Monday, October 18, 2021
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International Entertainment gains provisional license for Manila IR

International Entertainment posts widened loss on Covid-19 disruptions

Hong Kong-listed International Entertainment Corp reported a widened loss of HK$272.8 million for the year ended June 30, 2021. 
Andrew Lo, Summit Ascent

Summit Ascent recognized in Asiamoney polls

Summit Ascent has been named as one of the first companies for a dual-recognition in the “Asia’s Outstanding Companies Poll 2021” by Asiamoney Magazine.
hong Kong

HK wants to reopen China border both ways

Hong Kong chief executive Carrie Lam has reportedly asked Beijing for a path to eventually shed travel restrictions between Hong Kong and Mainland China.
Macau vaccinations

Macau vaccination rate lagging Hong Kong and Singapore

Authorities in Macau say that its vaccination rate is lagging other cities such as Singapore and Hong Kong, with just 49.6 percent of the population vaccinated.

Could Macau-HK travel bubble be moving closer to fruition?

Signs are stacking up that Macau and Hong Kong could be moving closer to a travel bubble. Reports indicate that, starting on Thursday, the Golden Bus service running across the Hong Kong-Zhuhai-Macau Bridge is going to be doubling its frequency - from three to six buses daily.

HK busts first suspected money smuggling ring via HKZM bridge

Five people have been arrested as Hong Kong authorities say that they have busted a money-laundering ring accused of smuggling nearly HKD170 million out of the city over three months via the Hong Kong-Zhuhai-Macau Bridge to Macau and Zhuhai.

Starlight Culture expecting a HK$41.1mil net loss for 1H21

Starlight Culture has warned that it is expecting to record a consolidated net loss of some HK$41.1 million for the first half of 2021.
Hong kong, macau, travel bubble

HK/Macau travel bubble positive, but don’t expect a gold rush

The travel bubble that is being discussed between Hong Kong and Macau would be a positive step in opening up the market, but wouldn’t necessarily lead to a surge in gross gambling revenue for the territory.

First Genting cruise to nowhere from HK departs July 30th

Genting Cruise Lines is going to have its first cruise out of Hong Kong on Friday evening: the Dream Cruises ‘seacation’, aboard the Genting Dream.
The 13 Hotel

Bermuda court issues winding up order for South Shore

South Shore Holdings, the company behind the opulent The 13 Hotel in Macau, announced on Tuesday that the company has been ordered to be wound up.