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Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng freed on bail

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 […]
Mainland-Macau Trade rises 35.2 percent in nine months

Mainland-Macau Trade rises 35.2 percent in nine months

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 freed on bail

Macau developer Ng Lap Seng freed on bail

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 […]
East European gang steals over 1,000 card details

East European gang steals over 1,000 card details

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 […]
MIF registers slight increase in trade visitors, some exhibitors disappointed

MIF registers slight increase in trade visitors, some exhibitors disappointed

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 […]
Uber ‘closely related’ to illegal taxis says Macau’s transport chief

Uber ‘closely related’ to illegal taxis says Macau’s transport chief

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 […]
Uber ‘closely related’ to illegal taxis says Macau’s transport chief

Uber ‘closely related’ to illegal taxis says Macau’s transport chief

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 […]
Macau is equipped to cope with adversity says Leong Vai Tac

Macau is equipped to cope with adversity says Leong Vai Tac

Secretary for Economy and Finance Lionel Leong Vai Tac said on Thursday that the foundation of Macau’s economy has remained relatively stable and is equipped with the conditions and ability to cope with adversity while the city is undergoing a period of economic adjustment. Addressing the opening ceremony of the 20th Macau International Trade and […]
Uber starts service in Macau but police says it’s illegal

Uber starts service in Macau but police says it’s illegal

Uber soft-launched its controversial service in Macau on Thursday, but the Public Security Police (PSP) and Transport Bureau (DSAT) said in a joint statement late last night that its service is illegal. The US company said in a statement, headlined “Uber arrives in Macau,” that it “offers Macau residents and visitors a new safe, reliable, […]
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