Corporate Bits | Family summer activities at MGM Macau

MGM Macau is offering a wide array of fun-filled activities, including creative workshops, interactive experiences at the aquarium, nail and body art as well as  themed cuisines for families to

Lufthansa, EasyJet warn of terror threat to airline profit

European airlines are warning that more turbulence is ahead for their bottom lines as terror attacks sap demand for short- and long-haul travel during the crucial summer travel season, with

Hong Kong stock benchmark enters bull market, erasing 2016 loss

Hong Kong’s benchmark stock index erased losses for the year to enter a bull market amid a broad advance for regional equities. Property developers led gains. The Hang Seng Index added

Gaming | Tycoon Okada’s Universal wages biggest bet in Manila casino

Kazuo Okada, Universal Entertainment Corp. chairman and former Steve Wynn partner, plans to challenge Macau in wooing Chinese gamblers to his Manila casino resort that could cost USD4 billion and is

Corporate bits | Sands restaurants receive wine spectator awards

Six restaurants at Sands Resorts Cotai Strip Macao and Sands Macao have once again received recognition from U.S. lifestyle magazine Wine Spectator for their outstanding wine lists. Portofino, North, Canton and

Cathay drops after CEO says performance ‘below expectations’

Cathay Pacific Airways Ltd. slumped the most in three weeks after Asia’s biggest international carrier said first-half performance was “below expectations” and yields were under “intense pressure.” Shares snapped six days

London home presales slump 34pct as Brexit woes intensify tax pain

Sales of London homes under construction slumped 34 percent in the second quarter as the prospect of a vote to leave the European Union damped demand already hurt by higher

Corporate bits | Sands China, MDA hold ‘Silent Afternoon Teas’

Around 100 Sands China Care Ambassadors spent time last week at The Venetian learning about what life is like for the hard of hearing, at an event jointly organized by

Copper drops on outlook for credit tightening in China

Copper fell with most industrial metals amid speculation that credit conditions in China, the biggest user, will curb demand in the second half of the year. Nickel held last week’s

Gaming | Tsogo waits on South Africa rebound while expanding casinos

Tsogo Sun Holdings Ltd. is positioning itself for an economic rebound in South Africa as the continent’s largest gaming and hotels company upgrades casinos in its core market. While there’s enough

Auto industry | Audi’s positive prospects regarding Macau’s car market

Audi, a German car brand, is hoping for Macau’s automobile market to stabilize later this year as its sales in Hong Kong are recuperating due to an improvement in the

Corporate bits | Airport staff awarded certificates by U.S. Consul General

Terminal management services staff members Carbel Choi and Michael Iun of the Macau International Airport were awarded a “Certificate of Appreciation” by the U.S. Consulate General in Hong Kong and

Enjoy your cheap summer airfares: You’ll pay more next year

During the summer vacation season, think of a commercial airplane as a flying, broken cash machine: It spits out profit from June to September, but come autumn, the money slows. That’s

Discount jumps most since 2012 on Adama stake sale to ChemChina

Discount Investment Corp. saw the biggest gain in almost four years after entering into an accord to sell its remaining stake in Adama Agricultural Solutions Ltd., the world’s largest maker

Real Estate Matters | Is my security deposit safe? Part 1 of 3

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

China’s love for SUVs hits maker of Chairman Mao’s Red Flag limo

The maker of Chairman Mao’s Red Flag limousine is finding it tough to compete as Chinese buyers increasingly desert sedans for SUVs. FAW Car Co., a publicly traded unit of state-owned

Corporate Bits | Mandarin oriental announces new Chinese executive chef

Mandarin Oriental Macau appointed Wong Tak Wing as its new Chinese executive chef. Bringing over 22 years of expertise, the chef aims to bring the dining experience to the next level

SARs residents surge into Zhuhai’s property market

Zhuhai has made 34 land transactions in the first half of 2016 in to an enclosing area of approximately 2,303,400 square meters. This represents an increase of 24.59 percent year-on-­year.

Airbus, Boeing get a boost from Asia’s appetite for air travel

Asia’s hunger for travel gave a lift to Airbus Group SE and Boeing Co. on Day 1 of the Farnborough Air Show. Carriers in China and Vietnam ordered new planes

Corporate Bits | Venetian announces Portofino’s new senior chef

The Venetian Macao has announced the appointment of Domenico Cicchetti as Senior Chef of the award-winning Italian restaurant, Portofino. In his new role, Chef Cicchetti will lead the culinary team and

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