Business
Danone invests in Mengniu as Chinese demand food safety
Danone, owner of Activia yogurt and Evian water, will spend about 325 million euros (USD417 million) to form a joint venture and invest in China’s ... Full story
CORPORATE BITS: Bridge Alliance members gather for quarterly meeting
Members of Bridge Alliance convened for a senior executive meeting on 15th May, held in Macau and hosted by CTM, to approve new solutions, launch ... Full story
Gaming PokerStars loses its court bid to buy Atlantic Club in New Jersey
PokerStars was denied its request to keep alive a USD15 million offer to purchase the Atlantic Club Casino Hotel in Atlantic City, New Jersey.A judge ... Full story
China’s April home prices increase in most cities as buyers defy measures
China´s new home prices rose in all but two cities in April, with housing values accelerating in key centers including Beijing and Shanghai as buyers ... Full story
Hong Kong mercantile exchange forced to shut on lack of revenue
Hong Kong Mercantile Exchange, the commodities trader whose chairman headed the 2012 election campaign for the city’s Chief Executive Leung Chun Ying, has shut down ... Full story
COPORATE BITS: Sands honors community and staff on ninth anniversary
Three hundred and fifty taxi drivers who arrived at Sands Macao Friday were treated to a special meal gift pack – 150 at lunch and ... Full story
SJM executives to raise as much as HKD440m in stock sale
Two senior executives of SJM Holdings Ltd., Asia’s biggest casino company by revenue, are seeking to raise as much as HK$440 million (USD57 million) in ... Full story
GAMING: MGM China sees VIP business continuing to pick up
MGM China Holdings Ltd. said it expects the city’s business from high-stake gamblers to continue to pick up “slightly” as the Chinese economy improves.Double-digit growth ... Full story
CORPORATE BITS: CTM World Telecom day privileges
In celebration of “World Telecommunications and Information Society Day”, CTM will introduce a series of privileges to its mobile customers. On 17th May, all CTM ... Full story
Real Estate Matters: Being a Tenant in Macau
Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. ... Full story
Hong Kong Dollar Exchange Rate