Corporate Bits: Melco pledges new 14-day fast track payment initiative to support SMEs

As part of Melco Resorts & Entertainment’s "longstanding commitment to supporting Small & Medium Enterprises for the sustainable and diversified development of Macau," the gaming operator has launched this week

Huawei loses UK top court ruling over global patent rates

U.K. judges can set global royalty rates for the use of telecommunications technology, Britain’s highest court said in a pair of cases over how much Huawei Technologies Co. owes a

Aviation | AirAsia X seeks debt help with flights unlikely until 2021

AirAsia Group Bhd.’s long-haul arm said it needs to reach agreements with major creditors to restructure outstanding debt as it faces “severe liquidity constraints” that threaten its ability to resume

Butcher-turned-gambling billionaire fights for his casino empire

Billionaire Johann Graf has never had to fight on so many fronts at the same time. The ordinary-man’s gambling company, Novomatic, the 73-year-old Austrian butcher-turned-tycoon created four decades ago, is raking

Galaxy participates in sports event for the disabled

The Macau Special Olympics (MSO) recently invited Galaxy Entertainment Group’s Volunteer Team to join their students at the 2020 Macau Sports Day for the Disabled hosted by the Sports Bureau. The

25 employees graduate from MGM diploma program

A total of 25 MGM employees graduated from the MGM High School Diploma Program, making it the largest group of graduates ever since the school started collaborating with local gaming operators. Five

Tencent gains $37 billion after US reassures on WeChat ban

Tencent Holdings Ltd. jumped the most in a month after White House officials are said to have reassured American businesses that a ban on its WeChat app won’t be as

Analysis | Oracle’s improbable TikTok talks have a simple explanation: data

Oracle Corp.’s preliminary interest in making a bid for TikTok, on first glance, looks like an awkward fit - the 43-year-old software giant best known for legacy corporate databases and

Singapore’s MAS to engage more with banks on local hiring

Singapore’s financial regulator will step up efforts to urge banks to hire more citizens and develop a strong local leadership pipeline, according to its chief. “Protecting and growing Singaporean jobs, especially

Briefs | China traders ready for stock limits to double next week

  Stocks on China’s Nasdaq-like ChiNext board will be allowed to rise or fall 20% as of next week when the first batch of listings under revamped rules start trading. The

China’s bank regulator warns dollar is seed of crisis

China’s top banking watchdog cautioned that U.S. dollar dominance combined with the massive stimulus unleashed by the Federal Reserve could push the world to the edge of another financial crisis. In

China’s loss may be India’s gain in shifting supply chains

India’s latest set of incentives to entice businesses moving away from China seem to be working, with companies from Samsung Electronics Co. to Apple Inc.’s assembly partners showing interest in

Facebook says Apple in-app fees hurt businesses during Covid

Facebook Inc. joined a growing list of developers to publicly criticize Apple Inc. over its revenue-sharing policy for in-app purchases, suggesting the iPhone maker’s fee structure is hurting small businesses

Elite Thai visa program aims to lure expats seeking virus haven

Thailand’s “pay to stay” visa program for wealthy foreigners is seeing an expansion opportunity, with visions of the country becoming a haven for expats thanks to its relative success in

China’s days as world’s factory are over, iPhone maker says

A key supplier to Apple Inc. and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S., declaring that China’s time as

Cathay soars as airport transfer hopes offset bleak outlook

Cathay Pacific Airways Ltd. shares extended their double-digit rally after a Chinese state-run newspaper tweeted that Hong Kong’s airport may restart transfer flights to mainland China, a move that could

China to bring up WeChat, TikTok in next US trade talks

U.S. and Chinese negotiators plan to discuss progress of their trade deal in the coming days, with Beijing pushing to widen the agenda to include Washington’s recent crackdown on businesses

GEG Youth Achievement Program holds Air Macau crew sharing session

Through a wide range of initiatives, including co-organizing the Youth Achievement Program with the Macau Management Association for nine consecutive years, Galaxy Entertainment Group (GEG) has actively supported the development

Sands Resorts Macao receives hygiene certification from inspection agency

Sands Resorts Macao has become the first Macau-based hospitality group to receive certifications for its five properties from global certification organization Bureau Veritas. Bureau Veritas, which works with the medical advisors

Five years after devaluation, China has the yuan it wanted

Compared with the global market turmoil China’s currency devaluation in 2015 triggered, the more gentle but steady depreciation since is spurring less concern. Five years ago to the day, the central

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES