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Macau sees a drop in hotel guests and gold jewellery imports

Macau sees a drop in hotel guests and gold jewellery imports

Macau’s 99 hotels and guesthouses recorded 2.35 million guests in the first quarter, an 11.5 percent decrease year-on-year, the Statistics and Census Bureau (DSEC) said Thursday. The average occupancy rate stood at 78.9 percent in the first quarter, a drop of 7.8 percentage points year-on-year. At the end of March, the hospitality industry had 28,000 […]
Macau mulls loans for start-ups in Hengqin Entrepreneurship Valley for Macau Youth

Macau mulls loans for start-ups in Hengqin Entrepreneurship Valley for Macau Youth

The government will study how to use its interest-free loan business support programme to help young local people open their start-ups in an area known as Hengqin Entrepreneurship Valley for Macau Youth, Secretary for Economy and Finance Lionel Leong Vai Tac said Wednesday. The policy secretary made the announcement after a meeting at  the Macau […]
Macau to cut spending if casino revenue dips under 18 billion patacas a month

Macau to cut spending if casino revenue dips under 18 billion patacas a month

Secretary for Economy and Finance Lionel Leong Vai Tac said Tuesday the government would have to cut its expenditure if the city’s average gross gaming revenue drops to 18 billion patacas a month. The policy secretary made the remark after attending an annual seminar hosted by the Macau Chamber of Commerce (ACM) in Nape. Leong […]
Macau visitors drop 3.6 percent in Q1, down 13 percent in March

Macau visitors drop 3.6 percent in Q1, down 13 percent in March

Macau recorded 7.4 million visitor arrivals in the first quarter, down 3.6 percent year-on-year, the Statistics and Census Bureau (DSEC) announced on Monday. Same day visitors accounted for 56.6 percent of the total number of visitor arrivals in the first three months. Mainlanders and Hongkongers accounted for 67.8 percent and 20.3 percent of all visitors […]
EU calls for more involvement for local population in choice of Macau executive

EU calls for more involvement for local population in choice of Macau executive

The European Commission, the European Union’s executive arm, has in its latest annual report on Macau called for the authorities there to involve the local population more in the choice of the region’s chief executive, even though Macau’s Basic Law does not provide for the introduction of universal suffrage. “Macau differs from Hong Kong in […]
Macau denies rumour about killing of 4 US assassins

Macau denies rumour about killing of 4 US assassins

Secretary for Security Wong Sio Chak Monday shot down a rumour circulating on the Internet that four US assassins were killed in a firefight in Macau in 2013. Wong made the denial on the sidelines of a ceremony marking the opening of a fire station on the University of Macau’s (UM) Hengqin campus. Several mainland […]
Prices in Macau increase 5.10 percent in March

Prices in Macau increase 5.10 percent in March

Prices in Macau rose 5.10 percent in March year-on-year driven by the increase in income from house rental prices and the cost of meals bought away from home, reported the Statistics and Census Bureau. Year-on-year the most significant increases were in the indices of Housing and Fuel (+10.58 percent), Health (+5.71 percent) and Food and […]
New measure to control tourist flow for Labour Day

New measure to control tourist flow for Labour Day

A new measure intended to alleviate crowd congestion in popular tourist spots will be tested during this week’s Labour Day holiday, Secretary for Social Affairs and Culture Alexis Tam Chon Weng said on the sidelines of Sunday’s water-splashing festival on Hac Sa Beach in Coloane. The festival was held to celebrate the Myanmar New Year […]
3-year-old dies of flu-related illness

3-year-old dies of flu-related illness

A 3-year-old local boy who had epilepsy died earlier this month due to complications caused by influenza, the Health Bureau (SSM) said during a press conference at the Conde de Sao Januario Hospital Centre on Saturday. Disease Prevention and Control Centre Director Lam Chong said the boy, who suffered from congenital developmental delay, was chronically […]
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