Corporate Bits | Sands China, Fuhong Society enjoy day of delicacies

A group of around 30 Sands Cares Ambassadors spent time with about 65 members of the Fuhong Society of Macau on May 17, performing a service activity together

Hong Kong’s Alibaba craze may finally pay off with mega-deal

Hong Kong is getting a second chance to land the record- breaking deal that got away. Five years after Alibaba Group Holding Ltd. spurned the

China’s first bank seizure since 1998 shows hidden loan risk

China’s first government takeover of a bank in more than two decades has underscored the potential for increased stress at regional lenders that piled into off-book

Corporate Bits | Sands china employees can now enrol in central provident fund

Sands China Ltd. has announced that its local resident employees can enrol in the government-promoted Non-Mandatory Central Provident Fund (CPF) System beginning July 1, 2019. According to

Starbucks will license Thai operations to focus on China

Starbucks Corp. agreed to license its Thailand operations to a partner, in the latest sign that the coffee behemoth is sharpening its focus on its key

Japan | New bullet train model hits record speed

A new model of bullet train set to enter service ahead of the Tokyo Olympics hit a record speed of 360 kilometers (224 miles) per hour in a test

Borgata casino unveils $12m sports bet, nightspot project

Atlantic City’s Borgata casino is investing $12 million in a new sports betting and entertainment project. Casino officials tell The Associated Press it will open a sports bar

Corporate Bits | World-famous cabaret back at the Parisian by popular demand

World-famous and celebrated cabaret, Crazy Horse Paris, will return to The Parisian Macao’s The Parisian Theatre from September 25 to October 5 with its best of show, Forever

Tourism | Saudi Arabia seeks to transform Red Sea beaches

Saudi Arabia is seeking private sector investment to turn an archipelago, desert and mountains - an area about the size of Belgium - on its Red Sea coast

Gaming | Atlantic City casino earnings way down amid more competition

More casinos have meant less profit in Atlantic City since two gambling halls reopened last summer. Figures released Wednesday by the New Jersey Division of

For many wealthy Brazilians, Portugal is becoming the new Miami

Brazilian entrepreneur Ricardo Bellino knows a good deal when he sees one. So after more than a decade living in Miami, he decided to move across

Corporate Bits | Grand Coloane to hold green fair in June

Grand Coloane Resort is set to bring “Boa Vida All Things Green Fun Fair” in collaboration with Macao Green Environmental Protection Association on June 2. The fair

corporate bits | Melco invites local youth to entertainment show Elēkrŏn

Recently, about 30 students and professionals from University of Macau’s Faculty of Business Administration and the Macau Marketing Institute were invited to a backstage tour of Studio City’s latest entertainment

Ask the Vet | Diet tips for geriatric dogs

Geriatric dogs need special consideration when preparing a diet and exercise regimen. Health and joint problems may require different tactics than those used for younger obese dogs.

Money laundering | Vancouver’s dirty figures: the smoking gun that wasn’t

When British Columbia released its bombshell findings last week that more than CAD7 billion (MOP42 billion) was laundered in a single year through the Canadian

Real Estate Matters | Top 20 questions on renting a property in Macau – 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

Gaming | House approves bill to aid casino bid by Massachusetts tribe

The U.S. House of Representatives on Wednesday (yesterday, Macau time) approved a bill reaffirming the right of a Massachusetts tribe to hold land in trust, a crucial step

Year after Supreme Court win, New Jersey sports bets thrive

The anniversary of New Jersey’s victory in a U.S. Supreme Court case clearing the way for legal sports betting across the nation was a happy one

CK Hutchison rejects accusation of HKD7.4 billion in hidden debt

Billionaire Li Ka-shing’s CK Hutchison Holdings Ltd. “may be concealing” HKD57.7 billion (USD7.4 billion) of debt as a result of aggressive accounting, a Hong Kong-based researcher said on

Corporate bits | CTM introduces promo to celebrate telecommunications day

In celebration of the annual “World Telecommunications and Information Society Day” event, CTM will introduce a series of promotions to its customers from May 17 to 31.

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