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The non-universal smoking ban

The universal smoking ban bill for casinos is no longer universal. A legislative sub-committee has accepted the authorities’ proposed inclusion of ‘high-standard’ smoking lounges. Effective next year if the legislature gives it the final green light. Operators will be given another one year to meet the new standards.

Lippo officially quits Incheon gaming project

The company sold its interests in the casino project amid “uncertainties”

Business Daily #1252

digital version

Macau, The Comeback Kid

Global Finance publication salutes Macau. Factoring in various metrics to rank the MSAR third richest territory in the world. Thanks to the bounce-back in gaming revenues. Just after Qatar and Luxembourg. GDP and purchasing power were the primary considerations.

Catching a falling knife

Juridical experts believe it will be difficult for the former Prosecutor-general to find another legal representative in the five-day period granted by the court

Joint police efforts anticipate Xi’s visit to Hong Kong

Although the visit of China’s President has not yet been officially confirmed, police in Macau, Hong Kong and Guangdong are gearing up

Grapes and olive deals

Portuguese winemaker and oil producer CARM believes the city will help the company to succeed in the Mainland Chinese market. In an interview with Business Daily, company founder Filipe De Albuquerque Madeira said the MSAR will be one of its priority investment markets for this year.

Giordano Int’l net profit slightly up

Clothing retailer Giordano International Ltd. saw its net profit increase by 2 per cent year-on-year for the whole year of 2016 despite a decrease...

Bad signs

Respect for our legal system – the Second System – our cultural values as a Special Administrative Region, and the way of living consecrated...

Beer imports feel a draft

Largest year-on-year increase in imports seen during the month was from the Philippines, which posted a 4,127.5 per cent increase in value imported

Business Daily #1251

digital version

Chinese Estates: La Scala appeal continues

Hong Kong-listed developer Chinese Estates Holdings Ltd. said Macau’s courts are still hearing an appeal filed by Moon Ocean Ltd. regarding the now-scrapped La...

Connecting the dots

With direct flights between China and Portugal to start in June, Macau is a “good choice” of city to host this year’s Portuguese Association...

Ella Lei proposes paternity, compensatory leave bill

The legislator hopes the bill can be discussed in the legislature this year

‘Rising Phoenix’

Recovering from a slump of over two years. But the gaming industry is still facing numerous threats in the short term. Adding to the overarching concern of operators about concession renewal. So concludes business intelligence supplier Gambling Compliance in its Global Gaming Outlook for 2017.

Ho’s defence lawyer bows out

Leong Weng Pun resigned yesterday after arguing with the judges

The Nine-Zero Club

Joseph Lau is listed in a top 100 global rich list despite the fact that he has transferred Chinese Estates shares to his children

Luxury car distributor anticipates profit loss for 2016

Ferrari distribution contract to terminate end-May

MTR profit drops, property development plunges

Oversight provider for LRT project records HK$10.25 bln profit for 2016

Business Daily #1250

digital version
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