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Macau government to extend Yat Yuen concession for short period

Macau government to extend Yat Yuen concession for short period

Secretary for Economy and Finance Lionel Leong VaiTac said on National Day he “believed” the government will extend the Macau Yat Yuen Canidrome’s greyhound racing concession “for a short period” without any change in the current contract terms, adding that the duration of the new concession had yet to be decided. The government has commissioned […]
Macau’s gross gaming revenue falls 33 percent

Macau’s gross gaming revenue falls 33 percent

Macau’s gross gaming revenue in September fell 33 percent year-on-year to 17.13 billion patacas (2.2 billion U.S. dollars), according to the latest figures from the industry regulator, the city’s Gaming Inspection and Coordination Bureau. The industry suffered the 16th consecutive monthly income decrease, but the drop narrowed by 2.5 percent from August, the figure indicated. […]
Macau balance of trade deficit totals US$6.2 billion from January to August

Macau balance of trade deficit totals US$6.2 billion from January to August

The Macau balance of trade recorded a deficit of 49.36 billion patacas between January and August, an improvement of 3.2 percent over the deficit recorded in the same period of 2014, of 51 billion patacas, reported the region’s Statistics and Census Bureau. In the first eight months of 2015 Macau exported goods worth 7.291 billion […]
Group holds vigil to push for axing of dog races

Group holds vigil to push for axing of dog races

About 100 people attended a candlelight vigil held by the Macau Society for the Protection of Animals (ANIMA) near Nam Van Lake opposite Government Headquarters last night, urging to government to terminate greyhound racing in Macau. Speaking to reporters on the sidelines of the event, ANIMA President Albano Martins said dog racing should stop in […]
Group holds vigil to push for axing of dog races

Group holds vigil to push for axing of dog races

About 100 people attended a candlelight vigil held by the Macau Society for the Protection of Animals (ANIMA) near Nam Van Lake opposite Government Headquarters last night, urging to government to terminate greyhound racing in Macau. Speaking to reporters on the sidelines of the event, ANIMA President Albano Martins said dog racing should stop in […]
Macau Trade and Investment Promotion Institute to take over MICE support

Macau Trade and Investment Promotion Institute to take over MICE support

Macau Trade and Investment Promotion Institute (IPIM) Acting President Irene Lau Kuan Va said on Tuesday that her institute will be taking over the support for the city’s MICE sector from the Macau Economic Bureau (DSE) in November. Lau said the government hoped to make its support for the MICE sector more efficient through the […]
Centaline sees no further drop in housing prices

Centaline sees no further drop in housing prices

Sales and rental prices for shop units and office and industrial building spaces have continued to drop but housing prices will not go further down with prices returning to the level they were at the start of the year, Centaline (Macau) Property Agency Director Jacky Shek Pou Tak predicted on Tuesday. Shek made the forecast […]
Macau asks Beijing to let it manage coastal waters

Macau asks Beijing to let it manage coastal waters

The Macau government has lodged a formal application with the central government on the management of Macau’s “customary” coastal waters, Chief Executive Fernando Chui Sai On said on Monday. Chui spoke to reporters at the airport before heading to Zhoushan city in Zhejiang province for a two-day working visit along with senior officials including Secretary […]
Macau asks Beijing to let it manage coastal waters

Macau asks Beijing to let it manage coastal waters

The Macau government has lodged a formal application with the central government on the management of Macau’s “customary” coastal waters, Chief Executive Fernando Chui Sai On said on Monday. Chui spoke to reporters at the airport before heading to Zhoushan city in Zhejiang province for a two-day working visit along with senior officials including Secretary […]
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