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Macau’s youth most concerned about traffic

Macau’s youth most concerned about traffic

A survey released on Sunday by the Macau General Union of Neighbourhood Associations (commonly known as Kai Fong) shows that young local people are most concerned about the city’s traffic problems. The association’s youth working group held a press conference to announce the findings of the survey, at the association’s headquarters in Toi San district. The […]
Macau lawmakers want government to clarify election bill

Macau lawmakers want government to clarify election bill

In a meeting of the legislature’s 2nd Standing Committee on Thursday, lawmakers questioned some of the proposed amendments to the Legislative Assembly Election Law, according to lawmaker-cum-restaurateur Chan Chak Mo, who chairs the committee. Chan briefed reporters after a closed-door meeting, which no government officials attended, in the legislative chamber. Customarily, the meetings of the […]
Melco Crown income rises 22 per cent in Q3

Melco Crown income rises 22 per cent in Q3

Melco Crown Entertainment said in a statement on Thursday that its operating income for the third quarter was US$108.9 million, up 22 per cent year-on-year. The company’s net revenue between July and September rose 22 per cent year-on-year to US$1.15 billion, according to the statement. The increase in net revenue was primarily attributable to the […]
Graft busters slam transport officials over public car parks in Macau

Graft busters slam transport officials over public car parks in Macau

A report released by the Commission Against Corruption (CCAC) yesterday accuses the Transport Bureau (DSAT) of tampering with the procedure of open tendering in the outsourcing of public car parks management services, as well as the bureau’s “defective” internal monitoring mechanism. According to the hard-hitting report, DSAT officials have been splitting the cost of public […]
SJM revenue falls 11 per cent in 3rd quarter

SJM revenue falls 11 per cent in 3rd quarter

SJM Holdings’ gaming revenue fell 11.1 per cent year-on-year to HK$9.99 billion in the third quarter, the gaming company said in a statement on Tuesday. In the first nine months, gaming revenue dropped 17.8 per cent year-on-year to HK$30.87 billion. Adjusted Ebitda decreased 8.4 per cent to HK$810 million in the third quarter. In the first three […]
Macau’s gaming revenue grows 8 per cent in October

Macau’s gaming revenue grows 8 per cent in October

Macau posted an 8.8 per cent growth in gambling revenue in October, the third consecutive monthly rise, according to the Macau Gaming Inspection and Coordination Bureau (DICJ). Gaming revenue was MOP 21.8 billion (US$2.73 billion), government data showed on Tuesday. The growth reversed a 26-month fall of revenues of the 38 Macau casinos.  In the first 9 months of […]
Hotel guests in Macau rise 20 per cent in September

Hotel guests in Macau rise 20 per cent in September

Macau’s 107 hotels and guesthouses recorded 1.02 million guests in September, up 20.2 perc ent year-on-year, the Statistics and Census Bureau (DSEC) announced on Monday. Guests from the mainland, Hong Kong and Taiwan accounted for 62.8 per cent, 12.2 per cent and 4.6 per cent respectively, up 20.9 per  cent, 12.5 per cent and 40.6 […]
New vehicle registrations fall 32 per cent in Jan-Sept 

New vehicle registrations fall 32 per cent in Jan-Sept 

The number of new registrations of motor vehicles dropped 31.7 per cent year-on-year to 10,078 in the first nine months of the year, the Statistics and Census Bureau (DSEC) announced on Monday. The number of new registrations of motorcycles fell 25.3 per cent to 5,785, while the number of new registrations of light automobiles decreased 41.9 […]
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