50% of sneak preview tickets for Singapore’s Resorts World Sentosa casino & theme park snapped up: SINGAPORE: Fifty per cent of the sneak preview tickets to check out Singapore’s first casino and theme park were snapped up when they went on sale on Friday, despite the fact that none of the 20 rides and shows at Universal Studios will be ready. (Via Channel NewsAsia Singapore News.)
McDonald’s To Open Hamburger University In Shanghai: As a celebration of the 20th anniversary of McDonald’s entry into the Chinese market, the international fast food giant has announced plans to launch a new hamburger university in Shanghai, the company’s seventh worldwide, making the city a new human resources training base for McDonald’s in Asia Pacific.(Via ChinaRetailNews.com.)
Shanghai Watch Looks To Join Ranks Of Elite Brands: Although most of the world’s top watchmakers remain cozily ensconced within the borders of Switzerland, as with most luxury industries ‘the Chinese are coming’…in this case, to reinvent a brand better known for gracing the wrists of Mao Zedong and Zhou En’lai than Donald Trump or Warren Buffett. (Though the latter might be more open to it than we might assume.) This brand, Shanghai Watch (上海手表厂), started producing watches in the mid-1950s, amid a flurry of activity in the Shanghai wristwatch industry, and quickly established itself as the country’s top watchmaker. (Via Jing Daily :.)
Toyota president to testify before U.S. congressional panels: Toyota Motor Corp. President Akio Toyoda would testify before U.S. congressional committees on massive recalls of Toyota vehicles if he is formally asked to do so, Toyota officials said Friday. The automaker is hoping that if Toyoda appears in person at congressional hearings, it would help to revive trust in Toyota’s vehicles amid growing criticism of the automaker in the United States, they said. (Via Kyodo News (Business).)
Chinese snapping up real estate in Japan: Japan’s real estate market may be in a slump, but that is not deterring the Chinese from scooping up properties. Chinese money – that is, from ethnic Chinese living in Japan – is making its presence felt in a big way. A growing number of Chinese residents are turning to real estate investments in major cities as well as rural areas. (AsiaOne) (Via News On Japan.)
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