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Day: September 22, 2015

Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Secretary for Economy and Finance Lionel Leong Vai Tac said in a statement from Guangdong on Monday that the local government will continue looking into the case of a local VIP room employee suspected of embezzlement, pledging that the government will further improve its supervision of the city’s gaming sector considering its vital importance to […]
Macau Government Tourist Office chief says tourism sector worries about Golden Week

Macau Government Tourist Office chief says tourism sector worries about Golden Week

Macau Government Tourist Office (MGTO) Director Maria Helena de Senna Fernandes said on Monday that she could not yet say what the hotel booking situation for the upcoming Golden Week holiday is but the industry appeared to be worried. Senna Fernandes made the remark while speaking to reporters on the sidelines of the Ascott Macau […]
Maca Government Tourist Office chief says tourism sector worries about Golden Week

Maca Government Tourist Office chief says tourism sector worries about Golden Week

Macau Government Tourist Office (MGTO) Director Maria Helena de Senna Fernandes said on Monday that she could not yet say what the hotel booking situation for the upcoming Golden Week holiday is but the industry appeared to be worried. Senna Fernandes made the remark while speaking to reporters on the sidelines of the Ascott Macau […]
EIU predicts Macau’s real GDP will contract 21% this year

EIU predicts Macau’s real GDP will contract 21% this year

Macau’s real GDP in 2015 will probably contract sharply by 21% as the anti-corruption campaign in China will continue in 2015-16, according to the Economist Intelligence Unit (EIU) latest report. In this report, dated 21st of September, EIU analysts predict spending in Macau’s casinos will probably begin to expand again by the last few months […]
Macau Inflation eases to 4.64 percent

Macau Inflation eases to 4.64 percent

Macau’s composite consumer price index (CPI) rose 4.64 percent year-on-year last month, the Statistic and Census Bureau (DSEC) said in a statement on Monday. According to a DSEC statement, inflation has eased continuously since May, with last month’s rate dropping further by 012 percent-age points from July, when growth stood at 4.76 percent. Last month’s […]
Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Secretary for Economy and Finance Lionel Leong Vai Tac said in a statement from Guangdong on Monday that the local government will continue looking into the case of a local VIP room employee suspected of embezzlement, pledging that the government will further improve its supervision of the city’s gaming sector considering its vital importance to […]