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Macau
Tuesday, September 26, 2017
The Macao Trade and Investment Promotion Institute (IPIM) organised a delegation of representatives of Macau’s convention, exhibition, and tourism industries – also known as MICE (Meetings, Incentives, Conferences, and Exhibitions) – to participate in the Asia Pacific Incentives and...
Residents and tourists continue to complain about the quality of Macau’s public transportation
Macau International Airport (MIA) last month saw both passenger volume and aircraft movements register year-on-year increases of 6 per cent and 6.5 per cent, respectively, driven by growth in the southeastern and north Asian markets. According to the operator of...
Last week, Empresa Hoteleira de Macau Lda announced in a notice its transfer of Imperial Palace Hotel to Victory Success Holdings Ltd. last October. But Ng Man San said the announcement was made by Victory Success, claiming the transfer should not be valid as his lawsuit fighting the transfer is still proceeding in the local court.
As Macau registered its very first annual drop in gross gaming revenue in 2014 - down by 2.6 per cent year-on-year - gaming revenues in the Cambodian casino jumped 23 per cent
Banco Nacional Ultramarino (BNU) is looking into the cases of the reported unauthorized international transactions via the bank’s cards. Portuguese-language newspaper Ponto Final reported yesterday some local BNU card owners received phone messages on January 19 informing them an...
A ‘rare’ attack that specifically targeted a large-scale firewall system was to account for the brief interruption in the fixed-line and mobile phone networks of the city’s dominant telecommunications operator Companhia de Telecomunicações de Macau SARL (CTM) on Thursday...
While Macau ranks second, official data released by Chinese Bureau discloses Hong Kong tops the list
China Star Entertainment Limited, which controls Hotel Lan Kwai Fong, issued a profit warning yesterday to the effect that the profit for the year 2015 will decrease 46 per cent to 52 per cent year-on-year. In 2014 the company...
The state-backed card brand said it would cater to the demands of ‘post-80s’ Chinese outbound travellers as it is a group of affluent spenders
The Chairman of the Board of Directors of SJM, Ambrose So, said that the company is waiting to hear the outcome of the detention of senior management member Alan Ho, who was allegedly involved in a prostitution racket
At the end of last year, investment by Macau residents in securities issued by non-residents – excluding MSAR’s foreign exchange reserves – amounted to MOP484.7 billion (US$60.34 billion), an increase of 10.5 per cent year-on-year, according to the Co-ordinated...
Bilateral trade between the Special Administrative Region and Portugal surged nearly 13 per cent year-on-year for the first eight months of the year, the Executive Director of Macau Trade and Investment Promotion Institute (IPIM), Glória Batalha Ung, revealed during...
The CEO of CTM, Vandy Poon, says the telecommunications company hasn’t done anything wrong to see its concession terminated.
Local airport operator Macau International Airport Co. Ltd (CAM) has put out a tender for one of the shop spaces located in its Arrival Hall of the passenger terminal building, according to a response to Business Daily enquiries. The...
The strong growth has been boosted by China’s exports to the city
The luxury industry leader highlighted weakness in Hong Kong and Macau market and said it would close shops due to weaker demand.
Clothing retailer Bossini Holdings Ltd. expects its net profit to surge by up to 157 per cent year-on-year for the first half of the year, despite the company having posted a notable decrease in revenue from its Hong Kong...
The license holder has decided to give up the problematic property and is now considering its redevelopment
The Macau-based casino and hotel operator points to the launch of its Harbourview Hotel as a factor impacting its last year’s profits
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