The Macau balance of trade posted a year-on-year increase of 1.512 billion patacas between January and October to 51.131 billion patacas (US$6.391 billion), the region’s Statistics and Census Bureau said.
Business
The Health Bureau (SSM) has suspended the medical services and sealed the premises of the Taivexmalo Day Hospital at the Venetian in Cotai for a string of illegalities, according to a SSM statement on Friday.
Secretary for Economy and Finance Lionel Leong Vai Tac said in the legislature’s hemicycle Thursday that if the government revealed “prematurely” the details of its upcoming gaming concession bidding process in the run-up to the expiration of the city’s three gaming concessions and three sub-concessions, it would “adversely impact” the “healthy” development of Macau’s gaming industry in the future.
Macau’s gross domestic product (GDP) grew by 6.1 percent year on year in real terms in the third quarter, a marked slowdown compared to economic growth of 11.3 percent in the first quarter and 10.8 percent in the second quarter, the Statistics and Census Bureau (DSEC) said Thursday.
The company “will have sufficient working capital to finance its operations and to meet its financial obligations for at least the next 12 months from the date of the approval of these condensed consolidated financial statements”.
The Venetian in Cotai has recorded 280 million visitations since the integrated resort opened in Cotai 10 years ago, Sands China President-cum-Chief Operating Officer Wilfred Wong Ying-wai said on Monday.
According to the bill, the government expects total receipts of MOP119.17 billion next year, MOP16.23 billion more than this year’s budget, up 15.8 percent. Government expenditure next year is budgeted at MOP109.61 billion.
David Chow’s Macau Legend Development Ltd has announced in a filing to the Hong Kong Stock Exchange its intention to dispose of 100 percent equity in the Landmark Macau casino-hotel for some HKD4.6 billion.
Galaxy Entertainment Group reported its unaudited financial results for the three-month-period ending September 30 on Thursday.