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Macau
Tuesday, July 25, 2017
With the gaming renewal process in Macau looming some demand a reduction in the gaming taxes while others suggest otherwise. The government has yet to make a decision
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”
With Japan having approved the Integrated Resort Promotion Bill in December 2016, all eyes are now turned to the next steps Japan’s Diet will take towards the implementation of the bill itself – and Macau casino operators are lobbying heavily. Meanwhile, Japanese business in Macau – both gaming and tourism-related – has been increasingly more evident in the city, building upon Macau-Japan co-operation in the casino business sphere. Or so it seems

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

Intermission

Local property investor William Kuan plans to refurbish the Capitol Theatre cinema as a first step in pushing forward the delayed MOP25 million (US$3.13-million) revamp of the entire property
Macau Business has learned that the former Grand Hotel building has a new owner and been targeted for ren- ovation. Again. The building changed hands in early 2014, when it left the Fok (霍) family, its long-time owner, for the...
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

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
A MOP250 million price tag for a house in Lilau Square has thrilled the real estate market. It has not spooked potential buyers, although the government is very likely off the deal table
A Chinese citizen who comes to Macau to play VIP bac- carat will typically spend a minimum of 100,000 yuan. But China only permits 20,000 yuan a trip and $50,000 a year per person to be taken out of...
The investments of veteran property mogul Isabel Chiang in two old neighbourhood districts are starting to take shape with the improving economy, adding cultural and creative flair to the Peninsula

Recovering time

Goss gaming revenue last month came in up 8 per cent year-on-year, according to the data posted by the MSAR’s Gaming Inspection and Coordination Bureau (DICJ). Despite the figure being the sec- ond highest gross gaming revenue recorded during...
What is the most embarrassing thing since the establishment of the MSAR? There remains only one public hospital, the same that existed when the population was half the current size and not a third of present revenues. The new hospital will remain a major embarrassment in the coming years . . .

More than just gambling

Macau is the world’s largest gaming destination as measured by gross revenue, boasting more than 30 casinos and home to some of the most iconic gaming resorts in the world. While all that helps to attract tourists to the territory,...

Stalled expectations

Rather than taking a shuttle bus across the Lotus Bridge link- ing Macau to nearby Hengqin some people have been per- mitted to drive their Macau-registered cars directly to the island. Expectations of such convenience in transportation have been one...

Alternative Blue

Blue flags were hung outside of hundreds of shops in the past few weeks in the city’s bustling tourist districts from the Ruins of St. Paul’s to Rua de Pedro Nolasco da Silva. Serving as more than decoration, the...
John Ho opened his first McDonald’s store on 11th April, 1987. Today, the company has 78 restaurants in Macau, Zhuhai and Zongshan under its belt
Lack of specialists, waiting lists, mistrust of Mainland doctors. Let’s book an appointment for a Hong Kong doctor!
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

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
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