Gaming | February revenue almost halves

Macau gaming revenue almost halved in February as a crackdown on corruption in China kept high-­stakes gamblers away during the peak Lunar New Year holiday period. Gross gaming revenue in the

Chinese rushing to buy property for Portugal visa get burned

Billboards in Chinese at Lisbon’s international airport peddling luxury properties leave little doubt about who is buying real estate in Portugal. While the ads offer a chance at securing a so-called

Goldman partner who called Japan’s demise sees similarities with China

Forecasts for China to surpass the U.S. as the world’s main economic power are misplaced. So says an observer who foresaw Japan’s eventual demise a year before its land-price bubble

Corporate Bits | World champion boxer Amnat Ruenroeng meets Sands China employees at the Venetian

“The Junior Hotelier at Sheraton Macao is a special program that takes edutainment to new heights,” explained Mr. Josef Dolp, Sheraton Macao Hotel, Cotai Central Managing Director. “It is a

Samsung ditches plastic design, adds mobile pay in new phone

Samsung, locked in a tight race with Apple to be the world’s biggest smartphone maker, has unveiled an important new phone that ditches its signature plastic design for more stylish metal and

Corporate Bits | Sands China invites 100 elderly to the Venetian for CNY activities

On Friday, a group of elderly from the Macao General Union of Neighborhood Associations was invited to The Venetian Macao’s lagoon area to see the Seasons of Prosperity display. They

Corporate Bits | MGM Macau gives bedding to underprivileged groups

As a way to celebrate the Chinese New Year, the Volunteer Team has always given out gifts to the community. This time around, MGM has tailor-made 1,200 set of bedding

Hong Kong rolls out measures to cool booming property market

Buyers of properties valued at up to HKD7 million (USD900,000) will have to make larger down payments, while mortgage rules for second-home purchases will be tightened, Norman Chan, the head

China said to tax past capital gains by international funds

China plans to collect capital gains taxes from foreign money managers that invested in mainland markets during the five years through November 2014, a move that may compel funds to

Ask the Vet | 10 Most Toxic Plants for Cats

Try to give your cat grass to prevent it from eating your plants, and to be safe, keep only plants such as catnip or wheat grass, which are not hazardous

Real Estate Matters | The Most Important Questions To Ask……..

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: How smart are you…emotionally?

As poker players we’re always trying to improve our “mental games.” There are lots of ways to work on that side of things that don’t necessarily have to happen at

Corporate Bits | ‘The Fountainside’ awarded occupancy permit

Regional property investment manager, Sniper Capital, announced yesterday that it has been awarded an occupancy permit for its luxury Macau residential development dubbed “The Fountainside”. Located close to Lilau Square,

Billionaire Li’s companies post biggest profits in 15 years

Li Ka-shing’s two main companies reported their highest annual profits in 15 years after booking gains from the listing of an electric utility unit and rising home sales in Hong

Too big to manage? HSBC’s chiefs to testify on tax scandal

First there was money laundering. Then foreign-exchange rigging. Now tax evasion. HSBC, Europe’s biggest bank, has endured a string of  scandals and paid millions in penalties to regulators around the world. But

Corporate Bits | 8-day hotel sale offers available at Sands Resorts Cotai Strip and Sands Macao

The Venetian Macao is offering accommodation for two in a Royale Suite, while Sands Macao is promoting its Deluxe Suites. The Four Seasons Hotel Macao likewise is offering accommodation for

Honda to replace its CEO amid air bag crisis, sales drop

Honda Motor Co. — hurt by falling sales and embroiled in a crisis over defective air bags — is replacing its CEO. The Japanese automaker said Monday that Takanobu Ito, its

Gulliver seeks extreme solutions as HSBC breakup option seen

HSBC Holdings Plc Chief Executive Officer Stuart Gulliver, up against rising capital demands and a sluggish global economy, is facing calls to break up Europe’s largest bank after saying profitability

Corporate Bits | Execujet sees significant growth opportunity in the region

ExecuJet Aviation Group is predicting an acceleration in its growth in Australasia, as clients in the region increasingly turn to support organizations with global experience and scale. Speaking yesterday at Avalon

HSBC CEO Gulliver kept millions in Swiss account while paying low HK taxes

HSBC Holdings Plc, struggling to contain a political storm over the bank’s facilitation of tax evasion through its Swiss unit, said Chief Executive Officer Stuart Gulliver paid taxes after setting

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