The Monetary Authority of Macao (AMCM) announced on Wednesday that it has fined a local jewellery shop MOP 400,000 for illegal currency exchange activities.
Business
Macao’s foreign exchange reserves amounted to MOP 183.3 billion (US$22.95 billion) at the end of last month, the Monetary Authority of Macao (AMCM) said in a statement on Monday.
Wynn Macau announced on Sunday that the net proceeds from the offering of its 5.500 per cent senior notes due 2026 will be approximately US$743.1 million (MOP 5.93 billion) after deducting the discounts and commissions of the initial purchasers and estimated expenses payable by the company.
The new approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) by Macao banks both decreased in April 2020.
Adriano Marques Ho was sworn in on Wednesday as the new director of the Gaming Inspection and Coordination Bureau (DICJ).
The Macao government announced today a month-long special ferry link between Macao’s Pac On Ferry Terminal and the Hong Kong International Airport’s SkyPier.
Louis Ng Chi Sing is no longer the chief operating officer (COO) of gaming operator SJM S.A.
Macao-based Portuguese bank BNU has reaffirmed its determination to help its private and corporate clients tackle the impact of the COVID-19 pandemic on the local economy.
MGM held a one-day seminar on Monday for its staff members on the “Spirit of the Two Sessions”, the American gaming operator said in a statement.