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Chinese tycoon flips 007 casino for all-in bet on South Korean island

SOMETIMES, all you need is a private jet. Soon after property tycoon Yang Zhihui bet his fortune on luring Chinese gamblers and investors to a giant casino resort project in South Korea, his ambitions were threatened by an economic war that flared up between the two nations. Yang not only weathered the political spat over […] The post Chinese tycoon flips 007 casino for all-in bet on South Korean island appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineApr 16th, 2018

Ripple of disappointment over Boracay shutdown reaches S. Korean travelers

        Busan, South Korea---The dismay over the temporary closure of Boracay Island later this month has spread far beyond its idyllic shores.   In South Korea, which until recently was the top source of Boracay's foreign visitors, there was a wave of disappointment for fans such as Brian Son, who works at a hotel and casino resort in Busan City.   Son and his wife spent their honeymoon in Boracay three years ago, a visit he hopes to repeat.   "It was big news here," he told the Inquirer. "It's sad for us."   President Rodrigo Duterte, who once called the island a "cesspool," approved the closure of the reso...Keep on reading: Ripple of disappointment over Boracay shutdown reaches S. Korean travelers.....»»

Category: newsSource:  inquirerRelated NewsApr 6th, 2018

Kim Jong Un heralds more North Korea economic reforms – analysts

SEOUL, South Korea – North Korean leader Kim Jong Un's promise to build "socialist economic construction" in his nuclear-armed but impoverished and isolated country could herald more Chinese-style economic reforms, according to analysts – but he will never explicitly say so. Alongside the declaration Saturday,  April 21, that the North had ........»»

Category: newsSource:  rapplerRelated News4 hr. 40 min. ago

PHL verifying photos of Chinese aircraft on reef

THE Philippines may lodge a protest with China against the reported presence of two military aircraft on a Chinese-built island in the South China Sea, the top Philippine diplomat said, amid concern that China is militarizing the waterway. The Philippine Daily Inquirer published pictures on Wednesday that it said showed two military transport aircraft on […] The post PHL verifying photos of Chinese aircraft on reef appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 18th, 2018

Philippines verifying photos of China military aircraft on reef

The Philippines may lodge a protest with China against the reported presence of two military aircraft on a Chinese-built island in the South China Sea, the top Philippine diplomat said, amid concern that China is militarising the waterway......»»

Category: newsSource:  interaksyonRelated NewsApr 18th, 2018

North Korea s Kim Jong-Un greets Chinese official, calls for stronger ties

SEOUL, South Korea (UPDATED) – North Korean leader Kim Jong-Un personally greeted a top Chinese official in Pyongyang and called for stronger ties with Beijing, state media from both countries said Sunday, April 15, as the traditional allies seek to heal battered relations. Kim met Song Tao, head ........»»

Category: newsSource:  rapplerRelated NewsApr 16th, 2018

North Korea s Kim Jong Un greets Chinese official, calls for stronger ties

SEOUL, South Korea – North Korean leader Kim Jong Un personally greeted a top Chinese official in Pyongyang and called for stronger ties with Beijing, state media said Sunday, April 15, as the traditional allies seek to heal battered relations. Kim met Song Tao, head of the Chinese Communist Party Central ........»»

Category: newsSource:  rapplerRelated NewsApr 15th, 2018

Why Pagcor provisionally approved Chinese firm s Boracay casino

MANILA, Philippines – The operator of a soon-to-be $500-million, 23-hectare integrated resort and casino in Boracay recently bagged a provisional license from the Philippines' gaming regulator, raising concerns about its timing with the island's impending 6-month closure. Boracay Philippines Resort and Leisure Corporation (BPRLC) – ........»»

Category: newsSource:  rapplerRelated NewsApr 11th, 2018

Sereno on quo warranto petition, Bureau of Immigration bribery scandal, Zuckerberg apologizes | Midday wRap

Today on Rappler: Chief Justice Maria Lourdes Sereno tells the Supreme Court that the Statements of Assets, Liabilities, and Net Worth is not a requirement of integrity.  Wally Sombero , the alleged middleman of Chinese casino tycoon Jack Lam in the Bureau of Immigration bribery-corruption case, surrenders to the Philippine National Police. .....»»

Category: newsSource:  rapplerRelated NewsApr 11th, 2018

Malacañang: No casinos in Boracay, period

MANILA, Philippines – Malacañang released a vaguely worded statement on casinos in Boracay on Tuesday, April 10, after President Rodrigo Duterte denied knowing of a Chinese company's plan to build a casino in the popular island. "Boracay closed to tourists and no casinos in Boracay. Period," said Presidential Spokesperson Harry ........»»

Category: newsSource:  rapplerRelated NewsApr 10th, 2018

North Korean foreign minister meets counterpart in Beijing

BEIJING: North Korea’s foreign minister held talks with his Chinese counterpart in Beijing on Tuesday, a week after Pyongyang’s leader Kim Jong Un made a surprise trip to China before planned summits with the US and South Korean presidents. The latest visit, disclosed by China’s foreign ministry, is part of a flurry of diplomacy that [...] The post North Korean foreign minister meets counterpart in Beijing appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 3rd, 2018

Kim, Xi portray strong ties after NKorea leader’s China trip

BEIJING --- With smiles and firm handshakes, North Korea and China used a surprise summit this week to show that despite recent tensions, Pyongyang still has a powerful backer and Beijing will not be sidelined in discussions about the fate of its unpredictable neighbor. North Korean leader Kim Jong Un's secretive talks with Chinese President Xi Jinping in Beijing appear aimed at improving both countries' positions ahead of Kim's anticipated meetings with South Korean President Moon Jae-in and President Donald Trump in the coming weeks. A key objective for Beijing is to reassert its relevance to the talks, from which it has been excluded. China has appeared increasingly shut out...Keep on reading: Kim, Xi portray strong ties after NKorea leader’s China trip.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2018

North Korean leader s trip to China confirmed

BEIJING — South Korea and Chinese media have confirmed that North Korean leader Kim Jong Un has visited China......»»

Category: newsSource:  philstarRelated NewsMar 28th, 2018

North Korea s Kim met China s Xi on first foreign trip

BEIJING, China (UPDATED) – North Korea's Kim Jong-Un has made his  first ever foreign trip as leader to meet China's president, vowing he is "committed to denuclearization" and willing to hold summits with the South and the US. The secretive visit was confirmed Wednesday, March 28, by Chinese and North Korean state media ........»»

Category: newsSource:  rapplerRelated NewsMar 28th, 2018

US warship sails near disputed islands in South China Sea, Chinese navy to carry out combat drills

A US Navy destroyer carried out a “freedom of navigation” operation on Friday, coming within 12 nautical miles of an artificial island built by China in the South China Sea, US officials told Reuters. This, as the Chinese military’s official newspaper said on Friday its navy will carry out combat drills in the South China Sea, describing the move as part of regular annual exercises......»»

Category: newsSource:  interaksyonRelated NewsMar 23rd, 2018

Chinese, Korean tourists top Boracay arrivals

MANILA, Philippines – Facing closure threats and environmental woes, Boracay Island remained the destination of choice by Chinese and Korean travelers for the first two months this year.  Based on data from the Malay Municipal Tourism Office, 262,488 foreigners visited the island from January to February, up ........»»

Category: newsSource:  rapplerRelated NewsMar 11th, 2018

North Korea cyber threat more aggressive than China – US firm

SEOUL, South Korea – North Korean hackers are becoming more aggressive than their Chinese counterparts, a leading US cybersecurity firm warned on Tuesday, February 20, as it identified a Pyongyang-linked group as an "advanced persistent threat". It was the first time that FireEye had used the designation for a North Korean-based ........»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2018

Macau faces major challenges if China casino monopoly ends

HONG KONG — A plan to allow gambling on the Chinese island of Hainan and pave the way for casinos less than 300 miles (480 kilometers) from Macau could pose a challenge to the $33-billion industry fueling revenue for Las Vegas Sands Corp. and Wynn Resorts Ltd. Government agencies are considering allowing online betting and […] The post Macau faces major challenges if China casino monopoly ends appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 5th, 2018

Chinese, SKorean envoys to discuss North in Seoul

BEIJING: China will send a special envoy to Seoul to discuss the situation on the Korean peninsula ahead of proposed talks between North and South Korea, the foreign ministry said Thursday. China’s Vice Foreign Minister Kong Xuanyou will visit Friday and Saturday to “exchange views” with Lee Do-Hoon, Seoul’s envoy on Korean peninsula peace talks, [...] The post Chinese, SKorean envoys to discuss North in Seoul appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 4th, 2018

Top local destinations of 2017

The Philippines saw a double-digit increase, 11.54 percent, in tourist arrivals in 2017, compared to the previous year. The Department of Tourism (DOT) credited the influx of Chinese tourists from January to October, based on a press statement dated Dec. 12. Still comprising the bulk were 1.3 million South Korean visitors that accounted for 24.33 percent of total arrivals, followed by China (14.81 percent), the United States (14.34 percent), Japan (8.97 percent) and Australia (3.77 percent). The DOT says the top destinations in the country this year included Banaue, described as a place "where land merges with the clouds to meet the heavens"; Bohol's Chocolate Hills; the capita...Keep on reading: Top local destinations of 2017.....»»

Category: newsSource:  inquirerRelated NewsDec 22nd, 2017

Naples pizza twirling seeks nod as UNESCO intangible

PARIS, France – Naples' art of pizza twirling is a candidate to join UNESCO's list of "intangible heritage" next week along with a wealth of other cultural treasures such as Saudi Arabian wall painting and Bangladeshi cane weaving. Meeting on the South Korean island of Jeju, the UN cultural body's ........»»

Category: newsSource:  rapplerRelated NewsDec 2nd, 2017