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LATEST NEWS

LATEST NEWS

Philippines

PH lawmaker calls for amendments to Bank Secrecy Law to curb money laundering/fraud

Kelsey Wilhelm -
A Philippine lawmaker is pushing for amendments to the nation’s Bank Secrecy Law to curb illegal activities by improved oversight.
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Cambodia

Cambodia strengthens foreign residency regulations to enhance tourism and investment

Nelson Moura -
The Cambodian Ministry of Interior has directed the General Department of Immigration (GDI) to tighten oversight of foreign nationals' residency in order to bolster national security and instill confidence among tourists and investors.
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Vietnam

Vietnam Deputy PM calls for streamlined tourism measures to hit 25M target this year

Kelsey Wilhelm -
Vietnam’s Deputy Prime Minister has called on authorities to streamline e-visa issuances and other procedures to meet the nation’s goal of 25 million international visitors this year.
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Pacific Islands

Imperial Pacific majority shareholder Lijie Cui arrested by ICE in the United States

Kelsey Wilhelm -
United States Immigration and Customs Enforcement (ICE) has arrested Imperial Pacific majority shareholder Lijie Cui for alleged immigration violations.
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United States

IGT expands Andy Hendrickson’s role to Chief Product & Technology Officer

Kelsey Wilhelm -
International Game Technology (IGT) has announced that executive Andy Hendrickson will see his role expanded at the group to Chief Product & Technology Officer (CPTO).
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Macau

Melco announces April pay rise of 2% to 6.3% for eligible staff

Viviana Chan -
Melco to implement April 2026 salary adjustment for non-management staff, raising pay by 2%–6.3% across Macau and Hong Kong operations.
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Vietnam

Hoiana Resort & Golf second phase expansion to add 1,000 new five-star hotel rooms: Report

Nelson Moura -
Hoiana Resort & Golf is adding 1,000 new five-star hotel rooms, a convention center and a second golf course as part of a $1 billion second phase.
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Macau

Macau casinos receive $19.2M levy relief from foreign visitor play in 2024

Viviana Chan -
Six Macau gaming concessionaires secured $19.2 million in levy relief in 2024 as part of measures to encourage foreign visitor play.
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Macau

SJM moves to lower near-term maturities with $170.1M note tender

Viviana Chan -
SJM trims near-term debt maturities after completing a $170.1 million tender for its outstanding 4.5% senior notes due 2026.
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Macau

Wynn Macau to raise staff pay by up to 4.5%

Nelson Moura -
Wynn Macau indicated it will raise salaries for most of its workforce by between 2 and 4.5 percent from March 1st, the third Macau operator to do so this year.
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