EXPLAINER | Chinese builder’s debt struggle rattles investors

Global investors are watching nervously as one of China’s biggest real estate developers tries to avoid a default on its $310 billion mountain of debt. Evergrande Group, which

MGM attains five awards at MORS

MGM Golden Lion Team attained a total of five Gold Pin Awards at the Macao Occupational Skills Recognition System (MORS) Gold Pin Competition. A professional honor recognized by the local

Sands Resorts Macao participates in ‘Macao Week in Chongqing’

Sands Resorts Macao participated in ‘Macao Week in Chongqing’ from Dec. 2 to 6, introducing The Londoner Macao to local residents about the British-themed integrated resort. The event

e-commerce | Alibaba appoints new CFO, reshuffles e-commerce businesses

China's largest e-commerce group Alibaba said it is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regulatory crackdown in the

Property | China tries to reassure on Evergrande as default fears rise

China's central bank released extra money for lending yesterday as the government tried to reassure the public it can contain the potential fallout if a troubled real

Sands China hosts film screening as part of education efforts on professionalism

Sands China Ltd. recently hosted a special film screening of “The Battle at Lake Changjin” for its team members at Cinema Alegria. This is the fourth film screening

Melco co-organizes 2021 WUCL Finals 

Melco Resorts & Entertainment brought an e-sporting experience to Macau as co-organizer of 2021 World University Cyber League (2021 WUCL) Finals.  For the first time, under a “one game,

Interview | Visa CEO says Covid caused permanent shift to digital payments

Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old parents are a prime example. The CEO of payments processing giant

Technology Resources Center celebrates second anniversary

The Macau Assistive Technology Resources Center celebrated its second anniversary on November 27 with a celebration ceremony and an open-house event. The activity provided the public an opportunity to learn more about

Sands China to pay bonus to non-management employees

Sands China Ltd. is distributing a discretionary allowance equivalent of one month’s salary to more than 25,000 eligible non-senior management full-time team members on January 17, 2022, the gaming operator announced

Investment fraud | Elizabeth Holmes gets emotional under fire by prosecutors

One-time entrepreneur Elizabeth Holmes, under questioning by prosecutors, struggled yesterday to recall key events that led to her facing criminal fraud charges for allegedly fleecing investors and customers of

Social media | New Twitter CEO steps from behind the scenes to high profile

Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs. But his prior lack of name recognition

F&B | Thai chain’s cannabis pizza: trendy but won’t get you high

One of Thailand’s major fast food chains has been promoting its “Crazy Happy Pizza” this month, an under-the-radar product topped with a cannabis leaf. It’s legal but won’t get you

Automakers | Nissan investing in electric vehicles, battery development

Nissan said yesterday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese

Tech | Samsung says it will build USD17B chip factory in Texas

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is

The St. Regis Macao announces festive menu

The St. Regis Macao is celebrating the festive season with a range of exquisite dining experiences at The Manor and the St. Regis Bar in December. The Manor will offer a

Melco hosts competition promoting patriotism

In celebration of the 100th anniversary of the Founding of the Communist Party of China, Melco Resorts & Entertainment hosted the “Melco Han Hero Chinese Knowledge Competition” for its employees at Studio City

Retail | Organized thieves hit high-end Bay Area stores amid trend

Groups of thieves, some carrying crowbars and hammers, smashed glass cases and window displays and ransacked high-end stores throughout the San Francisco Bay Area, stealing jewelry, sunglasses, suitcases and other

MGM and MUST organize culinary demonstration workshop 

MGM once again joined hands with the Faculty of Hospitality and Tourism Management of Macau University of Science and Technology (MUST) to organize a culinary demonstration workshop earlier this month. Neo Ng, pastry

Sands China donates MOP300,000 to Caritas Macau

Sands China Ltd. recently donated MOP 300,000 to Caritas Macau, in support of two annual Caritas Macau events, the 52nd Charity Bazaar and the 2021 Charity Run, marking Sands China’s

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