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BNU Macau concludes first six months with net results up 17 per cent

BNU Macau concludes first six months with net results up 17 per cent

Banco Nacional Ultramarino (BNU Macau) concluded the first half of 2016 with year-on-year growth of 17 percent in net results, which amounted to MOP278.57 million (US$34.8 million), said chief executive officer Pedro Cardoso. Cardoso told Macauhub on Monday that all key banking business indicators showed improvements when half-years were compared. He highlighted, for example, the […]
Macau vehicle registrations fall 32 per cent in H1

Macau vehicle registrations fall 32 per cent in H1

The number of new motor vehicle registrations dropped by 31.6 per cent year-on-year to 6,869 in the first half of the year, the Statistics and Census Bureau (DSEC) announced on Tuesday. The number of new motorcycle registrations declined by 25.9 per cent to 3,809. The number of new light private car registrations fell by 48.4 […]
Welcome to the future

Welcome to the future

Jack Ma Yun urges Macao to develop Internet and Big Data The founder of Internet giant Alibaba told young people that they should make use of the World Wide Web and Big Data to turn Macao into an ‘intelligent city’, with advanced Internet and finance companies. Jack Ma Yun was delivering a lecture on 6th […]
Macau casino gambling revenue shrinks 4.5 per cent in July

Macau casino gambling revenue shrinks 4.5 per cent in July

Macau’s gross gaming revenue in July recorded a monthly decline of 4.5 per cent, amounting to MOP17.8 billion (US$2.2 billion), according to data released from the Gaming Inspection and Coordination Bureau (DICJ), the city’s gaming regulator. July’s gross gaming revenue fell less than the estimated percentage of 5.5 per cent, as the summer holidays brought more tourists […]
Anti-graft chief urges government to manage Macau’s land better

Anti-graft chief urges government to manage Macau’s land better

Commissioner Against Corruption Cheong Weng Chon said on Monday that how to manage and use the city’s land resources better had been repeatedly addressed in his commission’s reports on land issues. Cheong made the remarks after attending a reception hosted by the People’s Liberation Army (PLA) garrison in Macau to celebrate its 89th anniversary. Cheong […]
Macau hoists No.1 typhoon signal

Macau hoists No.1 typhoon signal

The Meteorological and Geophysical Bureau (SMG) hoisted the No.1 typhoon signal at 0:30 a.m. today on the 1 August. The signal was hoisted, as Tropical Cyclone Nida was 800 kilometres east-southeast of the city at around midnight. It was heading north-west at about 20 kilometres per hour, threatening to bring with it strong winds and […]
Panda twins to be named by Macau residents

Panda twins to be named by Macau residents

The Civic and Municipal Affairs Bureau (IACM) has announced that residents can propose names for the locally-born panda twins from Monday next week until the end of the month. According to an IACM statement, each resident can only submit one two-name suggestion and explain in no more than 160 Chinese characters why they have chosen […]
Macau’s imports dropped by 21.1 per cent in H1

Macau’s imports dropped by 21.1 per cent in H1

Macau’s imports of cars and motorcycles shrank by 56.7 per cent to MOP593 million in the first half of the year, the Statistics and Census Bureau (DSEC) has announced. Imports of watches dropped by 41.6 per cent year-on-year to MOP1.95 billion in the first half of the year. Mobile phone imports decreased by 47.6 per […]
Central government official urges Macau to embrace TCM

Central government official urges Macau to embrace TCM

State Administration of Traditional Chinese Medicine Deputy Director Ma Jianzhong said Thursday that Macau should play a more important role in the modernisation of traditional Chinese medicine (TCM) and integrate TCM into its medical system. Ma made the comments Thursday when delivering a speech at the opening of the China (Macau) Traditional Medicine International Co-operation Forum at […]
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