Day: August 8, 2014

Chief Executive Fernando Chui Sai On said Thursday he wasn’t a person who simply does what people ask him to do and insisted that his government’s policy-making is based on scientific data. Asked by a reporter for claims that in the run-up to his re-election campaign he seemed just to do what people wanted him […]

CTM recorded a net profit of HK$531.6 million in the first half of this year, a year-on-year increase of 7.1 percent, CITIC Telecom International Holdings said in a statement to the Hong Kong Stock Exchange . According to the statement, CTM’s turnover rose 7.8 percent in the first six months. “Such increase in turnover was […]

Melco Crown Entertainment said Thursday that its second-quarter net revenue dropped seven percent year-on-year to US$1.19 billion “The decline in net revenue was primarily attributable to lower group-wide rolling chip revenues, partially offset by improved mass-market table games revenues,” the company said in a statement. VIP gamblers use so-called rolling chips which can’t be cashed […]