Profile | Chan Meng Kam: From poor migrant to Macau magnate

Chan Meng Kam first arrived in Macau as the son of a poor Fujian farmer, where he began his transformation into one of Macau’s most influential politicians and businessmen. His initial

Ranking | Angela Leong among ‘Asia’s 50 Power Businesswomen’

Forbes last week announced its list of Asia’s 50 Power Businesswomen for 2016, recognizing 50 powerful businesswomen in Asia and acknowledging the progress women are making in the corporate world. China

Casino cruise ship in dire straits

A casino cruise ship operated by Arising International Holdings Ltd may now be facing bankruptcy following a wage dispute with 46 crew members, who claim that they are suffering from

New loan approvals fall

The Transport Bureau (ID) will be running a trial today of the recently installed bus lane that passes along A-Ma to Rua do Lam Mau, Macau Daily News reported. The

Courts | TUI rejects another Ho Chio Meng appeal

Ho Chio Meng claimed that according to the magistrates’ statute, magistrates cannot be arrested or subjected to preventive custody before being formally accused or having the date of their hearing

Mobile phone theft gets landlord in trouble

A theft of a mobile phone from a convenience store instigated an investigation with an unexpected outcome, the Public Security Police Force (PSP) reported during a press conference held yesterday. The

CRIME | Physician drugs friend to sexually abuse him

Trust me, I’m a doctor” is a well known saying that got a Hong Kong citizen into trouble during a trip to Macau, according to a police report that was

Entertainment | ‘Shrek The Musical’ to arrive in Macau

“Shrek The Musical” features a story and lyrics by Pulitzer Prize winner David Lindsay-Abaire (“Rabbit Hole,” “Good People”), music by Olivier Award- winner Jeanine Tesori. It is choreographed by Chris Bailey

Corporate Bits | Melco Crown welcomes local design students to Studio City

Twenty-six lecturers and students majoring in design toured the 5,000-seat Studio City Event Center and the House of Magic, unlocking the secrets of the magic show from backstage.  According to

Yuan advances for third day as producer prices signal recovery

The yuan strengthened for a third day as the first monthly increase in China’s factory gate prices since 2013 added to signs of an improving economy and easing capital-outflow pressures. The producer

Spanish, Angolan rivals reach deal over Portuguese bank

The Lisbon stock exchange suspended trading in shares in Banco Portugues do Investimento as the market awaited details yesterday of a takeover agreement between the bank’s Spanish and Angolan shareholders. Spain’s

HNA agrees to buy airline caterer Gategroup for USD1.5 billion

Chinese conglomerate HNA Group Co. agreed to buy Swiss airline catering company Gategroup Holding AG for 1.4 billion francs (USD1.5 billion), as billionaire Chen Feng continues on an acquisition spree of

World Bank report | East Asian growth to remain over 6pct in 2016 despite China slowdown

Growth in developing East Asia and the Pacific is expected to remain resilient despite the slowdown in China and a gloomy global outlook, the World Bank said yesterday. The U.S.-led development

Economy | Stocks climb most this month as commodity shares advance

China’s stocks rose the most this month, led by commodity producers and financial companies, amid signs of a pick-up in industrial demand. The Shanghai Composite Index climbed 1.6 percent, with a

Panel hears first transgender discrimination case

A Chinese arbitration panel held a hearing yesterday in what is believed to be the country’s first transgender employment discrimination case, according to the lawyer in the case. A ruling by

Authorities said to probe Nanjing peer-to-peer lender

Chinese regulators are investigating Nanjing Easy Richness Financial Information Service Co., a regional peer-to-peer lender that has raised at least 10 billion yuan (USD1.6 billion) from investors, people familiar with

Views on China | How bad is China’s debt problem, really?

For months now, China’s regulators have been warning about the dangers of rapidly expanding credit and the need to deleverage. With new plans to clean up bad loans at the

Koreas | Seoul: Senior North military officer defects to South

A colonel from North Korea’s military spy agency fled to South Korea last year in an unusual case of a senior-level defection, Seoul officials said yesterday. The announcement came three days

Thailand | Forget the drought, national water fight is on

Drought? What drought? Bring out the water guns! Thailand may be going through its driest period in 20 years, but the country’s military government wants visitors from around the globe to

Hiroshima | Kerry makes gut-wrenching visit to site of A-bomb

A gut-wrenched John Kerry said Hiroshima’s horrible history should teach humanity to avoid conflict and strive to eradicate nuclear weapons as he became the first U.S. secretary of state to

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