Billionaire Packer’s Crown buys Nobu stake for USD100m

Crown Resorts Ltd., the Australian casino group controlled by billionaire James Packer, bought a 20 percent stake in Nobu for USD100 million to extend its relationship with the global restaurant

Commissioner debuts with positive future vision

The new Foreign Affairs Commissioner in Macau, Ye Dabo, said that the region would continue to thrive despite the current economic downturn under the central government’s support. Ye succeeded Hu Zhengyue

Vice director to temporarily take over gaming watchdog

Secretary for Economy and Finance Lionel Leong is seeking trilingual and law-savvy talents to succeed outgoing Gaming Inspection and Coordination director (DICJ), Manuel Neves. Meanwhile, deputy head Leong Man Ion

Gaming | MGM China quarterly revenue drops

In the three months ended September 30, MGM China reported a total revenue of HKD4.1 billion and an adjusted Earnings Before Interest, Taxation, Depreciation and Amortization (EBITDA) of HK$1.1 billion,

Wong Sio Chak links taxi overcharging to Uber operation

Uber’s operation in the territory would exacerbate the already rampant phenomenon of arbitrary charging in the taxi industry, Secretary for Security Wong Sio Chak claimed yesterday afternoon. Wong’s remarks came a

Briefs | Chui forms committee to enhance city’s int’l role

The Chief Executive, Chui Sai On, has assembled a new committee to formulate policies in line with the region’s role as a world travel and leisure center. The committee, chaired

50 chefs develop new Chinese cuisine dishes

Sands is currently in the process of selecting which of the 100 new dishes will be included on the menus of their restaurants. However, the chosen dishes  will only be

Tourism | Region promoted in Kuala Lumpur

The Macau Government Tourist Office (MGTO) is staging a “mega roadshow” under the theme “Experience Macau”, to be held  in Kuala Lumpur between Oct. 27 and Nov. 1. This event 

Francisco Coelho, the ‘Dark Knight’ | ‘Macau’s economy will come back better and better’

Nicknamed the “godfather” of Macau’s nightlife, Francisco Coelho, 56, has been running the hottest clubs in town, namely D2 and DD3, for over two decades. Mr Coelho is confident that

MGM Resorts creates REIT for hotels to cut debt, boost value

MGM Resorts International, the Las Vegas casino owner that’s been under pressure from an activist investor, said it will put its properties into a real estate investment trust to help

Google’s Internet-beaming balloons to take off in Indonesia

  Google’s Internet-­beaming balloons are ready to take off on the next phase of their mission to deliver online access in regions where most people live offline. The balloons will begin hovering

Corporate Bits | tap dogs dance show arrives at the venetian macao

To announce their arrival in Macau, several cast members danced their way to St. Mark’s Square at The Venetian for a surprise performance that saw dancers Chris Erk, Anthony Russo,

Real Estate Matters | Did you know…? 20 interesting facts about Macau property – Part 3

Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties

Party decides to abolish one child policy

China’s ruling Communist Party announced yesterday that the country will start allowing all couples to have two children, abolishing an unpopular policy that limited many urban couples to only one child

Climate change | Answer for drought-plagued area: Move residents out

Village elder Yang Zhenjun isn’t ready to move out from the valley where his people have herded sheep and tended crops for generations amid arid, drought-prone mountains of China’s northwest. Still, he

North Korea | UN investigator: Tens of thousands doing forced labor abroad

Tens of thousands of North Koreans are being sent to work abroad in conditions that amount to forced labor to circumvent U.N. sanctions and earn foreign currency for the country, amounting to

Nepal | Kathmandu turns to China for fuel after India restricts supply

Fuel-starved Nepal has signed an agreement with China to import gasoline, diesel and cooking gas, effectively ending monopoly on supply from India, which has restricted fuel convoys as a result of political

Myanmar | Open-for-business factories struggle for global foothold 

After Myanmar’s military yielded to a civilian government in 2010, foreign investors rushed to set up factories and raze old neighborhoods to build luxury housing estates. Five years on, the country has

Human rights | Jailed, flogged Saudi blogger Badawi wins EU rights prize

A Saudi blogger sentenced to 10 years in prison and 1,000 lashes for insulting Muslim clerics has won the European Union’s prestigious Sakharov Prize for human rights. Raif Badawi was honored

Syria crisis | China, Germany appeal for political solution

German Chancellor Angela Merkel and Chinese Premier Li Keqiang appealed yesterday for a political solution to Syria’s civil war as diplomats prepared to meet in Vienna for new peace efforts.

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