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Macau Foundation buys palace in Lisbon

Macau Foundation buys palace in Lisbon

The public Macau Foundation (FM) has bought a palace in Lisbon for 70 million patacas (US$ 8.75 million) from local businessman Liu Chak Wan, who is a member of its council of trustees, the Portuguese-language channel of government-owned broadcaster TDM reported Tuesday.
Eight unlicensed eateries closed at Soho space of City of Dreams

Eight unlicensed eateries closed at Soho space of City of Dreams

A total of 13 restaurants operated without licences for three years at the Soho space of City of Dreams (COD) in Cotai, Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes said Thursday, adding her office has ordered eight of them to clos
EIU forecasts average growth of 7.8% for Macau in 2017/2018

EIU forecasts average growth of 7.8% for Macau in 2017/2018

Macau’s economy is expected to grow at an average real rate of 7.8% this year and 2018, boosted by the recovery in services exports, particularly those related to gambling, according to the latest Economist Intelligence Unit (EIU) report.  
Macau CPI up 0.95% in May

Macau CPI up 0.95% in May

Composite consumer prices index in Macau increased by 0.95 percent year-on-year, the statistics department said on Wednesday. Composite CPI increased to 109.20 in May, “which was attributable to higher charges for eating out and outpatient services, as well as increase in tuition fees.
Mike Goodridge appointed Artistic Director of IFFAM

Mike Goodridge appointed Artistic Director of IFFAM

Mike Goodridge will serve as the artistic director of the second edition of the International Film Festival & Awards – Macau (IFFAM), it was announced Friday at a “kick-off ceremony” arranged by the IFFAM Organizing Committee. The 2nd IFFAM will be held from December 8 to 14 this year with the theme, “A New Avenue to the World of Films”.
Enhanced casino security ‘urgent’: gaming regulator

Enhanced casino security ‘urgent’: gaming regulator

Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan said Thursday that enhancing security in the 39 city’s casinos was “an urgent matter”, even though there was a low risk of the city being attacked.
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