Real Estate Matters | 25 property questions we were asked this year – part II

20. Question: What is ‘Stamp Duty’ in Macau? Stamp duty is the government tax levied on buyers of properties, and is usually paid by the buyer, not

Eurozone economy heading for strongest quarter since 2011

The 19-country eurozone is set for its best quarterly performance since early 2011, according to a closely watched survey yesterday, the latest sign that a

India is said to discuss USD6b Lotte, Peugeot ventures

South Korean conglomerate Lotte Group and French carmaker PSA Group have separately discussed proposals to invest as much as USD6 billion combined in India, a move

Corporate Bits | MGM donates MOP1.2 million to Tung Sin Tong

MGM donated MOP1.2 million to the Macau Tung Sin Tong Charitable Society, including MOP500,000 to its annual fundraising campaign, and a special donation of MOP700,000

Corporate Bits | Wynn Macau receives accolade from Asiaspa awards

Wynn Macau’s “The Spa” at Encore has been awarded the “Spa of the Year (North & West Asia)” accolade at the AsiaSpa Awards ceremony held in

One country, two systems roils China’s mills as curbs bite

One country, two systems has come to the world’s largest steel industry. As China’s great environmental cleanup takes effect during the winter months, the stringent

Gaming | State gives initial OK for USD5.6m to help Icahn raze casino

The Casino Reinvestment Development Authority on Tuesday determined that a request by Icahn to use funds from state-mandated casino investment alternative taxes toward the $13.2 million

Billionaire Lao is said to weigh Cirsa Gaming options

Cirsa Gaming Corp. SA, the Spanish casino and bingo-hall operator owned by billionaire Manuel Lao Hernandez, is exploring options including an initial public offering or the sale of a

Property | Luxury flat on Hong Kong’s Peak sells for Asian record price

An unidentified buyer paid HKD132,000 (USD17,000) per square foot for a luxury flat in Hong Kong’s exclusive Peak neighborhood, making it Asia’s most expensive apartment by

Demand for gold in China lifts profit at world’s top jeweler

Chow Tai Fook Jewellery Group Ltd.’s profit increased for a second consecutive six-month period as demand for gold products lifted sales at the world’s

Corporate Bits | Guangzhou auto looks to enhance China tie-up with Fiat

Guangzhou Automobile Group Co. is in talks with Fiat Chrysler Automobiles NV to deepen their tie-up in China, as the world’s largest car market looks to relax some

Corporate Bits | MGM Cotai ‘Grand Opening offers’ announced

Ahead of its opening on January 29, 2018, MGM Cotai is launching “Grand Opening Offers”, a series of packages that are available to be booked, starting

Analysis | A Singapore tax increase would be nectar for Hong Kong

Asia’s two rival financial centers are starting to look very different, and the gap is going to widen. The divergence of Singapore and Hong

Tesla wants to electrify big trucks, adding to its ambitions

After more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type of vehicle:

Chinese group is said near deal to buy Lloyds Bank London HQ

Lloyds Banking Group Plc is in exclusive talks to sell and lease back its City of London headquarters to a company linked to China’s Hengli Group, two

FILM | Fallout continues for Weinstein and his former company

Weinstein and his former company were hit Wednesday with a proposed class action lawsuit that targets what it called the producer’s “casting couch” harassment and abuses.

Real Estate Matters | 25 Property Questions We Were Asked This Year

We end the year again with another list of the most popular questions that we were asked throughout the year. 25. When should I get my 2

Spotify maintains faith in post Brexit U.K. with new office

Spotify will move to the Adelphi building, which overlooks the River Thames and is just a few steps from Trafalgar Square and the Charing Cross rail

Corporate Bits | MGM China recognized with anti-slavery award

In addition to holding events to bring together local stakeholders in the government and NGO sector, the company has held a number of internal anti-human trafficking

Environment | Merkel to address climate talks amid calls for coal exit

World leaders arrived at global climate talks in Germany yesterday to give the negotiations a boost going into the final stretch, as campaigners called for

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