South Korea’s sole casino operator open to local citizens, Kangwon Land, is expected to generate sufficient revenue to help clear the remaining debt of the former state-run coal entity, even as the group faces a projected decline in net income for the current financial year.
Global casino operator MGM Resorts International is increasingly positioning Asia as a key growth engine, as accelerating cash flow strengthens its capacity to invest across the region. Analysts point to improving operating performance and balance-sheet flexibility as factors supporting the group’s longer-term Asia strategy.
Jewellery giant Chow Tai Fook has reported a strong rebound in sales as demand for luxury jewellery continues to recover across mainland China, Hong Kong, and Macau, reflecting improving consumer sentiment and a gradual return of high-spending shoppers.
Luxury travel retailer DFS has confirmed that there will be no reduction in staffing levels at its Macau resort duty-free stores following their planned acquisition by a Chinese state-linked enterprise. The clarification aims to ease concerns among employees and industry observers as ownership of the retail operations transitions to new hands.
Japan welcomed more than 42 million foreign visitors in 2025, setting a new all-time record and underscoring the country’s powerful post-pandemic tourism resurgence. The milestone highlights Japan’s re-emergence as one of the world’s most attractive travel destinations, driven by a weak yen, expanded air connectivity and sustained global interest in Japanese culture, cuisine and urban experiences.
Author: Janice Chew • Thursday, 22/01/2026
