Secretary for Economy and Finance Lionel Leong Vai Tac said Wednesday that the Macau Jockey Club (MJC) will need to pay 153 million patacas in unpaid fees that it owes the government within three years or face having its concession withdrawn.
Business
China has strengthened its economic and trade co-operation with Portuguese-Speaking Countries (PSCs) in the past 15 years, and has been dedicated to enhancing its co-operation with those countries in more sectors, senior officials attending a symposium said in Macau Wednesday.
The chief engineer of the Hong Kong-Zhuhai-Macau Bridge, Su Quanke, said Thursday in Beijing that the completion of the mega-bridge project paves the foundation for the development of the country’s Belt and Road Initiative (BRI).
The State Council has authorised the official transfer of the Macau Border Checkpoint Administrative Zone of the Hong Kong-Zhuhai-Macau Bridge to the Macau government .
Macau will launch scheduled flights to Europe this year, the Macau International Airport Company (CAM) said.
Wynn Macau property in Nape recorded total revenues of US$418.1 million in the first two months of the year, up 18.8 percent year on year.
Macau’s overall residential property price index for November 2017-January 2018 grew 3.3 percent over the previous survey period (October-December 2017).
Macao Water Executive Director Nacky Kuan Sio Peng said Wednesday that Big Taipa Hill or Small Taipa Hill were possible sites where the company plans to build one more elevated treated water tank
Competition in the local gaming industry is getting tougher as gaming operators are upgrading their facilities and new infrastructure is taking shape, so the winning formula is to strike the right balance between high-end and mass-market customers