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FEC reports surge in revenue in FY24 despite market volatility

Hong Kong Stock Exchange-listed Far East Consortium has announced an increase in revenues for the financial year ending in the financial year ending March 31st, 2024, after facing 'significant challenges' due to heightened market volatility from fluctuating interest rates and unpredictable global economic conditions.

China raises duty-free limit for visitors to Macau and Hong Kong starting in July 

Beginning July 1st, Chinese visitors will be allowed up to $2,000 in duty-free shopping in Hong Kong and Macau, nearly doubling the current limit. This move aims to support the cities' recovery from the impact of the pandemic.

Taiwan raises travel alert for Macau

The instability in the Taiwan Strait is starting to impact Macau’s tourism, as Taiwan's Mainland Affairs Council (MAC) announced on Thursday that it has raised its travel alert for China, Hong Kong, and Macau to the second-highest level, an orange alert.

Curacao Master License holder informs clients of license expiry

One of the existing Curacao master license holders has officially announced that its license will expire on August 18th.

APAC interest on UEFA Euro 2024 football championship among highest globally: Report

Interest in the UEFA Euro 2024 is considerably high globally, with Africa and the Asia-Pacific region standing out in their interest for broadcasts of the competition, the latest TGM Global Euro Report 2024 shows.

China plans to increase duty-free limit for visitors to Hong Kong: Report

Chinese tourists are set to benefit from expanded duty-free shopping privileges in Hong Kong as Beijing plans to increase the current purchasing limit by up to sixfold, according to a report from Hong Kong media outlet Ming Pao.

Laos to grant visa-free entry for Chinese tourists starting in July

Laos is set to implement a visa-free policy for Chinese visitors to boost tourism, starting next Monday in July.

MGM China lists $500 million in senior notes

Macau gaming operator MGM China listed $500 million of 7.125 percent senior notes due 2031 on Thursday, June 27th.

Macau Slot’s net profits grow in 2023; auditor flags financial disclosure issues

Macau Slot Co. Ltd., a sports betting concessionaire operating in Macau reported a 15 percent year-on-year increase in net profits in 2023, with an independent auditor flagging some financial disclosure issues.

Palasino sees 81% profit drop due to one-off expenses

Hong Kong Stock Exchange-listed Palasino Holdings Ltd has reported a sharp 81 percent decline in annual profits, despite an overall increase in revenue.