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Costa Antunes supervises last Macau Grand Prix

Costa Antunes supervises last Macau Grand Prix

João Manuel Costa Antunes, coordinator of the Macau Grand Prix Committee, has told media that this would be his last time assisting with the annual car-racing event, saying he would now be able to spare more time for his family and his favorite sport, golf. The Portuguese engineer started serving the commission in 1988. The […]
Costa Antunes supervises last Macau Grand Prix

Costa Antunes supervises last Macau Grand Prix

João Manuel Costa Antunes, coordinator of the Macau Grand Prix Committee, has told media that this would be his last time assisting with the annual car-racing event, saying he would now be able to spare more time for his family and his favorite sport, golf. The Portuguese engineer started serving the commission in 1988. The […]
Macau Hotel Estoril’s mosaic ‘inappropriate’ for its new role, says Alexis Tam

Macau Hotel Estoril’s mosaic ‘inappropriate’ for its new role, says Alexis Tam

Secretary for Social Affairs and Culture Alexis Tam Chon Weng insisted on Monday that Hotel Estoril’s mosaic was “inappropriate” for the building’s new role the government has in mind. The government announced in April its redevelopment plan for the former casino-hotel and its swimming pool, proposing to turn the former into a youth activities centre […]
Macau Hotel Estoril’s mosaic ‘inappropriate’ for its new role, says Alexis Tam

Macau Hotel Estoril’s mosaic ‘inappropriate’ for its new role, says Alexis Tam

Secretary for Social Affairs and Culture Alexis Tam Chon Weng insisted on Monday that Hotel Estoril’s mosaic was “inappropriate” for the building’s new role the government has in mind. The government announced in April its redevelopment plan for the former casino-hotel and its swimming pool, proposing to turn the former into a youth activities centre […]
Macau construction sector boots local economy

Macau construction sector boots local economy

The main indicators of the construction sector registered a general increase in 2014, largely due to the construction of hotels and entertainment facilities, according to information from the Statistics and Census Service (DSEC). The statistical data indicates that the value of construction increased by 63.2 percent year-¬on-year to MOP78.15 billion, intermediate consumption rose by 60.2 […]
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 Vai Tac 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 […]
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 […]
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