22.9 C
Macau
Friday, March 24, 2017
Although EBITDA expectations have been lowered by analysts for the group’s new Cotai property, MGM has not lost its stride as it heads towards opening day
Gaming operator Wynn Macau has raised the salaries of its employees by between 2.5 per cent and 6.5 per cent, effective March 1, the company announced yesterday. According to the statement, nearly 98 per cent of the company’s workers...
The ban came into effect in April 2015
But the developer may not repeat its outstanding performance of 2016 given tightening capital controls are in effect
In particular, the city’s exports to the Mainland plunged, both year-on-year and month-on-month
Hong Kong-listed construction service firm Eagle Legend Asia Ltd. saw it net loss expand by 71.5 per cent year-on-year to HK$72.2 million for the year of 2016, with revenue in the MSAR dipping by 87.1 per cent, according to...
An American con man who led along the mother of an abducted child, receiving thousands in payment to allegedly rescue the boy, has been sentenced to three years in prison in the United States, according to the New York...
Nearby Taishan nuclear power plant has yet to sign a communication agreement with the MSAR; the central gov’t plan only sets nuclear security and pollution control targets for 2025
The multi-billion Bahama casino-resort complex – Baha Mar Resort – has been handed over to Hong Kong conglomerate Chow Tai Fook Enterprises via its subsidiary Chow Tai Fook Holdings, according to Bahama news outlet The Bahama Journal. Last December, the...
Brazil remains mired in a rotten beef scandal. With the food safety watchdog banning the importation of all meat from the S. American country since Tuesday. MSAR suppliers say the ban will hike prices in local restaurants. Because alternative meat supplies will cost more.
Fake online lottery betting companies claim to be related to the MSAR Government and many other gaming operators
Move defended by the Department of Finance will probably be kept on ice
The announced expansion of MGM Resorts and its Bellagio brand to the Middle East through a deal with wasl Asset Management Group marks not only the group’s first step into the region but into the mega-city of Dubai. In...
With the arrival of the Spring season and the approach of Summer, airlines are ramping up their flight offerings to the city. Low-cost carrier Spring Airlines is introducing a Hangzhou-Macau route effective April 16. The flights are scheduled daily,...
The company said ‘stringent market conditions’ is one reason driving down its earnings
But the company’s local arm Banco Comercial de Macau registered a better performance than one year ago
Local electronic gaming equipment supplier Asia Pioneer Entertainment Ltd. (APE) has applied to be listed on the Growth Enterprise Market of the Hong Kong Stock Exchange. The company, however, redacted all information regarding the amount that it would like...
Imperial Pacific Holdings Limited has completed the issuance of the 7.8 per cent per annum unsecured notes due 2019 to Inventive Star Limited, its controlling shareholder, the company announced in a filing yesterday. The insurance, according to the...
The city’s Court of First Instance has declared the bankruptcy of VIP promoter Sang Lung Gaming Promotion Ltd., which is linked to junket operator Iao Kun Group Holding Company Ltd. in the MSAR. According to a dispatch in yesterday’s Official...
The ‘One Belt, One Road’ initiative is strengthening local representation and global online connectivity
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