Archive for the 'Business' Category
James Packer And Macau Fireworks
Sunday, December 10th, 2006James Packer’s Melco PBL missed out on the Singapore Casino bid. This is not a surprise really as I always believed that Genting was going to be the winner. After all this is Asia and Singapore must have seriously considered this. I always have believed that James Packer should turn his Burswood Casino into a […]
Melco PBL Are Betting Big In Macau
Monday, December 4th, 2006As this report by Glenda Korporaal from The Australian reveals, we always suspected something was amiss, as rumors were going around that Melco PBL had cost overrun and delays on the Crown Macau casino project. Crown Macau was slated to open November 2006. Also the land deal for City of Dreams with the Macau Government […]
Record Sales For One Central Residences Macau
Wednesday, November 29th, 2006Macau property sector must still going strong. Although prices are lower than in Hong Kong, One Central Residences Macau, still got an average of HK$4,400 per square foot. The 600 uncompleted units sold raised HK$5.2 billion or US$666 million. An average price of US$1,100.000, most of those unites would have been sold to speculators in […]
Wynn Macau To Expand Further
Wednesday, November 15th, 2006We all know that Wynn Macau has already started the second phase earlier this year. So obviously the numbers are looking good and of course with the Grand Lisboa nearby rising higher into the sky everyday, all 228 meters of it, Steve Wynn really has no choice! Below status of construction November 2006.
Courtesy | Wynn […]
Sands Macau 3-Q revenue up 39%
Wednesday, November 1st, 2006And up and up the numbers go, a whopping 39% increase over the last quarter! Sheldon Adelson surely is laughing all the way to the bank! It will be interesting to see what Wynn Macau results will be, of course with Stanley Ho’s SJM we will never know!
We also mentioned earlier about the Hengqin Island […]
Shun Tak Sells One Central Residences
Wednesday, November 1st, 2006HONG KONG, Nov 2 (Reuters) - Shun Tak Holdings Ltd. said its property development unit had agreed to sell a residential tower in Macau to a financial services group in Iceland for HK$782.7 million (US$100.3 million) in cash.Shun Tak said in a statement the property unit, 51 percent owned by the company and 49 percent […]
Winnie Ho Gets First Points
Sunday, October 15th, 2006It seems that the Big Brother Dr. Stanley and Little Sister Winnie battle is never ending. These two are fighting like wolves and never seem to find even just a compromise. Mind they are not getting any younger either, as usual only the laywers are winning on this case.
Winnie Ho appealed to the Court of […]