PETALING JAYA: The gaming sector is expected to benefit from a recovery in consumer sentiment, following the reduction of goods and services tax (GST) rate to 0%, reintroduction of petrol subsidy and the promise of a minimum wage increase to address the higher cost of living.
In a sector update report yesterday, UOB KayHian said other multiple catalysts ahead for the gaming sector include Genting Malaysia’s (GENM) opening of 20th Century Fox theme park by year-end after numerous delays.
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