MGM China | Gaming market has ‘stabilized’

Gaming operator MGM China reported a total revenue of HKD14.9 billion for the 2016 financial year.  In the year under review, MGM China recorded

Melco Crown | Q4 revenue up 13 percent

Melco Crown Entertainment Ltd. yesterday reported its unaudited financial results for the fourth quarter and for the full year ending December 31, 2016.

Seac Pai Van’s water plant size trimmed

Macau’s water distributor Macao Water Supply Co Ltd has reduced the land size of its Seac Pai Van water plant, whose construction is expected to begin in

China casino crackdown infects Sydney as Star VIP turnover hit

China’s clampdown on overseas casino operators is being felt in Sydney as Star Entertainment Group Ltd. reported a slump in its international high-rollers business after the detention of

Singapore to ease VC rules to promote financing for startups

Singapore is proposing to ease regulations for venture capital managers including shortening their application process in a bid to promote financing for startup development. Under

Toyota hopes revamped plug-in sells better than first model 

Toyota has revamped its plug-in hybrid with a longer cruising range and quicker charging, including from a regular home plug, hoping it will sell better than the

Hong Kong | TVB sweetens buyback offer; shares soar

Television Broadcasts Ltd. sweetened the terms of its share buyback offer after Hong Kong’s dominant free-to-air TV broadcaster received an unsolicited bid for 29.9 percent of

Singapore still sees value in F1, tourism chief says

Singapore is still interested in hosting the Formula One race if the terms are right, and discussions on keeping the event in the Southeast Asian nation

Corporate bits | MGM Resorts International to support Hong Kong art project

MGM Resorts International will support Art Basel’s public art project in Hong Kong, strengthening its ongoing partnership with the world’s premier international art show. The

Corporate bits | MGM Macau launches new gastronomy concepts

MGM Macau has added two new concept restaurants to its gastronomic lineup with the opening of North and South.  Located at Square Eight, which has undergone

China’s tech tycoons see their health-care dreams hit by reality

In 2014, billionaire Jack Ma, founder of online retail giant  Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier.

Bank of France warns voters on cost of Euro exit

Bank of France Governor Francois Villeroy de Galhau cautioned French voters about the costs of withdrawing from the euro, noting that local interest rates are already

Chow Tai Fook group | With patriarch ill, spotlight turns to Cheng family’s next king

One of Hong Kong’s four richest dynasties is preparing for a leadership transition that may test the adage that family fortunes don’t last beyond three generations.

A quarter of the world’s GDP is undergoing big experiments

Radical. That’s probably the single adjective that best covers the disparate economic policies being pursued in Asia’s three largest economies. In Japan the government of Shinzo

Corporate bits | Air Macau launches new operations building

Air Macau has announced the official launch of the Air Macau Operation Building located at Avenida do Aeroporto. An opening ceremony was held yesterday, signifying the

Walt Disney increases park prices as much as 4.9 percent

Walt Disney Co. raised ticket prices at most of its domestic theme parks from 1.9 percent to 4.9 percent, more modest increases than last year when