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Tuen Mun-Macau ferry service to start next year

Tuen Mun-Macau ferry service to start next year

Ferry service operator TurboJet will start a passenger ferry service between Tuen Mun and Macau in the first quarter of next year, the company said in a statement on Wednesday. Turbojet, a brand owned by Hongkong Macao Hydrofoil Company, Limited, a subsidiary of Shun Tak – China Travel Shipping Investments Limited (ST-CTSI), won a tender […]
Macau Government forms committee on world tourism centre

Macau Government forms committee on world tourism centre

Chief Executive Fernando Chui Sai On has set up a so-called Committee for Development of the World Centre of Tourism and Leisure which he will chair, as announced in Wednesday’s Official Gazette (BO). The brand-new committee is responsible for conducting studies and drafting policies on building Macau into a “World Centre of Tourism and Leisure”. […]
Macau unemployment rate remains stable

Macau unemployment rate remains stable

The unemployment rate for the July-September period has remained stable with little change compared with the June-August period, according to data from the government. The unemployment rate remained at 1.9 percent, with the number of unemployed up by 100 to 7,600 persons. Of the total labor force of 402,500, labor force participation also remained at […]
Laurence Ho says shift to Macau’s mass market ‘likely permanent’

Laurence Ho says shift to Macau’s mass market ‘likely permanent’

The drop in gaming revenues in the last 18 months has brought changes to local casinos’ high-roller market, Melco Crown Entertainment (MCE) Co-chairman and CEO Lawrence Ho Yau Lung said on Tuesday, adding that the shift from the high-rolling VIP to the mass market was “likely to be a permanent one.” “There has been a […]
Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing to pay for two private security guards to be in attendance around-the-clock at his Manhattan apartment, to ensure he does not flee. Ng, 67, is at the center of a bribery case that has drawn […]
Mainland-Macau Trade rises 35.2 percent in nine months

Mainland-Macau Trade rises 35.2 percent in nine months

Trade between the Chinese mainland and Macau increased by 35.2 percent year-on-year to USD3.56 billion during the first nine months of 2015, the Ministry of Commerce revealed on Tuesday. The mainland’s exports to Macau rose by 37.4 percent year-on-year to USD3.42b during the January-September period. The MSAR’s exports to the mainland totaled USD140m, a decrease […]
Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing to pay for two private security guards to be in attendance around-the-clock at his Manhattan apartment, to ensure he does not flee. Ng, 67, is at the center of a bribery case that has drawn […]
Mystery surrounds object in ferry collision from Macau to Hong Kong

Mystery surrounds object in ferry collision from Macau to Hong Kong

Hong Kong authorities on Monday were yet to determine the mystery object that a high-speed ferry hit near Lantau island on Sunday evening when it was on its way back to Hong Kong from Macau, Hong Kong government broadcaster RTHK reported on Monday night. The accident left 124 people injured. Authorities said an inspection on Monday morning […]
East European gang steals over 1,000 card details

East European gang steals over 1,000 card details

An East European gang has stolen the details of over 1,000 ATM and credit cards since last October, Chan Cho Man, a Judiciary Police (PJ) spokesman, said on Monday. According to Chan, the police received calls from five banks from March to May, which reported that someone was trying to withdraw money from 26 of […]
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