Corporate Bits | Venetian Macao included in forbes travel guide list

The Venetian Macao is one of the instantly recognizable properties on the Cotai Strip, attracting millions of visitors every year. The resort boasts over 650 duty-free shops, the 15,000-seat Cotai

Guangdong plans to include new industries in Carbon Exchange

China Emissions Exchange, which overseas carbon trading in every part of the province except the city of Shenzhen, has finished looking at the greenhouse gas emissions of six industries including

WuXi said to tap banks for spinoff of USD1.5 billion biologics arm

WuXi PharmaTech (Cayman) Inc., China’s biggest contract medical researcher, has picked banks for an initial public offering of its biologics unit that could value the business at about USD1.5 billion, people with

Scientists find cause of Takata air bag explosions

  Scientists hired by the auto industry have determined that multiple factors — including moisture and high humidity — can cause some Takata air bags to inflate with too much force and

Corporate Bits | Multiple forbes awards for Melco Crown

“The company once again succeeded in leading the luxury travel ratings across Macau by holding eight Forbes Five Star Awards and one Four-Star Award, making these two properties the places to

Aviation | Qantas reports half-year profit trebled to USD497 million

The Australian airline’s net profit for the six months through December was up 239 percent on AU$203 million for the previous corresponding half year, boosted by the AU$448 million saved

US: Rent prices are still climbing, just not as fast as before

Home rental price growth slowed down in January — as even sizzling markets such as the San Francisco Bay Area, Denver and Portland are cooling. Real estate data firm Zillow said

HSBC 2015 profit dips as it warns of bumpy financial outlook

HSBC warned of a “bumpier” global financial outlook thanks to China’s slowing economy, as it reported yesterday that profit dipped slightly last year. Europe’s biggest bank posted a net profit of USD13.5

Pacific Northwest could become hub for methanol production

  The Pacific Northwest could become a major hub for methanol production if three proposed refineries are built along the Columbia River and Puget Sound. A China-backed consortium, Northwest Innovation Works, has

Corporate Bits | Celebrity foodies gathered at the Venetian for CNY

Renowned food critic Chua Lam; Raymond Guo, president of Rimowa China; professional boxer Zou Shiming and his wife Ran Yingying, a former CCTV TV host; Weijia Li, celebrity TV host

Retail | Gucci brand returns to growth

  French luxury-goods maker Kering SA reported fourth-quarter revenue growth that beat analysts’ estimates as the Gucci brand showed the first signs of a turnaround under Chief Executive Officer Marco Bizzarri

Tourism | Sheraton’s fast-tracked growth in Asia Pacific

The Sheraton Hotels & Resorts is expected to announce accelerated growth plans for the Asia Pacific region today, based on its ten-point plan designated “Sheraton 2020,” which was announced in

Corporate Bits | Wynn resorts listed by fortune magazine

According to a press release, Wynn Resorts topped the category “Quality of Products/Services,” having been chosen from among all international hotel companies. High marks for innovation, people management, quality of

Real Estate Matters | Handling humidity in your apartment. There’s no escaping the mould!

Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties for owners and investors, and providing attractive and comfortable homes for tenants. We

Corporate Bits | Cotai Water Jet releases discount e-coupons

Until December 31, 2016, followers of the account can register to receive an e-coupon that entitles them to a range of discounts on Cotai Water Jet ferry tickets. Three discount e-coupons

Gas prices will jump sixtyfold in Venezuela

  President Nicolas Maduro announced a currency devaluation and gasoline price hike yesterday in an attempt to shield Venezuela’s oil-dependent economy from collapse and fend off mounting calls for his ouster. Gas

Hong Kong retailers suffer from slump

Hong Kong retailers Chow Tai Fook Jewellery Group Ltd. and Sa Sa International Holdings Ltd. reported slumping sales over Chinese New Year as the number of mainland tourist visitors tumbled. Same-store

China’s ‘happiness economy’ intact in CNY spending

China’s consumers increased spending on travel and entertainment as hundreds of millions of people traveled to spend time with family during the week-long holiday last week. People spent at least 312

Corporate Bits | Mia sees highest single-day traffic on record

The airport also set the highest single-day record since operations began at MIA on February 13, recording over 29,000 passengers and 204 flight movements. To enrich the seasonal atmosphere, MIA adorned

Corporate Bits | Mercedes-Benz HK introduces new coupé model

The company says that the Coupé offers “a new take on modern luxury: sportiness without compromising on comfort and exquisite style.” It comes with a choice of three petrol engines from

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