The owners of the Macau (Yat Yuen) Canidrome Co. Ltd. have been told by the Civic and Municipal Affairs Bureau (IACM) to submit a revised proposal on the fate of its about 600 greyhounds, government-owned broadcaster TDM-Radio Macau has reported.
Business
Growth of Macau’s gross casino revenue slowed to 12.1% in May, compared to 27.6% in April and 22.2% in March, according to the Macau Gaming Inspection and Coordination Bureau.
Secretary for Economy and Finance Lionel Leong Vai Tac said Thursday that Macau will further strengthen its partnership with Zhuhai to jointly strengthen the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
The Legislative Assembly (AL) Thursday passed the outline of a government-initiated bill regulating the city’s finance leasing.
Businessman David Chow Kam Fai, co-chairman of Macau Legend Development and former member of the Legislative Assembly (AL), Wednesday urged the government to study the possibility of granting two additional gaming concessions after the expiration of the city’s three gaming concessions and three sub-concessions.
Macau gross domestic product (GDP) in the first quarter of this year grew by 9.2 percent year-on-year in real terms, 1.2 percentage points higher than the 8.0 percent rise in the previous quarter, the Statistics and Census Bureau (DSEC) said Tuesday.
Chief Executive Chui Sai On called Monday for open-minded and innovative forms of cooperation between Macau and Beijing, particularly in terms of how to advance Macau’s participation in the central government’s Belt and Road Initiative (BRI) and in the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
The Transport Bureau (DSAT) said Thursday it expects there will be more than 200 bus trips per day between the border checkpoints of the three jurisdictions for the Hong-Kong-Zhuhai-Macau (HKZM) Bridge – colloquially known as delta bridge – when it comes into operation.
Polytec Asset Holdings Limited said Thursday it was of the view that its Macau-registered affiliate Polytex Import and Export Company Ltd. “has strong legal grounds and arguments to seek compensation” from the Macau government “for losses and damages” concerning its mothballed Pearl Horizon property project.