Milk-peddling brothers turn airline millionaires with China IPO

Two decades ago, the Wang brothers sold flavored milk and yogurt to children in China. Last week, they sold shares in their airline in an IPO to become millionaires. Their journey

Corporate Bits | Melco dragon boat team holds blessing ceremony

The Ceremony was officiated by Mr. Lawrence Ho, Co-Chairman and Chief Executive Officer of Melco Crown Entertainment; Mr. Ted Chan, Chief Operating Officer; Ms. Akiko Takahashi, Executive Vice President, Chief

Greece rules out capital controls if bailout talks fail

Greece’s government yesterday ruled out restricting access to bank accounts and the free movement of money if there is no breakthrough soon in tortuous talks with bailout creditors and its dwindling

Artsy coffee chain Blue Bottle brews long queues in Tokyo

  Japan, famous for green tea, is welcoming artisanal American coffee roaster Blue Bottle with long lines that have at times meant a four-hour wait for a cup. The company, which began

Corporate Bits | Sands China offering staff new career development opportunity

Nearly 400 participants had already signed up within five days of the program’s announcement, according to a press release. The program is one of the latest initiatives of the Sands China

South Korean court frees Korean Air ‘nut rage’ executive

A South Korean court on Friday suspended the prison term of a former Korean Air executive whose onboard “nut rage” tantrum delayed a flight last year, immediately ending her incarceration. The

Expedia sells stake in Chinese travel service

The news sent shares of the online travel company up more than 5 percent in midday trading Friday. Before the market opened, Bellevue, Washington-based Expedia said that it had sold its 62.4 percent

Corporate Bits | L’Arc Macau volunteers visit evangelize China Fellowship Children’s Home

After a briefing on the home’s facilities and children’s daily life by the staff, the volunteer team got involved in a series of interactive games with the kids until the

Real Estate Matters | The most important questions to ask when you sell: part 2

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 | Pura Vida

One of my favourite aspects of playing poker for a living is freedom. I can manage my own schedule, set my own goals, and go on vacation whenever I want.

Hewlett-Packard sells stake in mainland unit for USD2.3B

A group owned by the Chinese university, Tsinghua Holdings, will purchase the 51 percent stake in a new business called H3C. The deal values the businesses at $4.5 billion net

Survey shows China manufacturing down for 3rd month in a row 

Manufacturing in China shrank for the third straight month in May as demand remained soft, raising the chances of more stimulus to prop up growth in the world’s No. 2 economy. HSBC’s preliminary

Corporate Bits | Macao water launches various e-services

The Company’s first Mobile App will be available in June 2015. Through the app, customers can manage their water usage on a smartphone, including balance check or bill payment, electronic

Burberry lowers outlook as China shoppers shun Hong Kong

Earnings in the period through March 2016 will be about 40 million pounds ($62 million) less than previously anticipated, London-based Burberry said yesterday. Adjusted pretax profit fell 1 percent to

Disney opens first mainland retail store in Shanghai

The Walt Disney Co. opened its first Disney Store in China, getting started on a major expansion into the world’s second-largest economy. The store, at 9,257 square feet, is Disney’s largest in

Corporate Bits | Sands Macao celebrates 11th anniversary with community and staff

On Monday, the special meal gift packs were offered to taxi drivers arriving at the hotel. It is an annual tradition for Sands Macao to show appreciation to local cab

Greek market jitters ease on hope for bailout deal

Market anxiety eased in Greece yesterday after the country’s finance minister said he was confident of reaching a deal with bailout creditors as soon as next week. Shares were up almost

From German wineries to Chinese factories, US dollar echoing

For Americans, there are cheaper vacations in Europe and lower-priced imports. A Chinese factory is selling fewer goods in Europe. A U.S. toymaker’s exports are being squeezed. A German winery

Robert De Niro opens Asia’s 1st Nobu Hotel in Philippines

Robert de Niro and his business partners formally opened Asia’s first Nobu Hotel in Manila yesterday as the luxury brand gears up for global expansion. The 321-room hotel within the bayside casino and

Gaming | Okada finds partner for Manila casino

Japanese gaming tycoon Kazuo Okada’s group may have finally found a local partner to start commercial operations of its USD2 billion casino-resort project along Manila Bay next year, The Philippine

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