Dubai’s jobs vanish at the fastest pace in a decade

  Business growth in Dubai stalled while jobs disappeared at the fastest pace in at least a decade in the latest signs of strain on the Middle East’s commercial hub. Operating conditions

Sands China donates 500,000 surgical masks

Sands China Ltd. is donating 500,000 medical facemasks to the local government as part of the company’s pledge to support the SAR’s efforts to combat the novel coronavirus. Secretary for Social

GEG to extend donation to local schools

Galaxy Entertainment Group announced a subsidy scheme to assist local schools and nursery service users amid the pneumonia outbreak caused by the novel coronavirus. Initiated by the Galaxy Entertainment Group Foundation,

China outbreak to spur higher prices as farm links disrupted

China’s consumer prices rose the fastest in more than eight years last month, with the outbreak of the coronavirus and subsequent shutdowns of transport links across the country making further

Palm oil giant says blow to sales is ‘temporary’

The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd., one of

Hot pot stocks slide after family gets coronavirus in HK

Chinese hot pot stocks skidded in Hong Kong yesterday, after members of the same family who shared a large dinner in January were confirmed to have the coronavirus. Xiabuxiabu Catering Management

When Chinese consumers stay home, the world’s retailers take hit

The spreading coronavirus is showing the world what happens when Chinese consumers stay away: Shopping streets empty out, stores close and sellers of everything from sneakers to fancy handbags sound

SJM donates 20 million patacas to Hubei

Casino operator Sociedade de Jogos de Macau, S.A. (SJM) has announced a donation of 20 million patacas to aid coronavirus control and relief efforts in Hubei province, including purchasing much-needed

Yum China falls after Pizza Hut lags

Yum China Holdings Inc. fell after Pizza Hut comparable sales missed analysts’ estimates and the company said the coronavirus outbreak will “materially affect” this year’s profit and sales. Same-store sales company-wide

Workers from US to Japan see rising costs eating up wage gains

If it seems like you’re working harder just to pay the bills nowadays, at least take comfort in your shared struggle: the rising costs of housing and health care and

Sands China pledges MOP25 million to fight 2019-nCoV

In an effort to address the ongoing public health challenges surrounding the coronavirus outbreak, Sands China has pledged to donate 25 million patacas to help contain the spread of the

MGM China donates MOP20 million for buying medical supplies

MGM China yesterday announced a MOP20 million donation, made in coordination with the Liaison Office of the Central People’s Government in Macau, to help Hubei province fight against the coronavirus

Tesla stock is soaring. Madness or visionary investing?

Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell

IWC Schaffhausen unveils reworked Portugieser Chronograph

Luxury Swiss watch manufacturer IWC Schaffhausen has unveiled a reworked version of the Portugieser Chronograph. The new version of this watch features a new design, keeping the original clean and

CEM makes service adjustments in response to virus outbreak

In response to an appeal from the Macau SAR government, and to ensure the safety of citizens and employees, between February 5 and February 14, some Companhia de Eletricidade de

FMCC’s charity gala themed ‘A Night at the Museum’

“The 2020 FMCC Charity Gala Dinner will take you into the world of the most famous temples of art. Celebrate with us iconic museums such as Louvre, le Musee

AirAsia cancels all flights between Philippines and China

In compliance with the Philippine government’s directive imposing travel restrictions on the People’s Republic of China, AirAsia is cancelling all its flights between the Philippines and mainland China, Hong Kong

Japan | Lunar New Year department store sales plummet

Japanese department store operators saw duty free sales slump during the key Lunar New Year holiday, one of the first indications of how hard the nation’s retail sector will be

Indonesia | Chinese abandon Bali beaches leaving tourism sector bruised

With Indonesia suspending visas to Chinese citizens in the wake of the outbreak of the deadly novel coronavirus, the country risks missing its target to lure a record number of

Corporate Bits | Galaxy pledges MOP25 million to fight pneumonia outbreak

Galaxy Entertainment Group (GEG) has donated MOP20 million to Hubei Province to help the region fight the Wuhan coronavirus outbreak and assist relief efforts. Made through its Galaxy Entertainment Group Foundation,

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