Didi cashes up to go global in next stage of Uber battle

Didi Chuxing has scored another investment from SoftBank Group Corp. in a massive funding round that will bankroll the Chinese ride- hailing leader’s exploration of new markets

Ride-hailing | China’s Didi targets Taiwan expansion with franchising model

Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the

Social Media | Facebook under fire as German antitrust cops target ad model

Facebook Inc. is on a collision course with one of Europe’s most powerful regulators as Germany’s Federal Cartel Office attacked the way the social

Corporate Bits | Sands China hosts roadshows for SMES

As part of Sands China’s Local Small, Medium and Micro Suppliers Support Programme, two local SMEs contracted by Sands China are currently holding roadshows at the

MGM marks tenth anniversary with inaugural staff

The senior management team at MGM Macau and its 8,900 Golden Lion Team members celebrated the company’s 10-year anniversary in Macau yesterday. Celebrating

CEPA | Two new agreements to integrate Macau further with national development

Two new agreements, both under the framework of the Mainland and Macau Closer Economic Partnership Arrangement (CEPA), were signed yesterday with the aim of “advancing integration of

Corporate Bits | Sheraton, St. Regis gather women from the industry

In keeping with Marriott International’s commitment to develop and empower future women leaders, Sheraton Grand Macao Hotel and The St. Regis Macao recently brought together nearly

Japan Gaming Congress returning ahead of IR bid

The Japan Gaming Congress will return in 2018 with a conference at the Conrad Tokyo from May 10 to 11. Returning for its third year, the

Packer testifies in Israeli PM scandal

Israeli police questioned Prime Minister Benjamin Netanyahu for about four hours yesterday over two corruption scandals surrounding the long-ruling leader, one of which involves Australian gaming

Monetary Authority raises base rate 0.25pct

The Monetary Authority of Macau raised the bate rate of the discount window last week by 25 basis points to 1.75 percent, making it the fifth raise

Corporate Bits | Janet Mcnab receives hotelier award

The managing director of Sheraton Grand Macao Hotel, Cotai Central and The St. Regis Macao, Cotai Central, Janet McNab, received top honors at last week’s prestigious

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

5. Question: Can my landlord throw me out of my apartment? Yes, but only under certain circumstances. These include; If a tenant does not pay rent

China suffers natural gas shortage as coal ban backfires

Chinese authorities have commandeered supplies of natural gas to heat homes, forcing chemical plants and factories to shut down, after efforts to clear smog-choked

Singapore Air says capacity still a challenge

Singapore Airlines      Ltd.’s chief executive officer said that surplus capacity in the industry remains a challenge and the marquee carrier’s focus continues to

Corporate Bits | Sands celebrates outstanding team members

Sands China Ltd. held its eighth “Because We Care” Team Member Awards recently at The Parisian Macao’s Parisian Theatre, where it honored outstanding team members who

Angola too small for four phone operators, Dos Santos Says

Angola’s plan to allow a fourth telecommunications company to enter the market will make life tougher for existing operators and probably lead to consolidation, according

Environment | The whole world is paying the price for cleaner air in China

China’s war against smog is lifting prices for energy all over the world, according to analysts at Goldman Sachs Group Inc. and the International Energy

Corporate Bits | Mayday set to perform in Macau for three days

Taiwanese rock band Mayday will perform three concerts at The Venetian Macao’s Cotai Arena on January 26 to 28, 2018, as part of their 20th anniversary

Corporate Bits | Sands China donates mop2 million to elderly home

Sands China Ltd. presented a cheque for just over MOP2 million to Macau Holy House of Mercy yesterday to help with the cost of restoring its

For Disney CEO Bob Iger, Fox deal is all about future of TV

When news broke last month that Walt Disney Co. was in talks to buy a large part of 21st Century Fox Inc., the first question

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