G2E Asia | Tourism chief says art, culture will one day drive visitors to Macau

Macau’s first large-scale art exhibition, Art Macao, is set to kick off June 6, aiming to expand the city’s local art scene, Helena de Senna Fernandes

Per capita visitor spending down 15%

A 21% year-on-year increase in visitor arrivals during the first quarter of 2019 yielded a mere 3% increase in non-gaming spending in Macau, according to the latest results

Gaming | Junket king hatches plan to lure VIPs back to baccarat — in Vietnam

Macau’s biggest junket operator will open its own resort in Vietnam by year’s end, seeking growth elsewhere in Asia as an exodus of big-spending VIPs from

MGM ends talks with Wynn about acquiring Boston casino

MGM Resorts International ended discussions with Wynn Resorts Ltd. about buying that company’s nearly finished casino outside Boston, saying it would focus on its existing Massachusetts

Moody’s maintains Macau’s ‘Aa3’ rating

Moody’s Investors Service, an international credit rating agency, announced yesterday that it has confirmed the Macau SAR’s long-term issuer ratings at “Aa3” with a “stable” rating outlook. It said

Legislative Assembly | HK, Singapore tougher on corruption than Macau, says Agnes Lam

Hong Kong and Singapore are much tougher on corruption than Macau, said lawmaker Agnes Lam yesterday at the Legislative Assembly (AL), citing relatively lenient punishments in

Hengqin theme park to star ‘Hunger Games’ and ‘Twilight’

Some of Lionsgate’s most popular film franchises from “Hunger Games” to “Twilight” will be brought to life when the studio opens what it calls the world’s first

Sports | Macau GP confirms International Series cars will race

As the Times reported on March 4, the Macau Grand Prix Organizing Committee (MGPOC) has now confirmed that the 66th Macau Grand Prix to be held

Uproar over ad with gay couple shows HK lags in LGBT rights

Two barefoot men dressed conservatively in dark suits stroll hand-in-hand on a beach, in a print advertisement that’s part of a new Cathay Pacific Airways Ltd.

Kyle Bass confident in bet against Hong Kong dollar

Kyle Bass, founder of Hayman Capital Management, said he’s shorting the Hong Kong dollar against the U.S. dollar to express his view that Hong Kong’s usable

Hong Kong’s last governor calls extradition law ‘worst thing’ since 1997

Chris Patten said Hong Kong’s proposed extradition law would break China’s “one country, two systems” promise and risks undermining the territory’s rationale as an international

Portugal plans to issue public debt in China

Portugal plans to issue bonds denominated in Chinese currency in the amount of 2 billion yuan or about 260 million euros, the Portuguese Secretary of State for

Opinion | Kicked in the Teeth by the British

When it comes to 5G-enabled smartphones, Britain is a pretty decent bellwether: It’s one of just five countries currently rolling out the new mobile standard. So the decision

BT drops new Huawei phones from 5G rollout

BT Group Plc won’t offer phones from Huawei Technologies Co. when it starts Britain’s first 5G mobile network next week, joining a growing list of wireless operators

Japan carriers delay sale of new Huawei smartphones

Two Japanese mobile carriers said yesterday they are delaying the sale of new smartphones from Huawei as they confirm the safety of the Chinese products. Sales

Trade | Beijing cuts taxes to spur chipmakers in face of US pressure

China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies. The Finance

Surveillance tycoons lose billions from threat of US sanctions

Escalating tensions between Washington and Beijing are wiping billions from the net worth of China’s richest surveillance tycoons. The billionaires behind Hangzhou Hikvision Digital Technology Co.

Taiwan navy holds drill amid China tensions

Taiwan’s navy held a major live-fire exercise yesterday off the island’s east coast in an area increasingly threatened by Chinese ships and planes. The drills

Indonesia | Six dead in riots; Widodo says he won’t tolerate unrest

Indonesia’s President Joko Widodo yesterday that authorities have the volatile situation in the capital Jakarta under control after six people died in riots by supporters of his

N. Korea calls Biden ‘fool of low IQ’ over Kim criticism

North Korea has labeled Joe Biden a “fool of low IQ” and an “imbecile bereft of elementary quality as a human being” after the U.S.

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MACAU DAILY TIMES