Gaming | Bernstein predicts compound annual growth to reach 9% over next four years

Brokerage Sanford C. Bernstein has predicted that the compound annual growth rate of Macau gross gaming revenue could reach 9% for the four-year period spanning 2019

Ambrose So expects VIP revenue to continue decline

Ambrose So, Vice Chairman and Chief Executive Officer of SJM Holdings Limited, expects casino VIP room revenue to continue declining amid the U.S.-China trade dispute

Visitor spending continues its plunge for fourth consecutive quarter

Total visitor spending (excluding gaming activities) in the third quarter of 2019 dropped by 17.2% year-on-year to 15.2 billion patacas, with that of overnight visitors (12.19

Motorcycle Grand Prix decision contradicts rulebook

The decision by the Macau Grand Prix Organizing Committee (MGPOC) to hand out a final classification for this year’s interrupted Macau Motorcycle Grand Prix (GP) appears to

Energy | Nuclear accounts for 90% of Macau electricity supply

The 8th International Forum on Clean Energy (IFCE) began yesterday with the participation of over 200 representatives from the government, industry and academia. The

Education | Three schools confirmed to move into New Urban Zone

The Education and Youth Affairs Bureau (DSEJ) has signed letters of intent with education organizations regarding the environmental improvement of some school campuses. Escola

Gov’t proposes 25% expansion to Judiciary Police staff

The government has proposed expanding the number of Judiciary Police (PJ) staff to about 1,600 through the introduction of new departments and divisions, it was revealed

Q&A | Mike Goodridge: Appealing stories are the key, says IFFAM director explaining lineup

Stories about Macau, when told as films, should not only be made for the city, but should also be made appealing to the world, recommended Mike Goodridge,

Briefs | ‘Child CE’ to be picked by socialites

The Women’s General Association of Macau is organizing a mock election event to elect a symbolic “child Chief Executive.” The child Chief Executive candidates will be reviewed and

Even HK’s homegrown bankers are considering moving away

A senior banker born in Hong Kong plans to try getting a U.S. green card, just in case the city’s social unrest worsens. Two other executives in

Senate passes bill to support human rights in Hong Kong

The Senate on Tuesday easily approved a bill to support human rights in Hong Kong following months of often-violent unrest in the semi-autonomous Chinese city.

Hong Kong’s next flashpoint: the first vote since unrest began

Even as Hong Kong grapples with a violent university siege that has captivated the world, things could potentially get even worse this weekend if the government scraps the

Japanese tech giant offers researchers million-dollar salaries

Telecom giant NTT Group is offering record pay to hire top scientists as it looks to match some of the basic research prowess of global

Australia | Billionaires plan to export solar power to Singapore

Two of Australia’s richest people, Atlassian Corp. co-founder Mike Cannon-Brookes and Fortescue Metals Group Chairman Andrew Forrest, are investing in an ambitious project to export solar

Melco to hold Christmas Bazaar featuring local SMEs

Melco Resorts & Entertainment will host a month-long Christmas Bazaar open to the general public at Studio City from December 1 to 31, inviting small & medium enterprise

Sands China holds visit to Congjiang County

A group of around 60 Sands Cares Ambassadors and winners of the company’s Because We Care Team Member Awards recently went on a three-day trip funded by Sands

Trade war | US, China to tie tariff relief to failed deal from May

The near-deal between the U.S. and China that fell apart six months ago is now being used as the benchmark to decide how much tariffs should be rolled back in

Ex-British Consulate staff says Chinese police tortured him

A former employee of the British Consulate in Hong Kong says he was detained and tortured by Chinese secret police trying to extract information about massive anti-government protests in the

Esper accuses China of intimidating smaller Asian nations

U.S. Defense Secretary Mark Esper yesterday accused China of using coercion and intimidation against smaller Asian nations to impose its will in the South China Sea. He urged Vietnam and

Australia | Westpac bank faces massive fine for breaches

Major Australian bank Westpac is facing a potentially massive fine after being accused of 23 million breaches of the anti-money laundering and counterterrorism financing act. The financial crime regulator AUSTRAC said

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