Exodus of online casinos empties Manila’s residential towers

An exodus of online casinos from Manila is slowly emptying the Philippine capital’s residential towers, pulling rents lower, according to property broker KMC Savills Inc. Next year could be worse,

HSBC CFO says shift to remote working may help deepen cost cuts

HSBC Holdings Plc is counting on the new normal spawned by the pandemic to boost its cost-cutting effort. A shift in customer behavior could reduce the bank’s reliance on its physical

Bank of China aims to boost debt team on offshore deal surge

Bank of China Ltd. plans to expand its headcount in the offshore bond business by 40% as it fights with global banks for a greater slice of a market that’s

China to sanction Boeing, Raytheon over arms sales to Taiwan

China will impose unspecified sanctions on the defense unit of Boeing Co., Lockheed Martin Corp., and Raytheon Technologies Corp. after the U.S. approved $1.8 billion in arms sales to Taiwan

Huawei, China firms said to seek curbs on Nvidia’s arm deal

Chinese technology companies including Huawei Technologies Co. have expressed strong concerns to local regulators about Nvidia Corp.’s proposed acquisition of Arm Ltd., people familiar with the matter said, potentially jeopardizing

Lai Heen at The Ritz-Carlton launches two new tasting menus

The Michelin-starred Lai Heen at The Ritz-Carlton, Macau has introduced two tasting menus to feature the flavors crafted by the restaurant’s Executive Chef, Jackie Ho, which capture the essence of

Shine Spa at Sheraton Grand Macao rolls out treatment packages

Shine Spa at Sheraton Grand Macao is offering a new range of great value offers and treatment packages, available now until December 19 and starting from MOP588, the integrated property

Cathay to cut 6,000 jobs and close Dragon Brand, says media report

Cathay Pacific Airways Ltd. will cut 6,000 jobs and close its Cathay Dragon brand, the South China Morning Post reported, as part of a strategic review to combat the deep

China’s economy plows on as world’s only major growth engine

China’s recovery from the coronavirus pandemic continued in the third quarter and showed signs of broadening in September as consumer spending accelerated, keeping the economy on track to be the

Wynn holds award ceremony for national drawing competition

Co-organized by Wynn Resorts (Macau) S.A. and the National Conditions Education (Macau) Association, the fourth ‘Wynn Cup – Macau Primary School Student National Education Drawing Competition’ award ceremony was held

Pansy Ho recounts experience of pioneering cultural tourism

Co-Chairperson and Executive Director of MGM China, Pansy Ho, was a guest speaker in the “New Concept, New Mindset, New Development” sharing session held on October 17, where she recounted

GOP megadonor Sheldon Adelson, wife finance anti-Biden group

Republican megadonor Sheldon Adelson and his wife have given $75 million to a new super PAC that is attacking Democratic nominee Joe Biden, an investment made amid GOP concern that

MGM presents Cheers, Macau! featuring German gourmet

  From October 23 to November 1, Cheers, Macau! will take place at Anytime, the atrium area situated under th Spectacle roof of MGM Cotai, every night from 6 p.m. to 11 p.m.

IMF envisions a sharp 4.4% drop in global growth for 2020

The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a

CTM to offer new iPhone 12 lineup

CTM will offer the new iPhone 12 lineup, including iPhone 12 Pro, iPhone 12 Pro Max, iPhone 12, and iPhone 12 mini, the telecommunication firm said in a statement. With an

MGM holds F&B training to members of Fuhong

MGM recently joined hands with Fuhong Society of Macau to provide a series of food and beverage related vocational trainings to the mental health rehabilitants of the association, who are

Yuan slumps most since march after PBOC acts to arrest gains

The offshore yuan tumbled the most in almost seven months after China’s central bank took steps to restrain the currency’s rally. The exchange rate slumped as much as 1.03% against the

EU ready to call Johnson bluff, betting he won’t quit talks

The European Union has no plans to offer concessions to Boris Johnson before next week’s Brexit deadline, betting that the U.K. prime minister won’t make good on threats to walk

Melco SME Academy holds series of training sessions

Supported by Melco Resorts & Entertainment’s inhouse Learning Academy, the Melco SME Academy is dedicated to enhancing small and medium enterprise (SME) prosperity and helping local businesses succeed. Over the past two months, close

Sands China’s RG ambassadors complete refresher training

A group of approximately 60 of Sands China’s Responsible Gaming Ambassadors completed a refresher training at Conrad Macao, Cotai Central, part of the company’s continued efforts to strengthen team members’ responsible gaming knowledge

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