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Macau asks Beijing to let it manage coastal waters

Macau asks Beijing to let it manage coastal waters

The Macau government has lodged a formal application with the central government on the management of Macau’s “customary” coastal waters, Chief Executive Fernando Chui Sai On said on Monday. Chui spoke to reporters at the airport before heading to Zhoushan city in Zhejiang province for a two-day working visit along with senior officials including Secretary […]
Macau total smoking ban may pare casino revenue by up to 4.6 percent

Macau total smoking ban may pare casino revenue by up to 4.6 percent

The Health Bureau (SSM) says in a statement it estimates that the city’s gaming revenue would be reduced by up to 4.6 percent if a blanket ban on smoking in all gaming venues was implemented, adding that it had taken a preliminary assessment conducted by the Gaming Inspection and Co-ordination Bureau (DICJ) as a reference. […]
Macau total smoking ban may pare casino revenue by up to 4.6 percent

Macau total smoking ban may pare casino revenue by up to 4.6 percent

The Health Bureau (SSM) says in a statement it estimates that the city’s gaming revenue would be reduced by up to 4.6 percent if a blanket ban on smoking in all gaming venues was implemented, adding that it had taken a preliminary assessment conducted by the Gaming Inspection and Co-ordination Bureau (DICJ) as a reference. […]
Macau visitors drop 1.7 percent last month

Macau visitors drop 1.7 percent last month

Macau’s number of visitor arrivals dropped 1.7 percent to 3.03 million year-on-year last month, the Statistics and Census Bureau (DSEC) announced on Wednesday. However, the number was up 14.5 percent from the previous month. The daily average of visitor arrivals stood at 101,103 in August. Same-day visitors amounted to 53 percent of the total, down […]
Macau government changes Studio City’s land lease to 4-star hotel

Macau government changes Studio City’s land lease to 4-star hotel

According to the Official Gazette (BO) on Wednesday, Secretary for Transport and Public Works Raimundo do Rosário has given the green light to MelcoCrown Entertainment’s (MCE) request to change the land-use purpose of Studio City in Cotai from its original 5-star to 4-star hotel status. The plot of land, which covers an area of 130,789 […]
Macau real estate developer arrested in the U.S.

Macau real estate developer arrested in the U.S.

Authorities in the U.S. arrested Macau real estate developer Ng Lap Seng on Saturday. Alongside his assistant, Jeff Yin, Mr Ng was charged with engaging in a two-year scheme to import over USD4.5 million into the United States under false pretenses. Reuters has reported that both man were informed of the accusations through a criminal […]
Macau Secretary for Economy and Finance meets gaming operators

Macau Secretary for Economy and Finance meets gaming operators

The Secretary for Economy and Finance, Lionel Leong, has exchanged views with gaming operators on how to maintain economic vitality, enhance Macau’s competitiveness, stabilize the job market and strengthen social responsibility in the sector. According to a statement from Mr Leong issued by the Government Information Bureau, the government has always been concerned with the […]
Macau currency to be used in Hengqin

Macau currency to be used in Hengqin

Mainland authorities are striving to draw up a preliminary scheme within the year that would allow local currency to be used in Hengqin before they move to seek approval from the Chinese central bank. This information was revealed by Hengqin New Area Administrative Committee director Niu Jing on the sidelines of a session exploring financial […]
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