Macau’s trade deficit in the first quarter of 2016 reached 14.602 billion patacas (US$1.825 billion), a year on year improvement of 25.3 per cent, reported the Statistics and Census Bureau. According to the Bureau, the trade deficit in the first quarter of 2015 totalled 19.5516 billion patacas. In the first three months of 2016, Macau […]
Year: 2016
SJM Holdings’s profit attributable to the company’s owners fell by 44.1 per cent year-on-year to HK$561 million in the first quarter, the gaming operator said in a statement on Tuesday. The company’s gaming revenue decreased by 22.8 per cent to HK$11.02 billion, while adjusted EBITDA dropped by 32.5 per cent to HK$838 million. According to the statement, […]
Macau’s April casino revenue dropped less than analysts estimated in a sign of stabilization as casinos shift their focus to attracting mass gamblers and tourists. Macau´s gross gaming revenue in April decreased 9.5 percent to 17.3 billion patacas (US$ 2.2 billion), according to data from Macau’s Gaming Inspection and Coordination Bureau, marking 23 months of […]
Macau Government Tourist Office (MGTO) Director Maria Helena de Senna Fernandes said on Sunday that official bodies including her office and the Public Security Police (PSP) would review their handling of Saturday’s computer incident in which thousands of people were stuck for hours at the city’s checkpoints. The tourism chief, who also heads the Tourism […]
Paulo Martins Chan was Director of the Gaming Inspection and Coordination Bureau (DICJ) between December 2015 and June 2020 when his successor Adriano Marques Ho was sworn in.
Susana Wong Soi Man has been in charge of Macao’s Maritime and Water Affairs Bureau since 1999, fluent in Cantonese, Mandarin, English and Portuguese.
The government released a draft on April 26 of its first five-year plan, further heating up the debate surrounding the future of Macau’s economy. Exmoo News, reflected public concern about the plan by covering in great detail the press conference announcing the plan. Chief Executive Chui Sai On admitted that he had confidence in achieving […]
The average occupancy rate of Macau’s 106 hotels and guesthouses fell by 0.9 percentage points to 76.5 percent in March, the Statistics and Census Bureau (DSEC) said on Thursday. According to a DSEC statement, the number of hotels and guesthouses rose by seven from March last year. The number of guestrooms rose by 4,000, or […]