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How a billionaire s cruise empire imploded in Hong Kong | Business and Economy

How a billionaire s cruise empire imploded in Hong Kong

It’s a stark example of how the coronavirus brought once-thriving businesses to their knees, which has the potential to impact cruise customers across the region.

How the pandemic left a billionaire s cruise empire imploding in Hong Kong

By Yantoultra Ngui Lim Kok Thay started a cruiseferry and gambling boat business in 1990s Hong Kong and turned it into one of Asia’s biggest cruise operators. It was a labour of love, as well as a way to diversify the casino business set up by his father, Lim Goh Tong, in Malaysia. Under the now 70-year-old Kok Thay, Genting Hong Kong Ltd. expanded its fleet of ships, bought

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