Hk Observer: Leading again. First crony capitalism now most narcissistic CEOs

In April, the Economist magazine placed Hong Kong at the top of the world rankings for crony capitalism. Crony capitalism is where the government and businesses collude or turn a

Thursday, November 20, 2014 – edition no. 2195

• Citi predicts 20 pct drop in Nov * CLASH IN COTAI II: Fighters join public workout session, Pacquiao back in town * HONG KONG: Activists try to storm legislature * MGM art

The Buzz | US producer prices rise 0.2 percent in October

Inflation picked up in October due to higher prices that U.S. companies received for new model cars, beef, pork, pharmaceuticals and electric power. The Labor Department says the producer price index

World briefs

N KOREA An anxious North Korea will see how the boldest effort yet to bring its leaders to account for alleged crimes against humanity will move forward, as the U.N.

Global drug-trafficking channels busted in Guangdong

The crackdown has dealt a heavy blow to domestic and international drug traffickers and producers who have continuously tried to turn the prosperous province into a major drug distribution center,

Macau-licensed vehicles allowed in Hengqin next year

“That will be officially implemented next year,” he said “The Guangdong Province’s transport department is formulating the regulations and has presented the first draft to the Hengqin Administrative Committee

BOXING | Chris Algieri advises local youths ahead of Sunday’s fight

The American fighter, who obtained a Bachelor of Science degree in Health Care Management and a Master’s Degree in Clinical Nutrition, in addition to his boxing career, told the 40

Association advocates bike priority route system

“In Macau, the number of vehicles has been rising by ten thousand each year, fighting public buses over the roads. Not only is riding a bicycle energy-saving and environmentally-friendly, it

AL PLENARY | Gov’t plays safe with ‘cautious’ budget

The Budget Law for 2015 passed its first reading in yesterday’s Legislative Assembly plenary meeting. Yet lawmakers voiced concerns over gaming revenues, which declined some 23 percent year-on-year last month,

Macau Gaming Show attracts over 100 companies and five VIP junket groups

Until tomorrow, companies and gaming experts will be focusing on the impact of gaming in both developed and emerging nations. Chairman of the Macau Gaming Equipment Manufacturers Association (MGEMA), Jay Chun,

Lawmakers say ‘no’ to debating political reform

Lawmakers vetoed a proposal by pro-democracy legislators to hold a debate on Macau’s political reform and the implementation of universal suffrage. In yesterday’s Legislative Assembly plenary meeting, Ng Kuok Cheong and

Supplier predicts e-tables the future trend in casinos

Speaking at the Macau Gaming Show (MGS), Mr Jay Chun, chairman of Paradise Entertainment, the biggest gaming equipment provider in Macau, told the media that “any company coming up with

Autumn jazz night on Saturday

The Macau Jazz Club is organizing a concert on Saturday, featuring singer Ines Trickovic and the Lamma Quartet. The gig kicks off at 8 p.m. at Casa Garden. Born in Dubrovnik,

Toyota to start sales of hydrogen-powered car next month 

There will only be a few hundred, and they won’t be cheap, but Toyota is about to take its first small step into the unproven market for emissions-free, hydrogen-powered vehicles. The

Corporate Bits | Shell V-Power Nitro+ launched officially in Macau

Shell V-Power Nitro+ is one of the many technical projects that Shell collaborates on with Ferrari, and has gone through Formula One testing conditions to produce a fuel that resembles

Mozambique Agriculture represents 24 pct of country’s economy

Clemente acknowledged that agriculture, practiced mostly by small family farms, still has some weaknesses, characterized by weak links with markets and reduced use of agricultural inputs and modern technology. He said,

Angola Chinese state company invests in farming

Chinese state company CITIC Construction Co. will invest USD5b in 2015 in an agricultural project in Angola in order to “help reduce the insufficient food production in the country,” said

Court convicts Web marketer in anti-rumor campaign

A Beijing court yesterday convicted an Internet marketer of illegal business practices and sentenced him to four years in prison for posting false information and deleting posts critical of his

Beijing’s USD350M bridge gets scant N. Korean welcome 

The bridge was supposed to be a key link for trade and travel between China’s underdeveloped northeast provinces and a much-touted special economic zone in North Korea — so key that Beijing

HONG KONG | Some barricades cleared from protest site as demonstrators stand by

Hong Kong’s government cleared some barriers that have blocked the city center for the past seven weeks, with little opposition from pro-democracy protesters who erected them. Court bailiffs and security staff

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