Business

25 Sep 2018

Macau Gaming Show to partner with 2 SOEs

The Macau Gaming Equipment Manufacturers Association (MGEMA), the organiser of the Macau Gaming Show, will partner with two state-owned enterprises (SOEs) – Nam Kwong Culture and Creativity Industry Co. Ltd. and China National Machinery Industry International Co. Ltd. (SINOMACHINT) – at the 6th MGS Entertainment Show in November, MGEMA Chairman Jay Chun said Monday.

21 Sep 2018

Five telecom base stations to be moved from low-lying areas

Local telecom companies plan to move five of their base stations away from the city’s low-lying areas and are looking for alternative locations, Post and Telecommunications Bureau (CTT) Director Derby Lau Wai Meng said Thursday.

20 Sep 2018

CTM chief says data centre in HK provides extra back-up

Telecom operator CTM opened its first data centre outside Macau in Hong Kong Thursday, with the company’s CEO Vandy Poon Fuk Hei saying that it would provide an extra back-up service, as well as enhance the security and reliability of data management for its customers.

18 Sep 2018

Macau Casino stocks drop as typhoon shutdown tipped to cost up to 1.5 billion patacas

Local casino stocks retreated Monday after Typhoon Mangkhut forced a 33-hour shutdown of the world’s biggest gambling hub, a halt that’s estimated to cost the city’s six gaming operators as much as 1.5 billion patacas in revenue.

14 Sep 2018

Overall Macau Light Rail Transit could cost at least US$ 6.25 billion: auditor

In a hard-hitting report published Thursday, the Commission of Audit (CA) says that the estimated construction cost for the eight sections of Macau’s Light Rail Transit (LRT) system that the government has planned for the short, medium and long terms amounts to at least 50 billion patacas (US$ 6.25 billion)

12 Sep 2018

Macau’s new approvals of residential mortgages, commercial real estate loans decrease

Both of the new approvals of residential mortgage loans and commercial real estate loans in Macau reported a month-on-month decrease in July this year, according to statistics released by the Monetary Authority of Macau.

10 Sep 2018

Total receipts of gaming activities in Macau increased 18.7 % in 2017, official

Total receipts of the 10 enterprises engaging in gaming activities increased by 18.7% year-on-year to MOP268.01 billion (US$ 33.5 billion), marking an end to the downward trend over three consecutive years since 2014, according to data released by the Statistics and Census Service (DSEC), today.

06 Sep 2018

Macau’s GBA role to advance PPRD development: Leong

Secretary for Economy and Finance Lionel Leong Vai Tac said Wednesday that Macau’s role in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) will advance the development of the Pan-Pearl River Delta (PPRD) region.

03 Sep 2018

Mobile phone imports rise 93 pct in Jan-July

Macau’s imports of mobile phone rose 93.1 percent to 4.08 billion patacas in the first seven months of the year, the Statistics and Census Bureau (DSEC) said in a statement.

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Business

Macau Gaming Show to partner with 2 SOEs

Five telecom base stations to be moved from low-lying areas

CTM chief says data centre in HK provides extra back-up

Macau Casino stocks drop as typhoon shutdown tipped to cost up to 1.5 billion patacas

Overall Macau Light Rail Transit could cost at least US$ 6.25 billion: auditor

Macau’s new approvals of residential mortgages, commercial real estate loans decrease

Total receipts of gaming activities in Macau increased 18.7 % in 2017, official

Macau’s GBA role to advance PPRD development: Leong

Mobile phone imports rise 93 pct in Jan-July

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