23 C
Thursday, April 27, 2017

Grand Designs

The public works department is seeking opinions from the Cultural Affairs Bureau. Which says it is analysing the proposal.
While American firm Lone Star’s 750 million euro acquisition proposal for banking group Novo Banco was considered by Portugal’s central bank as frontrunner in the bid, the local Ma family has also proposed purchasing a stake in the banking group’s local arm
But the company said it has been in touch with the government, and is hoping to initiate communication soon
Galaxy Macau workers have joined hands with the Macau Civil Servant’s Association. Demanding better working conditions. Plus salary adjustments pegged to the cost of living. Chinese New Year bonuses and compensation leave for holidays on workers’ days off are on the agenda, too.

SMEs Seek Synergy

Several SME support schemes link businesses to operators. But product and service standards have some catching up to do, say the integrated resorts. One thousand-plus co-operation activities will be reliant upon training, seminars and services. Such as the recently launched ‘ChoicePro’ app. linking small businesses to large-scale demand.

Tariff-free exports

The city’s exports to Mainland China wil...
A CTM representatives told Business Daily that the company would try to “clarify” the Macao Post and Telecommunications Bureau compensation demands for alleged incomplete services during the installation of the city’s free access wireless broadband service WiFi Go

Event city

Organiser of the tech and multimedia conference believes Virtual Reality technology could be developed for tourism products


Despite increases in the city’s hotel room supply, hotel occupancy in November hit 91.6 pct – a 6 pct y-o-y increase and a 3 pct m-o-m increase, which bodes well for the upcoming holiday season, as average prices also rose nearly 10 pct y-o-y during the month. Despite not being a local holiday, expectations are for an 80 pct occupancy rate during Christmas, according to industry experts, with a limited number of discounts predicted.
The Business Awards of Macau has announced the finalists for this year’s edition, with a gala ceremony to be held on tomorrow
The Free Yacht Travel Scheme between the...
The demand for ‘local Macau residents’ is at an all-time high and bureaucratic process for hiring non-locals could be ‘streamlined’, says a local recruitment agency
It’s been talked up for years. The closer ties between China and Portuguese-speaking countries. But trade is not keeping pace. Data shows that commercial exchanges between both parties haven’t performed anywhere as near well as expected.
Fixed line services continue to decline while mobile creeps upwards
The Director of Macao Economic Services ...
The operator of Club Cubic, Luk Hing Ent...
British multinational banking and financ...
Billed as the largest laundry company in...
Finance and law consultancy service company Perfeição Lda, founded by the ex-president of the city’s Legislative Assembly, Susana Chou, is eyeing opportunities for Sino-Luso exchanges. Speaking to Business Daily, however, the team explain the difficulties in hiring local talent for their operations, due to local residents’ lack of adventurous spirit amid the prosperous local economic environment, as well as the government’s lack of flexible human resource and immigration policies.
As 12 of the projects established on the...
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