FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Airports of Mozambique plans to restructure loans of USD500 million after a slide by the nation’s currency against the dollar undermined the state-owned company’s ability to repay loans, its chairman
In honor of the upcoming Italian National Day, the Sheraton Grand Macao Hotel is “Celebrating Italy at Bene” throughout the month of June with entertaining pizza performances, an exclusive wine
The world economy risks getting caught in a “low-growth trap” if governments don’t spend more on investments, open up to trade, and make reforms, a top economic forum warned yesterday. The
China’s factory activity was feeble last month, according to two surveys released yesterday, indicating that official efforts to reverse a downturn in the world’s second-biggest economy are struggling. The country’s massive
Boyd Gaming said it’s selling its 50 percent stake in Atlantic City’s top casino to MGM Resorts International, which owns the other half. It will get USD900 million plus half of
Last week Sands China Ltd held its three-day Clean Plate Challenge for the second straight year, in support of World Hunger Day. Nearly 58,000 team members completed the challenge, which forms
German automaker Volkswagen saw its net profit fall 19 percent in the first three months of the year — but showed it can still make money even as it grapples
Cotai Water Jet is launching two new promotions for passengers including a “Macau Residents Buy- One-Get-One-Free Promotion” and a “Birthday Promotion.” Macau identity card holders who purchase full fare Cotai First
Caught between China on the one side and the U.S. on the other, Taiwan’s dollar is in danger of greater losses than any other emerging-market currency in Asia. Strategists see the
HSBC Holdings Plc is strengthening its oversight of its safe-deposit boxes in Hong Kong as the U.K. bank moves to bolster its defenses against financial crimes. The London-based lender has introduced
As the name indicates, Vinexpo is all about wine and now surely one of the major exhibitions in the world for wine and spirit professionals. It is in many respects still
China’s largest private property developer, the Wanda Group, opened an entertainment complex on Saturday that it’s positioning as a distinctly homegrown rival to Disney and its USD5.5 billion Shanghai theme park
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
MGM China has launched the two-week “Golden Lion Health Campaign” for employees to promote the importance of a healthy work-life balance. According to a statement from the company, over the
Chinese e-commerce giant Alibaba wowed investors when it went public in the U.S. in September 2014, and its profits have bucked Wall Street expectations amid the Chinese economy’s slowdown. Yet its unorthodox business
More than 150 employees from across all Sands China properties gathered at The Venetian Macao on yesterday to participate in World Challenge Day 2016, where together they completed an activity
Anglo-Dutch oil company Royal Dutch Shell says it will trim at least 2,200 jobs globally amid challenging times in the oil industry. The losses are in addition to cuts already being
Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, plans to build a music venue in Las Vegas with Madison Square Garden Co., taking aim at competitors
Purchases of new homes in the U.S. surged in April to the highest level since the start of 2008, pointing to a robust spring selling season for builders. Sales jumped 16.6
Gaming tycoon Stanley Ho has bought prime land site off Singapore’s famed Orchard Road shopping belt, in the first transaction of a redevelopment site for a hotel in this location
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