{"id":777004542,"date":"2023-04-21T14:38:46","date_gmt":"2023-04-21T17:38:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004542"},"modified":"2026-04-22T22:37:41","modified_gmt":"2026-04-23T01:37:41","slug":"sands-china-hosts-open-day-for-local-businesses","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-hosts-open-day-for-local-businesses","title":{"rendered":"Sands China hosts open day for local businesses"},"content":{"rendered":"\n

Sands China’s open day was attended by around 200 local businesses.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China <\/strong>has held an open day event for local businesses to learn about its procurement preferences. The event was attended by around 200 representatives from various sectors, including manufacturing, hospitality, and technology. <\/p>\n\n\n\n

The open day was a joint initiative with the Macau Chamber of Commerce <\/strong>under a programme that provides financial support, business matching, and training for small and micro-enterprises and youth start-ups. Sands China said that it could help provide valuable information for local enterprises looking to expand abroad.<\/p>\n\n\n\n

This year’s open day also featured a special counter for Marina Bay Sands<\/a>, an integrated resort owned by Las Vegas Sands in Singapore. <\/p>\n\n\n\n

Sands China revealed that its procurement expenditure <\/strong>reached as much as MOP5.9bn ($737.5m) last year, with local businesses accounting for nearly 90 per cent of that (MOP5.28bn). Sands China<\/a> has recently posted net revenue of US$1.28bn for the first quarter of the year, up 132 per cent when compared to last year. Its net loss was US$10m, down from US$336m in the prior-year period.<\/p>\n\n\n\n

Robert G. Goldstein<\/strong>, Sands China CEO and chairman said: \u201cIn Macau, we were pleased to see the ongoing recovery now underway in all gaming and nongaming segments accelerate during the quarter. <\/p>\n\n\n\n

\u201cWe remain deeply enthusiastic about the opportunity to continue our investments to enhance Macau\u2019s tourism appeal to travellers from throughout the region<\/strong>, including to foreign visitors to Macau.” <\/p>\n","protected":false},"excerpt":{"rendered":"

Sands China’s open day was attended by around 200 local businesses.<\/p>\n","protected":false},"author":176,"featured_media":26755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China hosted an open day for approximately 200 local businesses in Macau, detailing its procurement preferences and expenditure, which reached MOP5.9bn last year with 90% allocated to local enterprises. This initiative, in collaboration with the Macau Chamber of Commerce, aims to support SMEs and facilitate their international expansion. The event coincides with Sands China's Q1 net revenue growth of 132% amidst Macau's ongoing market recovery.","focusai_entities":"Sands China, Macau Chamber of Commerce, Marina Bay Sands, Las Vegas Sands, Robert G. Goldstein","focusai_location":"Macau, Singapore","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (1.0), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Procurement Strategy Impact","query":"How does Sands China's MOP5.28bn local procurement expenditure influence its operational cost structure and long-term supply chain resilience in the Macau gaming vertical?"},{"label":"Market Recovery Outlook","query":"What specific non-gaming segments are driving the accelerated recovery in Macau, and how do Sands China's planned investments align with these growth vectors to enhance tourism appeal?"}],"footnotes":""},"categories":[157,16338],"tags":[21680],"class_list":["post-777004542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777004542"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004542\/revisions"}],"predecessor-version":[{"id":777004562,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004542\/revisions\/777004562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26755"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}