It’s hard times here in the USA, and the recession (which the government has not admitted actually exists yet) is starting to creep into the rest of the world. But the Asian miracle is still going strong, and Macau is still the crown jewel in Asia’s economic engine. But when you’re on top, everybody wants [...]
Don’t we all simply love to read about rapid economic growth and industrialization? However, how many times do we actually think about the environmental consequences of this progress? China’s rapid industrial development and solid pace of economic growth have seriously damaging implications for the environment. According to the World Bank, 2 of the world’s 10 [...]
Splendid…impressive…fabulous. The Cotai Strip offers the most enthralling and unforgettable experiences. Nothing can get your heart pounding and pulse racing as some of Macau’s grand casinos. The former Portuguese colony is expected to record double-digit growth in gaming revenues this year, exceeding US$10 billion, according to Lau Pun Lap, member of the Legislative Assembly of [...]
It looks like Stanley Ho’s IPO is moving ahead as planned, with the price range set for somewhere between HK$3.08 and HK$4.08 per share. It’s a bad time in the region for an IPO, with several noteworthy examples of recent IPOs trading downward — including the disastrous IPO of Chonqing Machinery and Electric, which lost [...]
What is the buzz word in China these days? It is technology. China has made a momentous transition to a more “connected” society and is an exploding market for digital media, wireless broadband and telecommunications technologies. These arenas are offering unprecedented opportunities for small and big entrepreneurs alike. I mean, look at the statistics… they’re [...]
Don’t we all just love those rags to riches stories? How about a riches-to-more-riches story for a change? That’s exactly what the story of Macau millionaire David Chow Kam-Fai is. He was born in 1950 in a wealthy Hong Kong based family. David Chow was sent off at a tender age to America, where he [...]
Viva Macau, the new online casino at www.vivamacau.com, launched this week, and I couldn’t resist taking a peek. In their press release, Viva Macau says “Macau casinos … look out,” but I wouldn’t expect online gambling to pose any serious threat to the region’s existing brick-and-mortar extravaganzas. It is however, without a doubt, a good [...]
Facebook’s popularity has grown… and how! Millions of people the world over have uploaded their photographs and albums on this free-access website and exchange messages on this platform every day. But the Chinese want things done their way! So, China decided to have its own “Facebook” to share precious moments and memories. A little over [...]
Macau is the world’s new gaming haven. So, it is but obvious that this former Portuguese colony was the one to recently host the Global Gaming Expo Asia (G2E Asia). The event got together hundreds of manufacturers, suppliers, industry experts and investors at Macau’s Cotai Strip Convention and Exhibition Centre earlier this month. G2E Asia [...]
I’ve only been back in the USA for about a week, but I already miss those Portuguese egg tarts. Back here in the USA, ordinary folks are still struggling to pay their re-adjusted adjustable rate mortgages, foreclosures are at an all-time high, and those who haven’t bought a house yet are finding it difficult to [...]
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