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Macau
Friday, March 24, 2017
Bloom Consulting has put Macau in its list of the 10 best places in the world when considered as if they were brands. The latest list drawn up by the Spanish branding consultants includes Macau in eighth place among 180...
Following an approved name change, Jimei International Entertainment Group Ltd. – formerly known as Sinogreen Energy International Group Ltd. and now controlled by Macau veteran junket investor Jack Lam Yin Lok – has reported a loss of HK$17.74 million...
The LRT project continues to siphon up money. The Light Rapid Transit segment in Taipa has already run up a tab of MOP9 billion, Secretary for Transport and Public Works Raimundo Rosario admits.
Asian Coast Development (Canada) Limited announced that it has appointed Meinhardt Vietnam Ltd as its engineering and site supervision consultant for phase 1 of its Ho Tram Strip Project – the MGM Grand Ho Tram Resort. Meinhardt will be responsible...
Direct charter flights connecting the Special Administrative Region to Moscow in Russia officially commenced yesterday. The new route, which is the city’s first long-haul route, is operated by Russian charter airline Royal Flight. The carrier currently provides two charter...
Filipino tycoon Enrique Razon says he means to use his Manila casino venture as a springboard for expansion overseas, Bloomberg reports. Mr Razon says he is interested in markets with established rules for gaming, such as Macau. He expects the government...
Ctrip saw its profits multiply 6.5 fold year-on-year in the fourth quarter.
The Rector of the University of Macau (UM), Wei Zhao, said yesterday in the Legislative Assembly that the institution will not stop investing in Portuguese language education. The clarification was requested during the Policy Address, after the intervention of...

Family heirloom

It’s been a tempestuous ride. And the storm still hasn’t subsided. Novo Banco Asia (New Bank Asia), formerly known as BESOR, has a mighty task ahead. Essentially trying to reassure investors and the market that its financial soundness was never in danger.
The very first minimum wage bill in the city for cleaning and security workers may be passed no later than August, while legislation may come into effect at the beginning of 2016
The Nevada Gaming Control Board reported this week that casinos in Nevada won US$860 million (MOP6.88 billion) in July, an increase of 3.7 percent year-on-year. Gambling wins at Las Vegas Strip casinos went up 1.6 percent, to US$469 million. The results...
Legislator Jose Pereira Coutinho, one of the nine legislators who proposed a new Rent Cap Bill last June, believes that the Chief Executive should decide the rent cap by taking into account inflation and the Consumer Price Index (CPI)...
The Ritz-Carlton Macau has appointed Christian Gurtner as its new General Manager, according to a company release yesterday. The new GM will be responsible for managing the hotel operations of The Ritz-Carlton Macau, which is located at Galaxy Macau,...
Macau International Airport (MIA) is celebrating its 20th anniversary this year. Two decades after its opening, it still needs to expand to bring more international tourists to Macau. Experts praise the role of the airport for the development of the...
The first batch of Culinary Arts Management students from the Institute for Tourism Studies is ready for graduation. They hosted lunch events as their graduation project at the IFT Educational Restaurant, a Michelin-recommended restaurant for six consecutive years, and...
Casino gross gaming revenue in Macau may be up by 22 percent year-on-year in April, below estimates, a Wells Fargo analyst says. Casino gross gaming revenue should hit MOP25 billion (US$3.1 billion), Wells Fargo analyst Cameron McKnight wrote in a...
Neptune Group Ltd has agreed to buy all of Macau VIP gaming room operator Ocean Star’s profits from its junket arrangement, Bloomberg reports. The news agency quotes Neptune Group as telling the Hong Kong Stock Exchange that Neptune Group, Ocean...
Fong Man Chong highlights local personal data protection works’ complexity due to “sophistication of society”.

Wish list

The critical nature of the tourism industry for the development of Macau and the well being of its population is beyond question. For that reason, the discussion of the future of tourism development is a major policy matter, and...
With the MERS outbreak largely stabilising, travel agencies are already promoting South Korea-bound tours at cheaper rates from mid-August onwards
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