Adjusted EBITDA for Sands China Ltd. (SCL) was US$610 million, an increase of 5 per cent against prior year’s fourth quarter, SCL announced today on the Hong Kong Stock Exchange.
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Secretary for Economy and Finance Lionel Leong Vai Tac declined on Wednesday to say whether the government could keep its promise that the city’s law on a statutory minimum wage for all workers will finally be implemented in 2019.
The total number of licensed gaming junkets fell from 141 in January 2016 to 126 at the start of this year, according to the Gaming Inspection and Coordination Bureau (DICJ), marking a decline of 10.6 per cent over the course of 12 months.
Chief Executive Fernando Chui Sai appointed on Wednesday Court of Second Instance (TSI) Judge Tong Hio Fong as the president of the Legislative Assembly Electoral Affairs Committee (CAEAL) for this autumn’s direct and indirect legislative elections, according to yesterday’s Official Gazette (BO).
Secretary for Transport and Public Works Raimundo do Rosario said on Tuesday that the government was planning to declare the invalidity of the land concession for a plot originally set aside for an ocean park project in Taipa.
Prices in Macau in 2016 recorded an average annual increase of 2.37 per cent due to a rise in the price of car park leases, the prices of meals bought away from home, cars and tobacco and the costs of buildings management services, reported the Statistics and Census Bureau.
Tencent Web (qq.com), one of the mainland’s largest Internet companies, announced on Monday that its coverage has been extended to Macau. The announcement was made during a press conference at Macau Tower.
The Department of Economics, University of Macau (UM) released a report stating that the region’s economy is beginning to recover and is forecast to “continue its steady growth in 2017.”
Central People’s Government Liaison Office Director Wang Zhimin said in his address during a reception on Friday celebrating the Chinese New Year it was “exceptional” that Macau could achieve full employment and economic stability last year amid the ongoing pressure of the global economic slowdown.