Macau’s 66 hotels and 33 guesthouses welcomed a record 875,640 guests in July, up 10 percent year-on-year, the Statistics and Census Bureau (DSEC) has announced. The previous record stood at 820,163 in December last year. Guests’ average length of stay dropped 0.18 of a night to 1.2 nights in July, when the occupancy rate of […]
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Hong Kong-listed Chinese Estate Holdings says that it’s fully owned subsidiary Moon Ocean and an unnamed purchaser of a La Scala unit lodged an appeal to Macau’s Court of Second Instance (TSI) last week against the government’s recent decision to scrap the company’s land concession near the airport in Taipa. Chinese Estate Holdings announced the […]
The corruption trial of Hong Kong tycoons Joseph Lau Luen-hung and Steven Lo Kit-sing, which is due to start on Monday in Macau, may be adjourned over pre-trial hitches and an “impossible” court schedule, accordant to todays South China Morning Post. The two businessmen were charged for allegedly offering a HK$20 million bribe to Macau’s […]
The Judiciary Police (PJ) announced Wednesday the arrest of two local businessmen believed to be members of a loan-fraud gang suspected of ripping off up to 10 banks in Hong Kong between 2006 and early this year, involving at least HK$70 million. According to The Macau Post Daily, a PJ spokesperson said that the duo […]
Veteran Macau Government Tourist Office (MGTO) Director Joao Manuel Costa Antunes said Monday that visitor arrivals in 2012 will dip to single-digit growth instead of the 11 percent year-on-year growth he had forecast back in January. Costa Antunes said during the three-day Global Tourism Economy Forum held at the Macau Tower Convention and Entertainment Centre […]
Chief Executive Fernando Chui Sai On said Sundaythat he hoped the Global Tourism Economy Forum being held in Macau for the first time will effectively promote international tourism-related exchanges and co-operation. According to The Macau Post Daily, Chui made the comment during his speech at the three-day forum’s opening ceremony at Macau Tower, marking its […]
Chief Executive Fernando Chui Sai On told reporters Sunday that he has already ordered Secretary for Transport and Public Works Lau Si Io to come up with a new budget for the construction of the first phase of the Light Rail Transit (LRT) system “as soon as possible”, in time for the presentation of the […]
A follow-up auditing report and an investigation by the Commission Against Corruption Commission (CCAC) released Thursday both slammed the government’s Transportation Infrastructure Office (GIT) for its handling of the city’s Light Rail Transit (LRT) project. The report by the Commission of Audit (CA) is a so-called audit trail, following its first audit report of the […]
The Government Spokespersons Office (GPV) said in a statement Wednesday that the local government received a “declaration of dissent” from La Scala developer Moon Ocean on Tuesday and would, based on a local court ruling, go ahead with its previous decision to axe the graft-tainted land deal. The statement cited by The Macau Post Daily […]