Chow Tai Fook Enterprises eyes USD4 billion Vietnam casino project

“We are interested,” Henry Cheng, a director at the closely-held investment company, said in a Nov. 28 interview about the casino resort in the central Vietnam province of Quang Nam.

Banking | China drafts deposit insurance in move to free interest rates

The government will insure deposits of as much as 500,000 yuan (USD81,367) per saver at each bank covered, the People’s Bank of China said in a draft rule on its

Corporate Bits | MGM donates MOP500,000 to ‘Tung Sin Tong’

On Friday, Galaxy Entertainment Group (“GEG”) launched a special series of holiday events to help Macau ring in the festive season. This year’s centerpiece is Christmas Charity Santa’s Village, which

Ask the Vet: A basic guide to veterinary acupuncture

Acupuncture Principles Acupuncture is a treatment that may be applied in pets as well and is an alternative healing method. This type of treatment has been developed by the Chinese people and is based

Gift Guide: Lots of tablet choices, oh my!

Time for a tablet? People tend to hold onto tablets longer than smartphones, so take time to weigh your options. A major consideration is what phone you or your gift

Wal-Mart dismisses 30 China executives in restructuring

The departure of the executives, including directors and more senior staff, is to streamline and simplify the business and is “consistent with actions taken over the last several months,” Ray

Mercedes owners in China are wealthiest, study finds

Mercedes-Benz owners in China are probably successful and wealthy entrepreneurs while those who drive a Cadillac are likely white-collar workers, according to a brand study released Wednesday. Those were among the

Corporate Bits: The Smurfs live on stage at the Venetian Macao

In The Smurfs Live On Stage – The Smurfs Save Spring the evil wizard Gargamel, sworn enemy of the Smurfs, hatches a plan to trick Mother Nature and turn off Spring

Real Estate Matters | The Best Places to Live in Macau (Part 4)

Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties

Project Poker: The road family

The tour is cranking back up again, with the stops in the Isle of Man and London and then more after that. One thing I've come to realize when traveling

Beijing widens ‘tax-evasion’ net amid Microsoft case

The payments - including 840 million yuan ($137 million) in back taxes, interest and more than 100 million yuan in additional annual disbursements going forward - were detailed in a

Chow Tai Fook plots new grounds to chase China’s tourists

Chow Tai Fook Jewellery Group Ltd. plans to open new stores outside its main markets in Hong Kong and China, as it chases its Chinese customers outside familiar territory. “While overseas

Corporate Bits | MGM Macau rocks out with a tribute to Amy Winehouse this Friday

The one-night-only affair will be packed full of Winehouse’s signature hits, including “Tears Dry On Their Own,” “Back to Black,” “Valerie,” “Me and Mr. Jones,” and her chart-topping, Grammy award

Chow Tai Fook Profit plunges 23pct on gold price rebound

Net income for the six months to end-September slumped to HK$2.69 billion (USD347 million) from HK$3.51 billion a year earlier, the jeweler said in a statement to the Hong Kong

Corporate Bits | Hotel Okura Macau selected ‘Best Urban Business Hotels’

Hotel Okura Macau’s management celebrated the achievement on the occasion of the visit on November 13th of Okura’s Vice Chairman, Mr. Marcel van Aelst (seated 2nd from left) and President,

CGN Power seeks USD3.2b in biggest Hong Kong IPO in 2 years

CGN Power Co., China’s biggest producer of nuclear energy, is seeking as much as USD3.2 billion in what could be the largest initial public offering in Hong Kong in two

Mainland investors turn sellers through HK stock link

Mainland Chinese investors briefly turned net sellers of Hong Kong stocks through the city’s bourse link for the first time yesterday, after taking up just 6.1 percent of daily buying

Corporate Bits | Second Pro boxing extravaganza coming to Shanghai

Fist of Power II features seven bouts including two regional title fights for Chinese boxers, who regard the upcoming event as a warm-up for shooting for world titles next year. Yang

Google targeted as EU weighs call to split search providers

One draft obtained by Bloomberg News asks regulators to tackle what it says are abusive practices by the Internet search provider. The European Commission should “consider proposals with the aim

China chases growth amid global slowdown

China’s central bank unexpectedly slashed interest rates on Friday to re-energize the world’s No. 2 economy, joining a growing list of major economies that are trying to encourage growth in the

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