Manuel Joaquim das Neves will relinquish his position as the Gaming Inspection and Coordination Bureau (DICJ) director. After leading the bureau for 18 years and working as a civil servant for 31 years, Manuel Neves revealed to TDM that he intends “to take a break” and “devote more time to family and leisure.” Questioned about […]
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The unemployment rate for the July-September period has remained stable with little change compared with the June-August period, according to data from the government. The unemployment rate remained at 1.9 percent, with the number of unemployed up by 100 to 7,600 persons. Of the total labor force of 402,500, labor force participation also remained at […]
The drop in gaming revenues in the last 18 months has brought changes to local casinos’ high-roller market, Melco Crown Entertainment (MCE) Co-chairman and CEO Lawrence Ho Yau Lung said on Tuesday, adding that the shift from the high-rolling VIP to the mass market was “likely to be a permanent one.” “There has been a […]
Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing to pay for two private security guards to be in attendance around-the-clock at his Manhattan apartment, to ensure he does not flee. Ng, 67, is at the center of a bribery case that has drawn […]
Trade between the Chinese mainland and Macau increased by 35.2 percent year-on-year to USD3.56 billion during the first nine months of 2015, the Ministry of Commerce revealed on Tuesday. The mainland’s exports to Macau rose by 37.4 percent year-on-year to USD3.42b during the January-September period. The MSAR’s exports to the mainland totaled USD140m, a decrease […]
Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing to pay for two private security guards to be in attendance around-the-clock at his Manhattan apartment, to ensure he does not flee. Ng, 67, is at the center of a bribery case that has drawn […]
An East European gang has stolen the details of over 1,000 ATM and credit cards since last October, Chan Cho Man, a Judiciary Police (PJ) spokesman, said on Monday. According to Chan, the police received calls from five banks from March to May, which reported that someone was trying to withdraw money from 26 of […]
More professional purchasers showed up at this year’s 20th Macau International Trade and Investment Fair (MIF) than last year, according to the organizer’s preliminary data. Running over four consecutive days at The Venetian Macao since last Thursday, the event saw a total of 50 agreements inked between chambers and governments as well as around 574 […]
Transport Bureau (DSAT) Director Lam Hin San said that Uber’s services are “closely related” to illegal taxi operations, adding it was illegal for Uber drivers “to carry passengers in their cars”. Speaking to reporters on the sidelines of a trail-running competition in Coloane, the city’s transport chief said that in Macau all light vehicles must […]