Corporate Bits | Melco invites youth volunteers to distribute mooncakes

To give this annual tradition a meaningful touch, Melco Crown Entertainment invited over 20 local youths – who are just turning 18 this year, and are participants of the Adult

Air China profit falls as weaker yuan hits costs

The state-owned carrier reported late Tuesday that profit fell to 474.4 million yuan (USD77 million) for the January-June period from 1.1 billion yuan last year. Revenue rose 7 percent to 49

Malaysia Airlines set for shakeup after disasters

Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers. Khazanah Nasional, the state investment

Corporate Bits | Hung Fook Tong achieves encouraging growth in first set of interim results

The Group’s total revenue increased by 24.4% to approximately HKD364.9 million compared to the corresponding period in 2013. Gross profit was up 25.3%, reaching HK$220.6 million, while gross profit margin

Vanke offers Alibaba shoppers up to USD325,000 in discounts

China Vanke Co., the country’s biggest real estate developer, teamed up with Alibaba Group Holding Ltd. to offer discounts of as much as USD325,000 to home buyers who also shopped

Luk Fook to expand jewelry stores as landlords slow rent demands

Landlords are forgoing rent increases or asking for smaller gains when leases come up for renewal, Luk Fook Chairman Wong Wai Sheung said in an interview on August 21. The

Corporate Bits | Airasia announces usd13 flights with “megasale” fares

The Kuala Lumpur based economical airline is offering sale fares from Australia to the Malaysian capital, with onward flights and flights from Australia to Bali. The loss of flight MH370 in

Corporate Bits | CEM and Macau Federation of trade unions jointly hold “one day @cem”

A total of 19 high school and college students participated in the “One Day @CEM”, and students were dispatched to various departments of the company for one-day work experience. To

Toyota’s most rugged Land Cruiser back in Japan 

Toyota is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-roader that’s favored for challenging terrains and as an aid agency vehicle in

Sony’s PlayStation network hacked

PlayStation Network and Sony Entertainment Network, which enable gamers to play each other and access content, had been taken off line by a so-called distributed denial of service attack, the

Sinopec’s profit climbs on wider crude-processing margin

Net income rose to 32.5 billion yuan (USD5.3 billion), or 0.28 yuan a share, 30.3 billion yuan, or 0.25 yuan, a year earlier, the Beijing-based company, known as Sinopec, said

Vegas’ storied Sahara casino reborn, transformed

That’s no mirage. The Las Vegas Strip has a new casino in business on the foundations of the old Sahara. A USD415 million pleasure palace called the SLS Las Vegas — short for

IBM sets aside rivalry to partner with China’s Inspur

IBM formed a partnership with Inspur Group Ltd. after the Chinese company tried to lure away customers with its “IBM to Inspur” marketing campaign. IBM’s database and WebSphere software will be

Corporate Bits | CESL Asia’s Kid’s movie day animates 80 local children’s summer

The fourth ‘Kid’s Movie Day’ was to benefit less fortunate kids from the Cradle of Hope Association, Caritas Family Services, ECF Macau Fellowship Orphanage, ‘Mong-Ha’ Children and Youth Home and

ASK THE VET |10 common types of injuries that cause dog limping

Soft Tissue Injury This is the most common cause of limping for dogs. They include sprains, muscle pulls, and similar minor traumas. They are not serious, and can be successfully treated

ENERGY | Coal gas boom in China holds climate change risks

By Jack Chang, Hexigten Deep in the hilly grasslands of remote Inner Mongolia, twin smoke stacks rise more than 200 feet into the sky, their steam and sulfur billowing over herds

PHOTO SHOP | Stallone and Schwarzenegger light up The Expendables 3 movie screening

  Friday night shone as Hollywood’s legendary action stars Sylvester Stallone and Arnold Schwarzenegger greeted a local audience at the red carpet at the Venetian Macao. Before the special screening of

State SOE managers to be replaced in reform plan

Government- appointed executives at China’s state-owned enterprises will be replaced by private-sector managers as reform of the companies gathers speed, the South China Morning Post reported. New managers at the so-called SOEs

Growth in China manufacturing weakens in August 

The preliminary version of HSBC’s manufacturing index, released yesterday, fell to a three-month low of 50.3 from 51.7 in July, indicating that manufacturing businesses are barely growing. The index, based on

Corporate Bits | I want music “cool” concert takes the stage at Venetian Macao

I Want Music “COOL” concert kicked off in Shenzhen in March and attracted a sellout crowd. Featuring Leehom Wang and Bii from Taiwan; Wei Chen, Hu Xia, Chopsticks Brothers -

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