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...says he did it by capitalizing on his home-field advantage and ample gaming experience. His pedigree is certainly formidable. Ho is the son of Stanley Ho, the 86-year-old tycoon who held a monopoly on Macau's casinos for four decades until the government issued new licenses in 2002. Lawrence and sister Pansy both started working in the family business but struck out on their own after the market opened up - in competition with their father. Pansy teamed with Vegas firm MGM Mirage to develop casino-hotels in Macau, opening the MGM Grand Macau in 2007. Stanley...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

...Chang, who likes to be called Stanley, had never even flown as a passenger when he saw an ad seeking trainee pilots for Xiamen Airlines. A bit bored by biology and lured by the prospect of a big pay rise, he applied for the job. Eyesight was the strictest test he needed to pass. "Experience," he recalls, "was not important...

Author: /time Magazine | Title: Flying Without Wings | 9/4/2008 | See Source »

...experience is coming today in Brisbane, Australia, where Stanley and five other trainees from Xiamen and China Eastern airlines are part of a trial that Boeing, through its pilot-training subsidiary Alteon, thinks could change the way pilots are trained worldwide...

Author: /time Magazine | Title: Flying Without Wings | 9/4/2008 | See Source »

...radical idea is to teach novices to fly a modern jet airliner in a little over a year. Unlike the traditional route to the cockpit, this course places limited emphasis on flying real planes; instead it focuses on training in simulators and teamwork. "Each person finds different things difficult," Stanley says of the challenge of handling the switches, knobs and screens in front of him and the responsibility for a hundred lives behind. "For some it will be memory, for others it will be handling skill. I had never driven a car, so motor skills - handling skills - were not very...

Author: /time Magazine | Title: Flying Without Wings | 9/4/2008 | See Source »

...locating them strategically near ports and cities with large pools of labor, India has approved more than 500 SEZs as small as 5 hectares (12.3 acres), and scattered them all over the country. "I don't think that really makes sense," says Chetan Ahya, a managing director at Morgan Stanley in Mumbai. Throw in inconsistent guidelines about how to compensate displaced landowners, and standoffs like this one were all but inevitable. This is not the first heated protest over SEZs since the policy was put into place. "If they had let the private sector negotiate directly with farmers that would...

Author: /time Magazine | Title: The People vs. the People's Car | 9/3/2008 | See Source »

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