman: the Philippines providing the ideal conditions for investment, as political stability and changing regulations allow for confidence.
• Resorts World Genting recovery could depend on weather conditions, as visitors still concerned over landslide last year.
• Mohegan's first venture into Asia - Inspire in South Korea - is on track for its phased opening in the 4Q23.

On the radar

• AGTech expects to report 1Q23 profit of $4.2 million.
• Testing mandates for entering China via Macau, masks re-implemented.
• China's top health body says risk of COVID outbreaks is low.

AGB Intelligence

PHILIPPINES

PH investment environment unrivalled: DFNN's chairman

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