Menu
Subscribe
Menu
Subscribe
Menu

Business

Macau’s gaming sector jobs fall 3 per cent in Q2

Macau’s gaming sector jobs fall 3 per cent in Q2

Macau’s vitally important gaming sector had 55,708 full-time employees at the end of the second quarter, down by 3.0 per cent year-on-year, the Statistics and Census Bureau (DSEC) announced on Monday. According to a DSEC statement, the number of dealers (croupiers) fell by 3.1 per cent to 24,285. Shift-working staff accounted for 92.7 per cent […]
Macau visitors spend less in Q2 on non-gaming

Macau visitors spend less in Q2 on non-gaming

Visitors’ per-capita non-gaming spending fell by 4 per cent year-on-year and 3.4 per cent quarter-to-quarter to 1,601 patacas in the second quarter, the Statistics and Census Bureau (DSEC) has announced. According to a DSEC statement, visitors’ total non-gaming spending in the second quarter amounted to 11.7 billion patacas, down by 4.5 per cent year-on-year but […]
Macau recommends new projects for Hengqin Industrial Park

Macau recommends new projects for Hengqin Industrial Park

The Macau government is preparing to recommend a second group of projects for the Guangdong-Macau Industrial Cooperation Park on Hengqin Island, announced the Macau Trade and Investment Promotion Institute (IPIM). IPIM’s statement said that the Board of Management of the Hengqin New Area, in the municipality of Zhuhai, suggested the Macau government should present new […]
Wynn bets on ‘luxury for all’ at Macau Wynn Palace

Wynn bets on ‘luxury for all’ at Macau Wynn Palace

Wynn Resorts Chairman & CEO Steve Wynn said on Wednesday that his US$4.2 billion Wynn Palace would cater for everybody, but suggested that those looking for theme parks visit Hengqin Island. Wynn made the comments during a press conference at Wynn Palace in Cotai which officially opens on Monday night. “Our strategy of the hotel […]
Centaline says low property prices in Macau is attracting overseas capital

Centaline says low property prices in Macau is attracting overseas capital

Property prices and the number of transactions have gone up slightly in the second quarter of this year because Macau’s low prices are attracting overseas buyers to invest in the market, Centaline Macau & Hengqin Property Agency Director Jacky Shek Pou Tak said on Wednesday. The Hong Kong real estate agency’s local office held a […]
MGM lifts Macau stake in US$325 million deal with Pansy Ho

MGM lifts Macau stake in US$325 million deal with Pansy Ho

MGM Resorts International has acquired more shares in its Macau unit in a deal valued at about US$325 million with Pansy Ho Chiu King, who will add to her stake in the Las Vegas-based parent company. According to a statement by MGM China Holdings to the Hong Kong Stock Exchange on Tuesday, MGM Resorts International […]
Wynn Macau to move 250 gaming tables from Nape to Cotai

Wynn Macau to move 250 gaming tables from Nape to Cotai

Wynn Macau announced on Monday that it has got permission from the Gaming Inspection and Co-ordination Bureau (DICJ) to transfer 250 gaming tables from its casino-hotel complex in Nape to Wynn Palace in Cotai. The US gaming company headed by Steve Wynn made the announcement in a statement to the Hong Kong Stock Exchange. According […]
New Secretary-General of the Permanent Secretariat of Forum Macau takes office

New Secretary-General of the Permanent Secretariat of Forum Macau takes office

The new Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macau) took office on Thursday. Xu Yingzhen served for several years as Commercial Counsellor of the Department of American and Oceanian Affairs of the Ministry of Commerce of China (equivalent to Director-General level). Xu replaced Chang […]
So says Grand Lisboa Palace to open in 2018 in Macau

So says Grand Lisboa Palace to open in 2018 in Macau

SJM Chairman Ambrose So Shu Fai said that the construction of Grand Lisboa Palace in Cotai was expected to be completed by the end of next year, ready for its official opening in 2018. So made the remarks while speaking to reporters on the sidelines of attending the gaming company’s annual scholarship awards event, which […]
«‹ 255 256 257 258›»