Once poised for greatness, the fall of cruise company Genting Hong Kong

January 19 was a black day for Hong Kong’s tourism and leisure sector: Genting Hong Kong, which owns Dream Cruises, Crystal Cruises and Star Cruises, announced it was filing for bankruptcy and appointing liquidators.The chairman and founder, Malaysian billionaire Lim Kok Thay, stood down two days later as the company, headquartered in Hong Kong and once hailed as a pioneer of Asian cruising, found itself floundering.The entire global cruise industry has been devastated by Covid-19 but,…

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