Galaxy to buy Wynn stake in move that could reshape Macau 

Galaxy Entertainment Group. Ltd. agreed to buy a stake in Wynn Resorts Ltd., in a surprise move linking two of the biggest operators in Macau and Las Vegas that could

Editorial | The Manchurian candidate

The plot of the popular political thriller is well known: simply put, it delves into a conspiracy to install a puppet leader in a state in order to serve

Steve Wynn parts with 4.1 million shares in first sale

Steve Wynn cut his stake in the USD18 billion casino company he founded after settling an acrimonious, six-year court fight with his ex-wife, a

AL Plenary | Plan to build a ‘neighborhood’ for the elderly in Hengqin announced

The government is planning to build not just a nursing home for elderly people on Hengqin island, as was revealed previously, but a “neighborhood”

Analysis | Baby delivery charges: Government price plan raises legal uncertainties

Responding to an outcry over a ninefold hike in non-resident delivery charges, the Secretary for Social Affairs and Culture may have been confident last week that

Briefs | Lending rates to be raised

The MSAR raised the Base Rate of the Discount Window by 25 basis points to 2.0 percent yesterday, the Monetary Authority of Macao said. As the pataca is

New trade rules proposed for PSC food products

The Macau Trade and Investment Promotion Institute (IPIM) hopes that a breakthrough can occur regarding goods' transactions from Portuguese- speaking countries to mainland China within this year,

Kim Jong Nam | Police deny prejudice against Kim murder suspects

A Malaysian police investigator said yesterday the absence of four North Korean suspects believed to have orchestrated the killing of their leader’s half brother didn’t cause prejudice against the

Agnes Lam doubts government’s supervision of land resources

Lawmaker Agnes Lam has expressed doubts about the local government’s supervision of state-owned lands, following the recent discovery of illegal engineering works and land occupation at

Food & Beverage | Chefs to gather in Macau for ‘Asia’s 50 Best Restaurants’

Asia’s top chefs and restaurateurs will gather in Macau between March 25 and 27 for the unveiling of “Asia’s 50 Best Restaurants 2018”, a gourmet awards ceremony

Real Estate Matters | Why are Properties in Macau so Expensive?

We often find clients arriving from overseas are absolutely shocked at the property prices in Macau. A look of disbelief is often followed by a phrase

African nations sign largest free trade agreement since WTO

African leaders signed what is being called the largest free trade agreement since the creation of the World Trade Organization. The deal creates a

Fosun eyes second shot to buy Greek insurer if winning bid fails

Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop

N. Korean sanctions evasions reveal Hong Kong’s middleman role

In the dead of night last month, two tanker ships pulled alongside each other in the East China Sea. One was a North Korean vessel, the other

Xi Era | State media now with more Communist Party propaganda

Chinese state media will be getting more propaganda now that the Communist Party has announced it will be in direct control of broadcasters and the

Trump hits USD50 billion of China goods amid fears of trade war

President Donald Trump took his boldest step to level the economic playing field with China, ordering sweeping tariffs on Chinese goods in a move that

Senior US diplomat, Taiwan leader speak at Taipei event

A senior U.S. diplomat said at an event in Taipei that the United States wishes to “bolster Taiwan’s ability to defend its democracy” after President Donald Trump signed

Thailand | 18 dead as tour bus loses control, crashes off road

A chartered tour bus lost control on a downhill curve in Thailand’s northeast and slid off the side of the road, killing at least 18 people and injuring

Philippines | Police kill 13 drug suspects in daylong raids

Philippine police said they killed 13 drug suspects and arrested more than 100 suspected dealers and criminals in 24 hours of raids in a province with

Cambodia rejects joint statement of human rights concern

Cambodia’s ambassador to the United Nations office in Geneva yesterday rejected a statement to the U.N. Human Rights Council endorsed by 45 nations that urges improvements in the

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MACAU DAILY TIMES