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Macau’s residential property prices fall 4.2 per cent in Q1

Macau’s residential property prices fall 4.2 per cent in Q1

The average price of residential units decreased by 4.2 per cent quarter-to-quarter to 72,955 patacas per square metre of usable area in the first quarter, the Statistics and Census Bureau (DSEC) announced on Tuesday. The average price of pre-sale residential units dropped by 8.9 per cent to 94,165 patacas per square metre. The average price […]
Royal Flight commences bi-weekly Macau-Moscow charter flights

Royal Flight commences bi-weekly Macau-Moscow charter flights

Macau is a good gateway to China for Russian airlines, Dmitriy Arkhipov, a vice-president of Royal Flight, a Russian charter airline based in Abakan, said on Tuesday. Abakan, which has some 173,000 inhabitants, is the capital city of the Russian Federation’s Republic of Khakassia in the southwestern part of Siberia. Speaking to The Macau Post Daily on the […]
G2E Asia 2016 in Macau highlights iGaming Zone

G2E Asia 2016 in Macau highlights iGaming Zone

The G2E Asia 2016 Conference commenced Tuesday at The Venetian, welcoming over 180 exhibitors, 800 VIPs, and buyers from across the globe. The event’s opening ceremony brought together local government, business organizations, and representatives of the international gaming industry. This year’s exhibition will be highlighting the fast-growing iGaming Zone, which has attracted more than double the […]
Macau lawmaker calls for measures to tackle income gap

Macau lawmaker calls for measures to tackle income gap

Grassroots lawmaker Ho Ion Sang has urged the government to come up with measures to reduce the impact of the increasing inequality of residents’ income. Ho, one of 14 vice-chairmen of the Macau General Union of Neighbourhood Associations, makes the appeal in a written interpellation submitted to the Legislative Assembly (AL) on Monday. Ho, who […]
Macau lawmaker asks about fate of consumer rights bill

Macau lawmaker asks about fate of consumer rights bill

Lawmaker-cum-unionist Kwan Tsui Hang has asked the government to give the public an explanation as to why its bill on protecting consumer rights has not been submitted to the Legislative Assembly (AL) as scheduled. The veteran lawmaker also says she worries that lawmakers may not be able to finish debating and reviewing the bill within […]
Over 1,000 protest in Macau over Jinan University donation

Over 1,000 protest in Macau over Jinan University donation

A total of 17 groups protested on Sunday with the aim of putting pressure on the public Macau Foundation (FM) to withdraw its controversial decision to donate 100 million yuan (123 million patacas) to Jinan University in Guangzhou. The 17 grassroots groups comprised two ad-hoc alliances. A 15-group alliance included Love Macau People Power, New […]
21st Macau International Fair to invite Portugal as ‘partner country’

21st Macau International Fair to invite Portugal as ‘partner country’

The Macau Trade and Investment Promotion Institute (IPIM) will invite Portugal to become the partner country at this year’s 21st Macau International Trade and Investment Fair (MIF), IPIM Executive Director Gloria Batalha Ung said on Thursday. Speaking to reporters on the sidelines of a seminar themed “Ideas from Europe, Ideas from Macau” at Macau Tower, […]
Macau gaming expo to put more focus on non-gaming

Macau gaming expo to put more focus on non-gaming

A gaming expo taking place next week will put more emphasis on non-gaming entertainment to offer gaming operators an alternative way of increasing revenue amidst the challenges they’re facing with gaming revenue, expo organiser Reed Exhibition’s Senior Vice President Josephine Lee Nga Yee said on Thursday. Lee made the comments while speaking to reporters prior […]
Macau’s mid-term gaming report not related to renewal of concessions

Macau’s mid-term gaming report not related to renewal of concessions

Secretary for Economy and Finance Lionel Leong Vai Tac said on Wednesday that the government’s mid-term gaming sector performance report wasn’t related to the renewal of the city’s gaming concessions, but rather to allow gaming operators to see what they can improve on. Leong made the remarks during a press conference on the government’s mid-term evaluation report […]
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