Local businessman Kevin Ho expects to sign a deal with Global Media Group in Portugal next month to acquire 30 percent of the Portuguese group’s capital
Business
About 300 Sands China employees and around 100 volunteers from local associations packed 35,000 hygiene kits that will be delivered to families in the Philippines
The government expects to spend an additional 200 million patacas a year for the next two years to implement projects related to Macau’s smart city development.
Air Macau will continue in 2018 with the programme to recruit captains to fly Airbus 320 aircraft in South America and Europe, and the recruitment drive in Europe will take place in April of that year.
Secretary for Economy and Finance Lionel Leong Vai Tac said that the government has decided to extend the horse-racing concession of the Macau Jockey Club.
Chief Executive Fernando Chui Sai On has appointed Benjamin Chan Sau San chairman of the board of directors of the Macau Monetary Authority (AMCM), according to an executive order published in the Official Gazette (BO) on Wednesday.
The local government has signed a framework agreement with Alibaba Group to develop Macau into a smart city, by using Alibaba’s big data processing capabilities to enhance the quality of the city’s public services.
Macau gaming operator Sociedade de Jogos de Macau (SJM) has announced its first half-year results for 2017, showing that the group’s revenue decreased by 2 percent when compared with the same period in 2016.
Gross revenue from Macao casinos registered a year-on-year positive growth in July, up 12 consecutive months of monthly growth, to 22.96 million patacas (US$ 2870 million), according to official data from the Gaming Inspection and Coordination Bureau.