Business

Ho promotes Guizhou and Guangxi cooperation ties with Macao during Hainan visit

19 Sep 2020

Ho promotes Guizhou and Guangxi cooperation ties with Macao during Hainan visit

The Chief Executive met with officials from the provinces of Guizhou, Fujian and Jiangxi and the Guangxi Zhuang Autonomous Region during a working visit to Hainan to discuss how to foster closer ties on business, cultural affairs and also to exchange views on topics of mutual concern.

CCAC says officials who granted loans to Viva Macau ‘failed in their duties’

18 Sep 2020

CCAC says officials who granted loans to Viva Macau ‘failed in their duties’

A report released by the Commission Against Corruption (CCAC) yesterday says that officials responsible for the vetting and approval of MOP 212 million in loans to Viva Macau, a locally incorporated private airline which went belly up in 2010, “failed in their duties”.

Tak Chun CEO buys 20.65% stake in Macau Legend Development Limited

16 Sep 2020

Tak Chun CEO buys 20.65% stake in Macau Legend Development Limited

A firm controlled by Levo Chan Weng Lin, CEO of junket operator Tak Chun Group, has bought a 20.65% stake in Macau Legend Development Limited for about US$173 billion (MOP 1.38 billion), several local media outlets including Rádio Macau, GGRAsia and IAG reported today.

Macau Legend Development halts trading

14 Sep 2020

Macau Legend Development halts trading

Macau Legend Development Limited’s stocks trading has been halted from 14 September onwards.

Gaming tax receipts fall 70% in Jan-Aug

14 Sep 2020

Gaming tax receipts fall 70% in Jan-Aug

The government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year to MOP 22.8 billion (US$2.87 billion), the Financial Services Bureau (DSF) announced last week.

Gaming tax receipts falls 70% in Jan-Aug

10 Sep 2020

Gaming tax receipts falls 70% in Jan-Aug

Macao government’s receipts from gross gaming revenue taxes in the first eight months fell by 70.2% year-on-year

Government to cancel reclamation between Nobre de Carvalho & Amizade bridges

09 Sep 2020

Government to cancel reclamation between Nobre de Carvalho & Amizade bridges

Macao asked Beijing to be allowed to drop one of the five reclamations approved in 2009 between Nobre de Carvalho and Amizade bridges, according to Rádio Macau.

No ‘major investment’ residency application approved in first half of 2020

08 Sep 2020

No ‘major investment’ residency application approved in first half of 2020

The Trade and Investment Promotion Institute (IPIM) received two new residence applications based on the “major investment” category and 38 new applications based on the “management and technical personnel” category.

Gold retailers expect more sales in H2

04 Sep 2020

Gold retailers expect more sales in H2

Kenny Lee Koi Ian, general manager of Seng Fung Jewellery, told reporters on Thursday that the city’s gold retail sector is expecting more sales in the second half of this year after the mainland’s travel restrictions are lifted.

«‹ 181 182 183 184 ›»