Analysis | Uber’s surrender and the humbling of U.S. tech giants in China

Not so long ago, American tech giants viewed China as theirs for the taking: 1.4 billion people, a growing middle class, an affinity for American pop culture from Titanic and Friends to Michael

Nautical company aims to provide historic cruise experiences

In a bid to create a new type of entertainment in the peninsula and to pay homage to the region’s sailing history, Macau Sailing Ltd opened its doors in September

Chinese human rights activist gets suspended sentence

A Chinese court issued a suspended three-year prison sentence to a human rights activist charged with subversion of state power after a brief trial yesterday, the first publicly acknowledged hearing

Singaporean PM meets Obama, asks U.S. to ratify trade pact

President Barack Obama found common cause with the leader of Singapore in the face of growing political headwinds against the Trans-Pacific Partnership, warning that to “pull up a drawbridge” on trade would

July gaming beats estimates as resorts draw tourists

Macau’s gaming revenue in July fell less than analysts estimated as the holiday season brought tourists and leisure gamblers to the local units of Las Vegas Sands Corp., Wynn Resorts

Artisan shopping center set to open by end of 2016

A shopping center that aims to become a hub for local cultural and creative products and services is due to have several shop openings this month and is expected to

Guangdong and Macau branded products fair closed with 83,000 visitors

Jointly organized by the Macao Trade and Investment Promotion Institute (IPIM) and by the Department of Commerce of Guangdong Province, the three-day Guangdong & Macao Branded Products Fair 2016 (GMBPF)

Uber’s Chinese rival acquiring company’s China operations

Uber Technology Ltd. and its main Chinese competitor are combining their ride-hailing operations in China, ending a costly battle to attract riders. Yesterday’s announcement marks the latest foreign technology brand to tie

HK housing rebound may be short-lived, analysts say

Hong Kong’s secondary property prices rose in the second quarter, marking a pause in a correction that analysts said may resume amid higher supply and weaker demand. Secondary property prices advanced

Hong Kong bans pro-independence candidate from upcoming election

Hong Kong has banned a potential candidate from contesting legislative council elections, saying his pro-independence stance violates constitutional tenets that declare the city an inalienable part of China. Chan Ho-tin, a

Less ‘dripping air con’ fines during first semester

Over the first six months of 2016, the Civic and Municipal Affairs Bureau (IACM) has registered fewer complaints and issued less fines regarding dripping air conditioning equipment, according to Lau

MICE |Franchise Expo with regional ambitions

The three-day 2016 Macau Franchise Expo (MFE) came to a close yesterday, with exhibitors hoping to increase their company’s brand awareness in the Chinese market, including Macau’s neighboring regions. In the

Gaming | Wynn tumbles as table allotment falls short

Wynn Resorts Ltd. fell Friday after saying a new USD4.1 billion casino in Macau may be allotted about half of the baccarat tables analysts were expecting while betting at its current

Chinese investors buy Caesars’ games unit for USD4.4 billion

Investors led by Chinese online games developer Shanghai Giant Network Technology Co. agreed to buy Caesars Entertainment Corp.’s online casino-style games unit Playtika Ltd. for USD4.4 billion in cash, even as

Asia’s worst property market buoyed as Macau gamblers return

The worst may be over for Asia’s worst-­performing property market. Macau’s housing prices, which have plunged by a third since 2014, may get a boost amid signs that a two-year casino

Legal status of ride-hailing industry confirmed

China’s Cabinet issued its first rules for ride-hailing and told local officials yesterday to promote the booming industry, confirming the legal status of Uber Technologies Inc. and local competitors following run-ins

Culture | ‘Pearl Jubilee’ Macao Music Festival unveiled

Details for the 30th Macao International Music Festival were unveiled yesterday at the Center of Tourism Activities, with 20 programs and 27 performances set to be part of the annual

Tourism | Number of visitors on package tours declines

Information from the Statistics and Census Service (DSEC) has indicated that in the first half year of 2016, visitors on package tours totaled to 3.4 million, down by 31.2 percent

Election Law revision to reach AL by end of August

The revision of the Legislative Assembly (AL) Election Law will be treated as a matter of urgency by the government, who has pledged to submit the bill to the AL

Chui Sai On at the AL | CE urges youth to be more proactive

The Chief Executive yesterday called on the local youth to be “more committed” to investing in their education in order to find good jobs. Given the conditions offered to them

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