28 C
Friday, June 23, 2017


Not yet on the calendar

The 13 unable to confirm it will stick to the previous slated date for the hotel opening of July 2017, as the operating licence is still being processed by the local tourism office


Going once, going twice

After more than a year of negotiations Dah Sing’s insurance business has been sold for HK$10.6 bln

Fortinet: Demand for cyber security to increase

Cherry Fung, country manager for Hong Kong, Macau and Mongolia for cyber security firm Fortinet, says the demand for cyber security services in the Hong Kong market this year will drive the sector’s market value up 8.75 per cent, to MOP87 million, according to Hong Kong IT industry analytic website Unwire.pro. The county manager predicted that the demand for 2018 would further increase by 7 to 8 per cent. Last month the ‘ransomware’ cyber attack –...



Money in the bank

The MSAR’s foreign cash reserves continue to increase, reaching MOP152.7 billion as at the end of May, while the Monetary Authority of Macau has increased the base rate by 25 basis points to 1.5 per cent


Fong Son Kin: More industries sought for rejuvenated industrial buildings

Fong Son Kin, chairman of the Industrial Association of Macau (IAM), said the government could include more industries in industrial categories such as software development, movie making and photography studio. The comments came during TDM radio programme Macao Forum. Fong said the categories for industrial usage should be revised to suit current economic development in order to assure the full utilisation of industrial buildings. The government proposed the rejuvenation scheme for industrial buildings in 2011. However, due...

Never-ending Storey

Housing units in the pipeline were up 7.7 pct in Q1. With 503 new units obtaining licences, a 304 pct y-o-y uptick. The Peninsula will continue to supply the most new-builds, 85 pct of which will be smaller than 75 sq. m. While Taipa and Coloane focus on larger units. For public housing, the gov’t promises to open a new tender this year for units currently in the pipeline - but with no promises on division between economic and social housing.

Crowded Peninsula

Home alone

Homes for debts

Changing the bill


Bringing the fashion world home

Startup name: Inky Store Industry: Fashion Elevator Pitch: A wardrobe that makes people happy Interviewee: Founder Inky Leong





CCAC reminds gaming industry to sidestep elections

The local anti-graft body, the Commission Against Corruption (CCAC), has reiterated that gaming operators must not help promote any given candidate or list of candidates for the upcoming Legislative Assembly elections. The affirmation comes after a meeting held at the end of May in which the Gaming Co-ordination and Inspection Bureau (DICJ) met with representatives of the six operators and four junket promoters. The chairman of the CCAC noted the oversight body had “given instructions...


Public works playing catch-up

The Cultural Affairs Bureau claims to be diligently working to amend heritage preservation problems recently raised by UNESCO’s heritage arm. But hints that progress in urban planning might have saved them the extra pain

Willing and able

Food, music and art

Fighting alone

Staying UNESCO

Print Edition

Business Daily #1323

digital version

Macau Business #158

Macau Business Magazine – June 2017

Essential Macau #38

Essential Macau (June - July 2017)

Macau Business

Piecing the puzzle together

The Urban Planning Committee has yet to achieve one of its major goals of the past three years with the lack of a master urban plan, which some describe as a learning curve, claiming the next three years are key

Walk the line

Would it be possible to convert Avenida Almeida Ribeiro into a pedestrian area? Several departments of the Macau SAR Government are sceptical, if not completely silent upon the matter. People who work in San Ma Lou and those with expertise in urban planning say anything could be done. But with no decision taken, the street is literally falling apart

Works in progress

Riding on the coattails of the past decade’s gaming boom, Lai Si Construction & Engineering Co. Ltd. has recently listed in Hong Kong and is now seeking to expand its footprint

SUV taxis on call

With an investment of over MOP60 million (US$7.5 million) a new taxi company aims to provide better service for the public and urges the government to provide more support; namely, more taxis and parking spaces

MB Special Report

Macau, Central Korea | Sacrificial Lamb

Following North Korea’s third nuclear test in February 2013, U.S. authorities decided to invoke a financial embargo. The small Macanese Banco Delta Asia was the sole target in this new kind of Washington-Pyongyang war

Macau, Central Korea | A chicken called BDA

The United States attacked Banco Delta Asia without producing any evidence of its allegations. Today, it is known that the bank was only a “symbolic target”

Business Intelligence






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Accessible Art

Macau is an essential destination for lovers of modern art, with amazing works from renowned contemporary artists from around the world on display all over the city.

Elegance is an Attitude

Essential Macau sits down with eight-time Grand Slam Champion Andre Agassi to discuss life after tennis

Celebrating Chinese fashion

Frankie Xie Feng, the first Chinese designer ever to show at Paris Fashion Week, talks to Essential Macau about his inspiration, career and hopes for the future of Chinese fashion
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