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Leong doesn’t expect July’s casino revenue to top 18 billion patacas

Leong doesn’t expect July’s casino revenue to top 18 billion patacas

Secretary for Economy and Finance Lionel Leong Vai Tac said on Saturday that while the statistics for July’s gross gaming revenue are not available yet, he estimated that the figure will not exceed 18.355 billion patacas ( US$ 2.294 billion), the so-called “red line” set by the government for austerity measures to be put in […]
Macau Exco gives green light to IACM’s reshuffle

Macau Exco gives green light to IACM’s reshuffle

The Executive Council (ExCo) has concluded discussions on the ongoing restructuring and reshuffling of Macau’s Civic and Municipal Affairs Bureau (IACM), and its new functions. Under the reshuffle, some of IACM’s duties and functions will be reassigned to the Cultural Affairs Bureau (IC) and the Sports Development Board (ID). Two hundred IACM employees will then […]
Full smoking ban could lead to 25 pct casino revenue loss: Macau MGM chief

Full smoking ban could lead to 25 pct casino revenue loss: Macau MGM chief

A 15 to 25 percent loss in gaming revenue was possible if a blanket smoking ban would be imposed on casinos, as had been the case in other gaming jurisdictions, MGM Chief Executive Officer and Executive Director Grant Bowie said Thursday. Bowie made the gloomy prediction after attending a graduation ceremony of the gaming operator’s […]
ANIMA pledges to find greyhounds new homes if racetrack is closed

ANIMA pledges to find greyhounds new homes if racetrack is closed

Macau Society for the Protection of Animals (ANIMA) President Albano Martins said Thursday that once the Yat Yuen Canidrome is closed, his group had a plan to work with its international counterparts to find the about 700 greyhounds new homes. ANIMA held an International Roundtable on Greyhounds  at the Grand Coloane hotel, with representatives of […]
Closer trade ties expected between Guangdong FTZ, HK and Macau

Closer trade ties expected between Guangdong FTZ, HK and Macau

Efforts are well underway to create even closer economic ties between China (Guangdong) Pilot Free Trade Zone, and Hong Kong and Macau. “Cooperation with Hong Kong and Macau has always been what distinguishes Guangdong free trade zone from China’s three other free trade zones,” said He Li, deputy director of the Guangdong sub-administration of China […]
Online consultation on Macau’s anti-smoking bill to start on Aug 1

Online consultation on Macau’s anti-smoking bill to start on Aug 1

The Legislative Assembly’s (AL) 2nd Standing Committee President Chan Chak Mo said Wednesday his committee had decided to hold a two-month online consultation about the government-drafted anti-smoking bill, starting at the beginning of next month. The committee met Wednesday to discuss the controversial Tobacco Control and Prevention Law amendment bill. The bill proposes four main […]
Macau’s inflation rate slows to 4.91 percent in June

Macau’s inflation rate slows to 4.91 percent in June

Macau’s composite consumer price index (CPI) for June rose 4.91 percent year-on-year, down slightly from the 4.93 percent growth in the previous month, the Statistics and Census Bureau (DSEC) announced on Tuesday. The bureau said last month’s increase was mainly due to higher housing rents and the rising cost of eating out and renting parking […]
Siza Vieira backs demolition of Hotel Estoril in Macau

Siza Vieira backs demolition of Hotel Estoril in Macau

Secretary for Culture and Social Affairs Alexis Tam Chon Weng said on Tuesday that a famous Portuguese architect had suggested that the dilapidated Hotel Estoril should be demolished as part of the government’s reconstruction project. Tam had said previously that he plans to redevelop the vacant former casino-hotel into an arts and culture centre for […]
Macau pet owners may be liable if their pets attack humans

Macau pet owners may be liable if their pets attack humans

The government’s animal protection bill may include stipulations addressing pet owners’ criminal liability in the event that their pets attack humans, the legislature’s 1st Standing Committee President Kwan Tsui Hang said on Monday. Kwan made the remark after a meeting with government officials, including Secretary for Administration and Justice Sonia Chan Hoi Fan and Civic […]
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