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MGM lifts Macau stake in US$325 million deal with Pansy Ho

MGM lifts Macau stake in US$325 million deal with Pansy Ho

MGM Resorts International has acquired more shares in its Macau unit in a deal valued at about US$325 million with Pansy Ho Chiu King, who will add to her stake in the Las Vegas-based parent company. According to a statement by MGM China Holdings to the Hong Kong Stock Exchange on Tuesday, MGM Resorts International […]
Wynn Macau to move 250 gaming tables from Nape to Cotai

Wynn Macau to move 250 gaming tables from Nape to Cotai

Wynn Macau announced on Monday that it has got permission from the Gaming Inspection and Co-ordination Bureau (DICJ) to transfer 250 gaming tables from its casino-hotel complex in Nape to Wynn Palace in Cotai. The US gaming company headed by Steve Wynn made the announcement in a statement to the Hong Kong Stock Exchange. According […]
New Secretary-General of the Permanent Secretariat of Forum Macau takes office

New Secretary-General of the Permanent Secretariat of Forum Macau takes office

The new Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macau) took office on Thursday. Xu Yingzhen served for several years as Commercial Counsellor of the Department of American and Oceanian Affairs of the Ministry of Commerce of China (equivalent to Director-General level). Xu replaced Chang […]
Macau lawmakers pass legislative election bill

Macau lawmakers pass legislative election bill

The outline of a government-initiated bill to amend the Legislative Assembly Election Law was passed in its first reading during a plenary session of the legislature on Tuesday, with four lawmakers voting against and 28 lawmakers voting for the bill. A total of 32 lawmakers cast their votes. As is customary, the speaker of the […]
Water tariff in Macau to increase in fourth quarter

Water tariff in Macau to increase in fourth quarter

Authorities will increase the water tariff for the region later this year. This comes in response to an uptick in water supply cost in Guangdong Province. The Marine and Water Bureau is going to impose an updated water tariff on residents in the fourth quarter of this year, with households with less consumption expecting a […]
Macau Pac On terminal ready early next year

Macau Pac On terminal ready early next year

The Marine and Water Bureau (DSAMA) and Public Security Police (PSP) have already started taking over some areas of the long-delayed Pac On Ferry Terminal in Taipa which is now slated to be operational early next year, Secretary for Transport and Public Works Raimundo do Rosario said on Thursday. The policy secretary apologised for delaying […]
When Life Gives You Lemons…Make Cleaning Products!

When Life Gives You Lemons…Make Cleaning Products!

As figures in a vegetarian eatery, we not only like to advocate for conscious eating but also conscious living! For many people “being green” seems like a trendy fad, one that can be expensive, time consuming, and takes a lot of thought. Some parts of adopting a lifestyle that is endemically better for you and […]
Macau Monetary Authority: Economy to stabilise next year

Macau Monetary Authority: Economy to stabilise next year

A Monetary and Financial Stability Review compiled by the Monetary Authority indicates that Macau’s economy is back on track and could resume growth already next year. “Macau SAR’s current economic adjustment is cyclical, and the sign of bottoming-out is looming. Economic contraction is likely to continue through 2016 but the degree is narrowing as mainly […]
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 […]
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