Casino card brand Bee Macau has begun full-scale production of casino-level playing cards at what it describes as Macao’s first factory to manufacture such “high-quality gaming supplies.” According to a press release published today, around HK$500 million (US$63.83 million) was invested into the factory – a collaborative effort between Belgium card producer, Cartamundi Group, and …
The 139th Canton Fair wrapped up in Guangzhou on 5 May, drawing a record 314,000 international buyers from 220 countries and regions – up 1.1 percent year-on-year – in a result that underlines the enduring appeal of China’s flagship trade event despite ongoing global trade pressures. The scale of this year’s fair was unprecedented. The …
The Macao government is launching a two-month long diesel subsidy scheme between 11 May (12 am) and 10 July (11:59 pm), in order to support motorists and industries impacted by fluctuating fuel prices caused by the Middle Eastern conflict. At a press conference this morning, the Economic and Technological Bureau (known by its Portuguese initial …
Brazil has reclaimed the top spot globally as the preferred destination for Chinese investment in 2025, according to data recently released by the Brazil-China Business Council (known by its Portuguese initials CEBC). The nation attracted 10.9 percent of total outbound Chinese capital, or US$6.1 billion in Chinese investment across dozens of projects, Reuters reported. The …
Gaming operator MGM China is set to issue US$750 million in seven-year senior notes with proceeds earmarked to repay a portion of its debt under its 2025 unsecured revolving credit facility. According to the purchase agreement filed with the Hong Kong Exchange yesterday, the new debt will carry an annual interest rate of 6.25 percent, …
The property market in Shenzhen has experienced its highest level of sales and enquiries in six years, following the relaxation of purchasing controls in key districts towards the end of April. Figures from local estate agent Leyoujia, reported by Yicai Global, reveal a significant uplift during the recent five-day Labour Day holiday, which concluded on …
Adjusted earnings before interest, taxes, depreciation and amortization of HK$917 million were roughly in-line with analysts’ expectations The post SJM Holdings posts first quarter loss and falling market share appeared first on Macao News. PakarPBN A Private Blog Network (PBN) is a collection of websites that are controlled by a single individual or organization and …
New stablecoin licenses are expected to deepen Hong Kong’s digital economy ambitions within the GBA even as decentralised crypto remains banned in mainland China The post Here’s what to know about the upcoming HSBC and Standard Chartered stablecoins appeared first on Macao News. PakarPBN A Private Blog Network (PBN) is a collection of websites that …
The city of Maoming, in southwestern Guangdong, has officially entered the final 100-day countdown to the 17th Guangdong Provincial Games and the 10th Guangdong Provincial Games for Persons with Disabilities, scheduled to take place from 9 to 21 August. Organisers recently held a countdown ceremony at the Maoming Olympic Sports Center Gymnasium, featuring performances, public …
Rob Wilson, of UCFB, explains why higher education in sport matters more than ever. Source PakarPBN A Private Blog Network (PBN) is a collection of websites that are controlled by a single individual or organization and used primarily to build backlinks to a “money site” in order to influence its ranking in search engines such …