Singapore bar, cinema closures rub ‘salt in wound’ for economy

Singapore’s closure of bars and entertainment venues to contain the spread of coronavirus is another gut punch to the city- state’s economy already suffering from widespread disruptions to trade and

Hong Kong booze ban may wipe out thousands of bars and restaurants

The normally packed streets of Hong Kong’s Lan Kwai Fong bar district were virtually empty on Monday night. So too was a popular Italian eatery in Wan Chai, a neighborhood

Coronavirus rekindles oil spill memories along Gulf Coast

The spring of the coronavirus feels a lot like the summer of oil to residents along the Gulf Coast. Bars and restaurants are empty in Florida because of an invisible threat

Corporate Bits | MGM Cotai awarded energy management certification

MGM Cotai has recently attained the ISO 50001:2018 certification for effective energy management systems, making the company’s two properties ISO 50001 certified, the gaming operator announced in a statement. MGM

Corporate Bits | Wynn to donate anti-epidemic supplies worth MOP2 million to SMEs

Casino operator Wynn Macau has announced that it will donate MOP2 million to purchase anti-epidemic supplies for local small and medium-sized enterprises in order to help alleviate the economic hardship

Corporate Bits | MGM Cotai awarded energy management certification

MGM Cotai has recently attained the ISO 50001:2018 certification for effective energy management systems, making the company’s two properties ISO 50001 certified, the gaming operator announced in a statement. MGM

Casinos, cruise lines poised for aid as bailout list grows

The biggest casino operator on the Las Vegas Strip weathered the 2008 financial crisis and a gunman’s rampage nine years later that killed 58 and wounded hundreds. But now, with

Time spent streaming spiked 20% worldwide this past weekend

For years, TV executives have fretted there is too much TV. Now, with the coronavirus looming large, they are worried there might not be enough. Because of the pandemic, streaming surged

Hong Kong’s jobless rate climbs to 9-year high

Hong Kong’s jobless rate surged to the highest level in almost a decade in February as the full force of disruptions from the novel coronavirus outbreak

Corporate Bits | Melco offers one-year contract for unemployed construction workers

Melco Resorts & Entertainment, with support from Labour Affairs Bureau (DSAL) and the Macao Federation of Trade Unions (FAOM), has offered 100 job opportunities to unemployed local construction workers. According to a statement, the gaming

Corporate Bits | Sands China sponsors SKH Parent-Child Picture Book Gift Kit Program

Sands China is sponsoring the launch of the Sheng Kung Hui Social Service Coordination Office’s Parent-Child Picture Book Gift Kit Program in response to the coronavirus pandemic, with a sponsorship

Corporate Bits | MGM partners with local firm to launch virtual classroom

MGM has partnered with the Yorkshire Online Academy to introduce a virtual classroom that offers a series of practical new courses, the gaming operator announced in a statement. During the business-matching

Aviation | Cathay loses HKD2 billion in February due to virus

Cathay Pacific Airways Ltd. said it made a “significant” unaudited loss of more than HKD2 billion ($257 million) in February alone because of widespread disruption from the coronavirus, which has

The Latest: Vegas casinos and resorts to close amid pandemic

The Latest on financial markets (all times local): 10:00 a.m. The owners of iconic Las Vegas casinos such as Bellagio and Wynn Las Vegas are shutting down as the coronavirus pandemic prompts

Corporate Bits | MGM partners with local firm to launch virtual classroom

MGM has partnered with the Yorkshire Online Academy to introduce a virtual classroom that offers a series of practical new courses, the gaming operator announced in a statement. During the business-matching

China auto sales plunge in amid virus shutdown

China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus outbreak, an industry group

Corporate Bits | MGM continues charity donations as part of relief measures

Dedicated to supporting local charity work in the midst of the Covid-19 epidemic, MGM has donated 45 temperature guns, along with hand sanitizers and other anti-epidemic supplies, to Macau Tung

Corporate Bits | GEG co-launches scheme to encourage home exercise among children

To encourage local children, especially those with special education needs, to exercise and maintain a healthy lifestyle amid the Covid-19 epidemic, Galaxy Entertainment Group (GEG) has donated MOP100,000 to Sheng

HSBC appoints new China CEO

HSBC Holdings Plc, which operates the largest franchise among global banks in China, named Mark Yunfeng Wang as president and chief executive officer of its China business as the U.K.

Corporate Bits | Sands Cares Ambassadors distribute donation of anti-virus products

Sands Cares Ambassadors recently helped to deliver 4,800 bottles of hand sanitizer, 30,000 pairs of medical gloves and 2,000 shower caps donated by Sands China to local community organizations, as

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