Loss up 70% year-on-year while company’s EBITDA suffers US$65.6 million loss; Wynn Resorts CEO blames Covid-related travel restrictions.
Business
Event features more than 350 exhibitors from across the region and focuses on ‘semi-finished food’.
Investment losses and expenditure on Covid-19 prevention measures chiefly to blame; public finance committee head demands answers on reasons for losses.
Rival CTM service to start on Monday; customer fees still unknown; service only available to Android phones to start with.
China Telecom yet to announce when its service will start; CTM says customers can pre-register, but only says that fees will be a ‘surprise’.
Proposed bill includes safeguard stipulating banks must deposit equivalent value of convertible foreign currency with government before issuing currency.
Next year’s budget increases by five per cent but no salary increase for civil servants; Macao’s financial reserve in September down by 2.95% to MOP 562.9 billion.
Next year’s budget for public welfare measures will cost local government about MOP 20.9 billion.
Gaming operator’s EBITDA in third quarter negative HK$535.5 million; total revenue HK$687 million, down 37.54 per cent from second quarter.