Over 15,000 Hong Kong shops may close without rent relief

From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. Unless landlords can offer more relief, one in four could disappear by December if sales don’t improve,

The Manor appoints new executive sous chef

The St. Regis Macao, Cotai Strip has welcomed Michele Dell’ Aquila as executive sous chef at The Manor. The chef has created a series of new, grill-inspired dishes accented with unique

Sands Macao distributes meal packs as part of anniversary tradition

Sands Macao distributed complimentary boxed lunches to local taxi drivers Monday, in celebration of the hotel and entertainment complex’s 16th anniversary. Taxi drivers arriving at the hotel earlier this week were

Famed designer draws up plan to save restaurants through outdoor dining

The sprawling sidewalk café lifestyle is prevalent in cities around the world, from Rome to Miami. New York, not so much. But the Big Apple’s cityscape might be changing in response

Could 2020 Be a Stabilizing Year for Bitcoin in Asia?

Bitcoin tends to be the source of much disagreement. Speculation varies greatly about its true value, its long-term potential, and really, its place in the world. If there’s one thing

Europe’s broken tourism industry struggles to save the summer

On the Greek island of Mykonos, Mayor Kostas Koukas is desperately trying to revive the tourism that is the life blood of the local economy. Koukas, and his counterparts in towns

Why open a store? Chinese merchants go livestreaming instead

At the height of China’s coronavirus outbreak, the skincare-products maker Forest Cabin closed more than half of its 300 stores across the nation as shoppers stayed home. With sales plunging,

Staycation offers from Sheraton, The St. Regis

The Sheraton Grand Macao and The St. Regis Macao, Cotai Strip are offering Staycation packages for locals from now until June 30, 2020. The packages include a one-night stay in a

SCL volunteers help with school sanitization

A group of Sands Cares Ambassadors (SCA) has helped to clean and sanitize Concordia School of Special Education as part of Sands China’s cleaning initiative for local schools and its

187-year-old Jardine faces pain in Indonesia after expansion

After political protests and the coronavirus crisis walloped its businesses in Greater China, Jardine Matheson Holdings Ltd., one of Hong Kong’s last remaining British trading houses, is facing a new

The Art of Giving | Modern Philanthropy and Legacy

Physics genius Albert Einstein once said: “There are only two ways to live your life. One is as though nothing is a miracle. The other is as though everything is

Macau gambling exec linked to $1 billion Cohiba cigar deal

The buyers of Imperial Brands Plc’s premium cigar business, including world-renowned Cohiba, have been shrouded in a smoky veil of secrecy. But one group of investors is being fronted by

Shanghai Disneyland reopens with anti-virus controls

Visitors in face masks streamed into Shanghai Disneyland as the theme park reopened yesterday in a high-profile step toward reviving tourism that was shut down by the coronavirus pandemic. The House

Corporate Bits | Melco mobilizes workforce to support the local community

Thousands of Melco Resorts employees will partake in a multitude of volunteering events during work hours in the coming weeks, according to a statement issued yesterday by the casino operator.

China’s MYbank plans a $282 billion lending spree amid pandemic

With China’s economy in free fall and millions of small businesses running low on cash, the online lending platform backed by billionaire Jack Ma entered crisis mode. It was mid-February, near

NetEase picks banks for Hong Kong second listing

NetEase Inc. has picked banks for its planned second listing in Hong Kong, according to people familiar with the matter, joining other Chinese technology companies in tapping the city’s stock

Hong Kong retail sinks 42% in March as China consumers vanish

Hong Kong’s retailers will need to get creative to survive the deepening recession that’s enveloped the city as tourists from the mainland who fueled past rebounds are unlikely to come

Corporate Bits | Melco unveils special summer offers for Macau residents

Melco Resorts & Entertainment is bringing special summer offers to Macau residents over the next three months. Melco has announced the return of “Melco Loves Locals” offer for Macau residents, with

Corporate Bits | Melco unveils special summer offers for Macau residents

Melco Resorts & Entertainment is bringing special summer offers to Macau residents over the next three months. Melco has announced the return of “Melco Loves Locals” offer for Macau residents, with

Battered global tourism industry makes reopening plans

Six months ago, the global tourism industry was celebrating a record year for travel. Now, it’s decimated and facing a recovery that could take years. Tourism Economics, a data and consulting

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