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  • October 21, 2014
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  1. Beijing anti-graft team on trail of casino losses

    Posted Jun 06th 2012, 12:00am

    ... to uncover a complex network run by low-profile but well-connected businessman Wang Yaohui, according to sources familiar with the matter. They also said Wang's business empire was having ... Yang Kun, an executive vice-president of Agricultural Bank of China (ABC) mainly in charge of loans, was also detained. ABC, one of the big four state-run banks, last week confirmed Yang's ...

  2. More work needed to tackle dirty money trail

    Posted Sep 18th 2005, 12:00am by Staff Reporter

    ... Financial systems are based on trust. A run on bank deposits- even if confined to one bank- does not enhance confidence, particularly in an economy like Macau's that is dependent ... Banco Delta Asia has dealt with its banks and trading companies since the 1970s. In an effort to halt the run on the bank, Mr Ho described the US Treasury's allegations as 'an ...

  3. Getting out

    Posted Jul 03rd 2008, 12:00am by Staff Reporter

    ... Hiking trails offer a tranquil option away from the din of the city Fast-growing developments and casinos cram downtown Macau, but visitors can still escape into the tranquility ... trails established in the wooded hills of Coloane. It is convenient for short strolls with the family because it is an undemanding walk in most places. The circuit is close to main roads so ...

  4. A bad week for...

    Posted Apr 22nd 2012, 12:00am

    ... Howard Shaw The grandson of Runme Shaw- who founded the Shaw Organisation with brother Run Run Shaw- was charged in Singapore for having paid sex with an under-age prostitute. Shaw, 41, and 47 others, including former UBS executive Juerg Buergin, 40, allegedly paid S$450 to S$750 (HK$2,800 to HK$4,700) for each encounter with the prostitute, according to The Straits Times. Shaw ...

  5. Casino chiefs fearful after run of attacks

    Posted Jul 29th 2012, 12:00am

    ... of violence has evoked memories of the late 1990s, when the then Portuguese-run enclave was rocked by assassinations, car bombings and gangland attacks as rival gangs battled for the control ...

  6. Heritage trail

    Posted Sep 27th 2005, 12:00am by Staff Reporter

    ... Having ascended to the World Heritage pedestal, Macau's historic landmarks are being wheeled out as top tourist attractions. The 'Historic Centre of Macau' has a high concentration of the relics not too difficult to reach on foot, especiall ...

  7. Time running out for Sands' casino project

    Posted Jul 13th 2012, 12:00am

    ... The stock has shed 26 per cent since May. 'Gaming companies are, in fact, trying hard to start construction on their Cotai sites as most of their existing properties are running at near ...

  8. Casinos' run of bad luck picks up speed

    Posted Oct 04th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com It turns out the house does not always win. SJM Holdings led a massive plunge in shares of Macau casino operators yesterday, falling a record 25 per cent. It was the second day of a rout that has erased HK$135.5 billion in m ...

  9. Elegance Desire can play giant killer in interport clash

    Posted Mar 12th 2011, 12:00am by Alan Aitken

    ... Wai-ming) looks the weight horse of the race with 113 pounds to carry and every likelihood the race will be run to suit his strong finishing style. Moore's only previous win in the race came ... this race looks a tough way to find out if he runs it. The race sets up for a horse hitting the line and that should be Elegance Desire, who is yet to miss a place over the course and distance ...

  10. US$1b light railway up and running in Macau by 2014

    Posted Sep 17th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih The Macau government will spend US$1 billion to build a light railway by 2014 and continue expansion thereafter, according to Michael Lam Soi-hoi, a transport infrastructure consultant with the city's government. 'In the next 10 yea ...




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