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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 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 […]
290,000 take part in Cultural activities in Macau

290,000 take part in Cultural activities in Macau

In the second quarter of 2015, a total of 290,100 individuals participated in cultural activities, according to a survey conducted by the Statistics and Census Service (DSEC). The cultural activity participation rate (percentage of individuals in the population aged 16 and above participating in cultural activities) was 52.8 percent, down by 0.8 percentage points year-on-year. […]
Macau casino operator Melco launches bachelor’s degree course for staff

Macau casino operator Melco launches bachelor’s degree course for staff

Melco Crown Entertainment (MCE) has launched an in-house bachelor’s degree programme for employees. The gaming operator formally started the “MCE You-niversity” with an announcement ceremony at Grand Hyatt Macau on Friday. According to an MCE statement, the degree course complements the company’s “whole person development programme for employees who have yet to achieve a university […]
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