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Macau
Friday, July 21, 2017
Time is running out for the governing Kuomintang in Taiwan to pass legislation that would permit casinos on outlying islands. GamblingCompliance.com reports that a committee crucial for the passage of the bill has no plans to meet ahead of the...
After a three-hour reading of the indictments, more information was provided regarding the nearly 2,000 charges against the city’s former top prosecutor Ho Chio Meng
Japan’s parliament passed casino legislation yesterday. Macau’s Secretary for Economy and Finance Lionel Leong Vai Tac said the government would pay attention to future gaming developments in the East Asian country in order to maintain the MSAR’s competitiveness in the international gaming market.
A prominent figure in the opinion poll business says the methodology used in most polls in Macau is unscientific, Business Daily reports. The newspaper quotes the president of the Macau Polling Research Association and the Macau representative of the Asian...
To drive the mass market to the Cotai strip, properties will first need to think about how to allow visitors to more easily get from one property to another, opines the Director of the Institute for the Study of Commercial Gaming Davis Fong. Speaking to Business Daily, the expert believes visitors will want to stay longer in the territory once there’s a connection within Cotai, like on the Vegas Strip. Overnighters are always better than day-trippers, he says.
Cloee Chao, president of the New Macau Gaming Professionals Association, has pledged to run in the upcoming legislative election, submitting her nomination list on Friday, according to TDM Radio news. The gaming activist claims her participation in this year’s Legislative...
China's international travellers’ spending is expected to increase 50 per cent from US$164 billion last year to US$264 billion by 2019
The MSAR has reached a consensus with the mainland to set up a Guangdong- Macau nuclear safety notification scheme
Chinese bank card withdrawal limits per transaction at local ATMs have been tightened to MOP5,000, while daily limits and annual limits stay the same
The wholesale and retail sector’s contribution to the Macau economy surged by 46 percent last year, data released yesterday by the Statistics and Census Service shows. Gross value added, that measures the sectorial contribution to the economy, stood at MOP15.27...
Vitória Alice Maria da Conceição will continue to head Macau’s Financial Services Bureau for a further two years. The announcement was made in today’s Official Gazette. Ms Conceição’s appointment as the director of the bureau was extended until November 2014. She has...
The Statistics and Census Service intends to begin publishing this year or next new sets of data, according to its director, Paul Ieong Meng Chao. Mr Ieong told reporters that one set would cover investment by Macau enterprises in the...
Both sales value and volume of the sector registered slight increases in the third quarter over the previous one. Compared to the same period of last year, however, the market is still compressing
Hainan Airline’s parent company, HNA Holding Group Co Limited, has acquired a third parcel of a land at Hong Kong’s Kai Tak, the site of the former Hong Kong international airport, for HK$5.53 billion, according to a report from...
Statements by 13 Holdings Ltd. reveal that the opening of its luxury hotel development in Cotai might be further delayed. Having announced in September of last year that the opening of The 13 was set to take place ‘in early...
Consumer prices in the MSAR increased 1.53 pct y-o-y on average for last month. The growth rate is higher than that of 1.33 pct for the month of October. Higher charges for eating out, parking spaces and property management fees contributed to the increase.

Effective adjustment

Most committee members agree that the results of the new adjustments to the city’s transportation fees have been positive, said committee representative Kou Kun Pang after yesterday’s Traffic Affairs Consultative Committee meeting. Kou revealed however, that some members expressed their...
Local gaming operator Melco Crown Entertainment Limited has announced a new arrangement of its management team as well as the appointment of key executive members, in a press release. A total of four appointments were made regarding the group’s...
But not just yet. Passengers will need to wait until June to use the new ferry terminal in Taipa. Gov’t authorities and related bodies assembled at the official opening ceremony yesterday to laud the 200,000 sq. m., 16 docking berth, 127 border crossing channel behemoth which took MOP3.8 bln (US$474m) to build over a decade.
The amount of international assets held by local banks increased in the first three months of this year by 7.7 per cent yearly to reach MOP1.21 trillion, as international liabilities increased by 6.6 per cent to reach MOP1.13 trillion.
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