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Culture and Sport
CULTURE AND SPORT Culture and Sport Eastern and western cultures have co-existed in Macao for over 400 years. A wide variety of cultural traditions, languages, values, religious beliefs, and customs have all existed side by side and influenced one another. Out of this melting pot, a regional culture unique to Macao has gradually developed into its present richness. Macao’s culture is thus a diverse mixture, with traditional Chinese culture as its heart, and it has assimilated Western, particularly Portuguese, cultural influences in perfect harmony. Following its policy of promoting Chinese culture while preserving the unique pluralistic cultural heritage of Macao, the Government has hosted various cultural and artistic activities invited art troupes from mainland China and overseas, as well as Macao, to perform. These have created opportunities for audiences to learn more about the history, society, and culture of different regions, as well as enhancing cultural exchange and the quality of cultural life of Macao’s residents. Cultural Affairs Bureau The Cultural Affairs Bureau is a Government department that sets out the Government’s key objectives in cultural matters. The bureau is responsible for protecting cultural heritage, giving guidance on aesthetic appreciation, supporting community organisations, nurturing talent in arts and culture, developing local cultural industries, as well as organising cultural entertainment programmes, such as concerts, exhibitions, seminars, music classes, dance, drama courses, Macao International Parade, Macao International Music Festival, Macao Arts Festival, Macao City Fringe Festival, China Cultural Heritage Day, Macao Youth Music Competition and Macao Annual Visual Arts Exhibition. It also provides subsidies for different cultural and art programmes as well as scholarships to support the publication of research and advanced studies about arts. -
A Sensational Season Full of Celebrations
Motorsport News UK UK Edition - End of season 2018 A sensational season full of celebrations... Image Tag Image Tag Motorsport News UK UK Edition - November 2018 Final ‘Stats’... FUCHS & FUCHS Silkolene have enjoyed lots of success in 2018 with champions across the board. See where everyone finished in our tables below. 2 Wheel Motorsport 4 Wheel Motorsport Championship Team / Rider Position Championship Team / Driver Position BSB JG Speedfit Kawasaki BTCC Ciceley Motorsport Leon Haslam 1st Adam Morgan 7th Luke Mossey 15th Tom Oliphant 22nd Be Wiser Ducati (PBM) FUCHS LUBRICANTS Paul Barrett 1st Glenn Irwin 3rd MSA BHRC Shane Byrne 16th Andrew Irwin 17th FUCHS LUBRICANTS Simon Tysoe 1st Smiths Racing RAC RMC Peter Hickman 5th Sylvain Barrier 21st MSA Supernational Bellerby Motorsport 4th FS-3 Racing Rallycross Paige Bellerby Danny Buchan 11th Championship Halsall Racing BMW Mini Bellerby Motorsport 4th Chrissy Rouse 22nd Rallycross Drew Bellerby Championship National 1000cc EHA Racing Superstock Joe Collier 3rd BRC CA1 Sport Andy Reid 8th David Bogie 3rd FS-3 Racing Lee Jackson 6th National Hot Rod M&M Motorsport Halsall Racing Gavin Murray 4th* Tom Ward 15th Scottish Mini Ashleigh Morris 10th British Supersport EHA Racing Cooper Cup Championship David Allingham 6th Alistair Seeley 9th Scottish Mini Ashleigh Morris 1st Ross Twyman 11th Cooper Cup - Ladies CF Motorsport BARC Modified Holden Racing UK Kyle Ryde 21st Saloons Alex Sidwell 5th British Junior Team 109 Racing Supersport Eunan McGlinchey 1st Civic Cup Sharp Motorsport Arron Sharp -
2020 Annual Report
Stock Code: 1928 and Note Stock Codes: 5140, 5141, 5142, 5725, 5727, 5733, 40246, 40247, 40584, 40585 www.sandschina.com From Luxury Duty Free Shopping, Exciting Entertainment and Fabulous Dining to World-Class Hotel Suites and MICE, Come and Discover Everything at Sands China. SANDS CHINA LTD. CONTENTS 1. OVERVIEW 4 1.1 Financial Results Summary 4 1.2 Highlights of 2020 5 1.3 Directors and Senior Management 11 2. BUSINESS REVIEW 18 2.1 Chairman’s Statement 18 2.2 Business Overview and Outlook 20 2.3 Our Properties 26 2.4 Management Discussion and Analysis 33 2.5 Priority Risk Factors 47 2.6 Stakeholder Information 59 3. CORPORATE GOVERNANCE 66 REPORT 3.1 Introduction 66 3.2 Corporate Governance Code Compliance 66 3.3 Board Governance Structure 67 3.4 The Board 68 3.5 Audit Committee 74 3.6 Remuneration Committee 76 3.7 Nomination Committee 78 3.8 Capex Committee 81 3.9 Risk Management and Internal Control 82 3.10 Shareholders 87 3.11 Compliance Disclosures and Other Matters 90 3.12 Directors’ Report 92 4. FINANCIAL STATEMENTS 113 4.1 Independent Auditor’s Report 113 4.2 Financial Statements 117 4.3 Notes to the Consolidated Financial Statements 123 4.4 Financial Summary 193 5. CORPORATE INFORMATION 194 6. CONTACT US 195 7. GLOSSARY 196 In case of any inconsistency between the English version and the Chinese version of this Annual Report, the English version shall prevail. SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS 2 ANNUAL REPORT 2020 SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS our Luxurious Hotel Rooms and Suites await you. -
Booming Macau
CHINA BOOMING MACAU ©Raphaël Fournier An advertisement for the Galaxy Casino. Macau is the Las Vegas of the East, the world’s gambling paradise Gambling in Macau generates in excess of 30 billion dollars a year In October the Hong Kong-Zhuhai-Macau Bridge was opened. It is the world’s longest bridge The bridge will further increase the number of tourists, which in 2025 are due to reach record levels of 40 million Too many according to the authorities: the peninsula is small and it is necessary to introduce a maximum limit. But How? The Grand Lisboa Casino. Opened in 2006, it is owned by Stanley Ho, holder of the gambling licenses monopoly in Macau until 2002. A tourist in front of The Venetian Casino. The lights of the Grand Lisboa Casino. Chinese gamblers taking a break outside a casino. The tourist invasion of the gambler’s paradise The Las Vegas of the East, the gambling town par excellence, one of the richest places on the planet (it is due to overtake Qatar in 2020) – it is, of course, Macau. The former Portuguese colony was returned to Chinese control in 1999, but with one particularity: it is the only place in China where gambling and casinos are legal. Macau – known by the Chinese as Aomén – is famous for two things: money (it is a tax haven) and the tourists attracted by the roulette, poker and slot machines. Here one in five inhabitants works in a casino and more than 70% of government revenues is derived from gambling, an activity that brings wealth (in excess of 30 billion dollars a year) and that in 2018 alone attracted almost 36 million visitors to Macau. -
The Globalization of Chinese Food ANTHROPOLOGY of ASIA SERIES Series Editor: Grant Evans, University Ofhong Kong
The Globalization of Chinese Food ANTHROPOLOGY OF ASIA SERIES Series Editor: Grant Evans, University ofHong Kong Asia today is one ofthe most dynamic regions ofthe world. The previously predominant image of 'timeless peasants' has given way to the image of fast-paced business people, mass consumerism and high-rise urban conglomerations. Yet much discourse remains entrenched in the polarities of 'East vs. West', 'Tradition vs. Change'. This series hopes to provide a forum for anthropological studies which break with such polarities. It will publish titles dealing with cosmopolitanism, cultural identity, representa tions, arts and performance. The complexities of urban Asia, its elites, its political rituals, and its families will also be explored. Dangerous Blood, Refined Souls Death Rituals among the Chinese in Singapore Tong Chee Kiong Folk Art Potters ofJapan Beyond an Anthropology of Aesthetics Brian Moeran Hong Kong The Anthropology of a Chinese Metropolis Edited by Grant Evans and Maria Tam Anthropology and Colonialism in Asia and Oceania Jan van Bremen and Akitoshi Shimizu Japanese Bosses, Chinese Workers Power and Control in a Hong Kong Megastore WOng Heung wah The Legend ofthe Golden Boat Regulation, Trade and Traders in the Borderlands of Laos, Thailand, China and Burma Andrew walker Cultural Crisis and Social Memory Politics of the Past in the Thai World Edited by Shigeharu Tanabe and Charles R Keyes The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung The Globalization of Chinese Food Edited by David Y. H. Wu and Sidney C. H. Cheung UNIVERSITY OF HAWAI'I PRESS HONOLULU Editorial Matter © 2002 David Y. -
Press Kit 2018 // Introduction
Press Kit 2018 // introduction Launched in 2016 by Renault Sport Racing and Renault Sport Formula One Team, the Renault Sport Academy is tasked with discovering and nurturing young driver talent through the racing ranks, where, ultimately, Renault Sport Formula One Team aims to find drivers able to deliver the team world championship titles. Drivers are selected on ability and potential, with the Academy able to draw upon Renault Sport Racing’s vast experience in motorsport as well as its global markets to find such talent. Mia Sharizman manages the programme and has a range of experience in motorsport including at Formula 1, Formula 2 and GP3 level. For 2018, the Academy has retained four drivers from its 2017 intake. Jack Aitken, a member since its inception in 2016, signs for a third year, as does Sun Yue Yang. Max Fewtrell and Christian Lundgaard both impressed in their first seasons with the Academy and both remain for a second year. The Academy is delighted to welcome three new drivers to the programme. As part of his prize for winning the highly-competitive Formula Renault Eurocup, Sacha Fenestraz has agreed to accept a place with the Academy. Arthur Rougier, winner of the 2017 French Formula 4 Championship, is on-board for 2018, alongside Victor Martins, runner-up to Arthur in his rookie season of single-seater racing. Four members will go wheel to wheel in the Formula Renault Eurocup in 2018 with Max, Christian, Arthur and Victor all set to contest the exciting series that races on nine Grand Prix circuits, including the streets of Monaco. -
訊 息 息 Informationen
訊訊 息 息 Informationen In eigener Sache: China heute erhält englischsprachige Schwesterzeitschrift Religions & Christianity in Today’s China Den chinesischen Titelschrift- zug für Religions & Christianity in Today‘s China kalligraphierte Dr. Yang Xusheng (Beijing). Im Zuge seiner verstärkten Internationalisierung und auf- des China-Zentrums. Die Startnummer ging am 5. August grund des von vielen geäußerten Wunsches, einige Artikel 2011 online. Inhaltlicher Schwerpunkt dieser ersten Num- von China heute auch in englischer Sprache lesen zu kön- mer ist das 8. Europäische Katholische China-Kolloquium nen, gibt das China-Zentrum zusätzlich zu China heute seit (Freising, September 2010) zum Thema „Chinesen in Euro- diesem Sommer auch eine englischsprachige Zeitschrift pa – Trends und katholische Perspektiven“. heraus. Religions & Christianity in Today’s China wird künf- Interessierte Leser können das neue e-Journal kosten- tig sowohl eigene Beiträge wie auch Artikel aus China heute los von unserer Website www.china-zentrum.de herunter- enthalten, welche in die englische Sprache übersetzt wur- laden. Dort besteht auch die Möglichkeit, sich für einen den. Auch die „Chronik zu Religion und Kirche in China“ Newsletter einzutragen, der Sie per E-Mail jeweils über das aus China heute wird fester Bestandteil der neuen Zeit- Erscheinen einer neuen Ausgabe informiert. schrift. Religions & Christianity in Today’s China fungiert Für die Veröffentlichung unserer Zeitschriften sind wir zugleich als eine Art Fortführung der Reihe European Ecu- auf Unterstützung angewiesen. Wir freuen uns über jede menical China Communication, die seit 1992 vom China- Spende. Zentrum veröffentlicht wurde und vor allem Beiträge der Wir hoffen, dass Religions & Christianity in Today’s Chi- Europäischen Ökumenischen und Katholischen China- na ebenso wie China heute das Interesse vieler Leserinnen konferenzen enthielt. -
Hooray for Summer
6月 JUN | NO. 132 2014 ENGLISH VERSION | Hooray for summer 13-15/6 Longer days mean more sunny hours to enjoy the Cultural events abound, on the informal side with song and The Macau Science Centre Feast of Na Tcha city’s outdoor scene, and visiting the many parks and dance in public areas all over town on the weekends, or turns the spotlight on the public spaces celebrating the Lotus Flower Festival, head over to the Macau Tea Culture House for a refreshing Planetarium, with the exciting and Near the Ruins of St. Paul’s, the World taking part in the Feast of Na Tcha and the Feast of pick-me-up. “Step Out, Experience Macau’s Communities” illuminating IPS-Macau International Fulldome Festival Heritage-listed Na Tcha Temple is the Kuan Tai, revisiting the Historic Centre of Macau, or walking tours bring many of the city’s lesser-known 2014. There are also spectacular events and exhibitions scene of three days of celebrations for exploring off-the-beaten-track neighborhoods. June communities to life and shows visitors another side of galore in Cotai like the Transformers 30th Anniversary Expo. the Feast of Na Tcha (15/6) highlighted also brings traditional celebrations that emphasize Macau. Better known are Nam Van Lake and Sai Van, where by a ceremony (9 am to 5 pm on 13/6), Macau’s European influences, with the Procession of you can join a “Happy Safari”, and the Inner Harbor, where While exploring Macau’s neighborhoods, take in the Taipa parade (starts at 2:30 pm on 14/6) St. -
Celebrity Chef Graham Elliot Sharing Session– Creativity X Gastronomy’ Promoting the Integration of Creativity with Local Food Culture
IMMEDIATE RELEASE MGM Organizes ‘Celebrity Chef Graham Elliot Sharing Session– Creativity X Gastronomy’ Promoting the Integration of Creativity with Local Food Culture [July 25, 2018, MACAU], MGM is bringing innovative dining concepts to showcase Macau’s dynamic culinary scene and support the city as a global destination through its two properties, MGM MACAU and MGM COTAI. At the beginning of the year, an exchange session on how to enhance the city’s gastronomic development with art and cultural elements was taken place between one of MGM COTAI’s consulting celebrity chefs, Chef Graham Elliot, and the Task Group for the Promotion of Gastronomy and Cultural Industries of The Committee of Cultural Industries of Macao SAR Government. Taking this initiative to the next level, MGM organized the “Celebrity Chef Graham Elliot Sharing Session– Creativity X Gastronomy” on July 25. The sharing session was held at the Macao Young Entrepreneur Incubation Centre, where over 100 local young entrepreneurs got up close and personal with the chef. During the sharing session, Chef Graham shared his personal journey as a chef and a television personality from popular cooking show Top Chef, and his experience in cooking. He also shed lights on the latest culinary trends in Macau and the world, as well as discussed with participants how to integrate creativity with gastronomy, adding uniqueness to the culinary landscape of Macau. To gain an in-depth understanding of Macau’s creative industries and food culture, Chef Graham visited some creative lifestyle shops, restaurants run by young entrepreneurs, and traditional shops in the old Macau neighborhoods of Rua dos Ervanários and Rua de Cinco de Outubro. -
Culture and Sport
CULTURE AND SPORT Culture and Sport Culture and Sport Eastern and western cultures have co-existed in Macao for over 400 years. A wide variety of cultural traditions, languages, values, religious beliefs, and customs have all existed side by side and influenced one another. Out of this melting pot, a regional culture unique to Macao has gradually developed into its present richness. Macao’s culture is thus a diverse mixture, with traditional Chinese culture as its heart, and it has assimilated Western, particularly Portuguese, cultural influences in perfect harmony. Following its policy of promoting Chinese culture while preserving the unique pluralistic cultural heritage of Macao, the Government has hosted various cultural and artistic activities invited art troupes from mainland China and overseas, as well as Macao, to perform. These have created opportunities for audiences to learn more about the history, society, and culture of different regions, as well as enhancing cultural exchange and the quality of cultural life of Macao’s residents. Cultural Affairs Bureau The Cultural Affairs Bureau is a Government department that sets out the Government’s key objectives in cultural matters. The bureau is responsible for protecting cultural heritage, giving guidance on aesthetic appreciation, supporting community organisations, nurturing talent in arts and culture, developing local cultural industries, as well as organising cultural entertainment programmes, such as concerts, exhibitions, seminars, music classes, dance, drama courses, Macao International Parade, Macao International Music Festival, Macao Arts Festival, Macao City Fringe Festival, Chinese Culture and Natural Heritage Day, Macao Youth Music Competition and Macao Annual Visual Arts Exhibition. It also provides subsidies for different cultural and art programmes as well as scholarships to support the publication of research and advanced studies about arts. -
Annual Report 2017 1
CONTENTS Key Performance Indicators 14 Corporate Profile 16 Corporate Structure 17 Chairman & CEO’s Statement 18 Management Discussion and Analysis 20 Management Profile 34 Environmental, Social and Governance Report 38 Corporate Governance Report 54 Report of the Directors 63 Independent Auditor’s Report 93 Consolidated Statement of Profit or Loss and Other Comprehensive Income 98 Consolidated Statement of Financial Position 100 Consolidated Statement of Changes in Equity 102 Consolidated Statement of Cash Flows 105 Notes to Consolidated Financial Statements 107 Five Years Financial Summary 207 Corporate Information 208 Melco International Development Limited | Annual Report 2017 1 A TRUE LANDMARK FOR ALL OF MACAU Constantly upping its ante in the Macau integrated resort scene, our flagship property City of Dreams is heralding the start of a new era of hospitality sophistication in Macau. With the launch of the Forbes 5-Star hotel Nüwa, the rebranding and redevelopment of The Countdown, and the eagerly awaited opening of Morpheus, the cornerstone of the final phase of development for City of Dreams, the property sets a new benchmark for luxury and entertainment in Macau. A SPARKLING ENTERTAINMENT WONDERLAND Combining electrifying entertainment with Forbes 5-Star hotel, Michelin-starred dining and designer brand shopping, the cinematically-themed resort Studio City takes thrilling entertainment to a whole new level in Asia. Studio City is further embarking on a series of property upgrades to refine the entertainment offerings and improve accessibility into the resort, striving for bringing the biggest, boldest and most exciting attractions to Macau. THE WINNING HAND IN THE PHILIPPINE ENTERTAINMENT SCENE Featuring 3 luxurious hotel brands, various premium dining outlets and one-of-a-kind entertainment, the dynamic and innovative resort City of Dreams Manila is playing a key role in strengthening the depth and diversity of the Philippines’ leisure, business and tourism offerings. -
Melco Presents Celine Dion in Concert for the First Time in Cyprus
Press Release [For Immediate Publication] 18 October 2019 Melco presents Celine Dion in concert for the first time in Cyprus Demonstrating Melco’s commitment to bringing world-class entertainment to the region as the event’s sole presenter Melco announces it will soon present Cyprus’ first ever Celine Dion concert as the event’s main sponsor, demonstrating the Company’s commitment to bringing world-class entertainment to the region. The award-winning French-Canadian singer’s “Celine Dion Courage World Tour, Cyprus, presented by Melco Resorts and Entertainment” will take place at GSP Stadium, Nicosia on 2 August 2020. Mr. Craig Ballantyne, Property President of City of Dreams Mediterranean and Cyprus Casinos “C2”, said: “Melco has long been dedicated to presenting world-class entertainment offerings that go beyond gaming for the premium travel segment. Achieving this through continuous collaborations with outstanding partners, we are pleased to support Celine Dion in concert for the first time in Cyprus. In alignment with the mission of the forthcoming City of Dreams Mediterranean, the first and largest Integrated Casino Resort (ICR) in Europe, to attract and excite customers from all over the world, we anticipate the concert will enthuse and draw fans from around the region, for the chance to enjoy the singer’s thrilling performance which will further enhance the local tourism industry’s appeal. We look forward to presenting many more world-class experiences and attractions when the ICR’s doors officially open in 2021.” “Courage World Tour” is the fourteenth concert tour by Celine Dion and the artist’s first world tour in over a decade.