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Macau government plans to set up info platform on policies

Macau government plans to set up info platform on policies

Public Administration and Civil Service Bureau (SAFP) Director Kou Peng Kuan says in a reply to a written interpellation by directly elected legislator Si Ka Lon that the government plans to set up an information platform from which the public can receive answers to their questions about the government’s policies. Si, a local Fujianese community […]
Venetian Macao hosts China Music Awards

Venetian Macao hosts China Music Awards

The 20th Channel [V] China Music Awards and Asian Influential Power Grand Ceremony returned to The Venetian Macao on Friday for the fifth consecutive year, holding the award ceremony at its Cotai Arena. A press release issued by Sands China described how The Venetian’s main lobby was the location for hundreds of fans as they […]
Pearl Horizon homebuyers launch new protest in the streets of Macau

Pearl Horizon homebuyers launch new protest in the streets of Macau

About 2,000 Pearl Horizon homeowners staged a street protest on Sunday, hoping to meet with the Chief Executive to find a way out for the suspended Areia Preta residential project. An owners association says a short-term assistance program introduced by the developer is no solution. Some 2,000 Pearl Horizon homeowners took to the streets to […]
Macau and Guangdong explore cross-border ecommerce platform

Macau and Guangdong explore cross-border ecommerce platform

In recent years, China’s e-commerce and online payment markets are getting mature and popular. Smartphone payments tools like Alipay and Wechat are now inseparable from public life. Yet, these markets are still at the beginning stage in Macau. An e-commerce expert from Guangdong suggested the two places to build together an online payment platform, or […]
Wynn hopes business will pick up by year-end

Wynn hopes business will pick up by year-end

Wynn Resorts Macau Executive Director Linda Chen told reporters yesterday she expects gaming industry revenue to stabilise this year and hopes that there will be a slight rebound by the end of the year. Chen made the comments at Wynn Macau where she attended the opening of a business matching session with local small- and […]
IMF says Macau economy to contract 7.2 per cent in 2016

IMF says Macau economy to contract 7.2 per cent in 2016

The International Monetary Fund (IMF) forecast Macau SAR’s economy to contract 7.2% for 2016 and to resume a positive growth of 0.7% for 2017 informed the Monetary Authority of Macau on Wednesday. The international organisation indicated that Macau SAR’s inflation to linger around 3.0% and its unemployment rate to stay at a low level of […]
Business-government collusion is ‘rather serious’ says CCAC

Business-government collusion is ‘rather serious’ says CCAC

The Commission Against Corruption (CCAC) is concerned about “rather serious” collusion between business people and government officials, according to an annual report released by the graft buster on Wednesday. The report also singles out the shocking case of two Public Security Police (PSP) officers suspected of fabricating evidence. The commission says in the report its […]
Macau at risk of overcapacity said Morgan Stanley

Macau at risk of overcapacity said Morgan Stanley

Morgan Stanley warns of overcapacity in Macau as thousands of rooms and hundreds of gaming tables come online by 2017, according to a note from the brokerage. “This could result in either cannibalization or rise in competition – thus, margin erosion,” says the note. Morgan Stanley analysts say Macau will see over 6000 new rooms […]
Teaching material deal ‘lawfully granted’ in Macau

Teaching material deal ‘lawfully granted’ in Macau

Chief Executive Fernando Chui Sai On confirmed that the government has granted a 5.9 million pataca service contract to the Macau Association for Promotion of Science and Technology, which is headed by his cousin Jose Chui Sai Peng, for compiling general knowledge teaching materials for local primary schools, “according to the law and established procedures”. […]
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