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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 […]
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 […]
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 […]
Macau Chief Executive to visit Portugal in September

Macau Chief Executive to visit Portugal in September

Chief Executive Fernando Chui Sai On will pay an official visit to Portugal in the second half of September, the Portuguese radio channel of government-owned broadcaster TDM reported Monday. The unsourced report said that Chui was expected to meet Portuguese President Marcelo Rebelo de Sousa and Prime Minister Antonio Costa during the visit, Chui’s second to […]
Macau prepares to propose new heritage sites to UNESCO

Macau prepares to propose new heritage sites to UNESCO

The Macau government is preparing new heritage site in the to be presented to UNESCO with a view to including them on the world heritage list, the President of the Macau Cultural Affairs Bureau (ICM) told newspaper Hoje Macau. Ung Vai Meng also said that by December this year three sections of the ancient walls […]
Canidrome to relocate or shut down its operations by 2018

Canidrome to relocate or shut down its operations by 2018

The Macau government has ordered Macau (Yut Yuen) Canidrome Co Ltd. to relocate its greyhound racing track or shut down its operations within the next two years. The racing track is located in the northern area of the Macau peninsula. A press release issued today by the Gaming Inspection and Coordination Bureau (DICJ) states that […]
Macau’s June annual inflation continues to slow

Macau’s June annual inflation continues to slow

Annual inflation in Macau in June continued to slow down, posting an increase of 2.26 per cent year on year, or a decrease of 0.38 percentage points compared to May, reported the city’s Statistics and Census Bureau. Growth in June was mainly due mainly to rising car park rates as well as the prices of […]
Macau and China add protocol to the agreement to avoid double taxation

Macau and China add protocol to the agreement to avoid double taxation

The Macau Special Administrative Region (MSAR) and China’s State Administration of Taxation in Beijing signed an additional protocol to the agreement to avoid double taxation and prevent tax evasion, officials said in Macau. The Additional Protocol, the third, according to the statement released by the Office of the Secretary for Economy and Finance includes reducing […]
2016 Macau Grand Prix to cost MOP 200 million

2016 Macau Grand Prix to cost MOP 200 million

The budget for the Macau Grand Prix this year is around MOP 200 million, around the same as last year, Sports Bureau (ID) President Pun Weng Kun said during a press conference at Macau Tower on Monday. Pun spoke to reporters about the 63rd Grand Prix after signing an agreement with Suncity Group to sponsor […]
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