LV Sands Borrows to Fund Cotai Macau

Bloomberg.com: Asia
Las Vegas Sands Corp., the world’s largest casino company by market value, may borrow about $7 billion to expand and refinance debt for projects in Macau, according to three people familiar with the deal.
The company is in talks with lenders for the deal, which would be its biggest outstanding loan, to help fund new […]

Pope sees Hong Kong and Macau Bishops

Pope Benedict XVI praised the visiting bishops of Hong Kong and Macaufor showing that “one can be authentically Catholic and authenticallyChinese,” and he prayed “the day will soon come” when mainland bishopstoo can visit the Holy See.
On June 27, the pope first welcomed Cardinal Joseph Zen Ze-kiun ofHong Kong in his private library for a […]

Free Movement between Macau and Hong Kong Coming Up!

The residents fo Macau and Hong Kong will be able to move between their borders with greater ease in the short term, the Macau secretary for the Economy and Finance saidMonday.
He said that there was a bilateral consensus, “on the procedures and ease of entry and exit of borders that is more convenient for residents […]