Monthly Archives: February 2021
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Dangers of big oil spending cuts are visible in Angola’s slump
The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of ... -
Breaking News | BioNtech mRNA vaccine arrives in Macau
The Pfizer/BioNtech mRNA vaccine produced in Germany, and distributed in cooperation with Fosun, arrived this afternoon (Saturday) in Macau and it will be made available to ... -
Gaming | Lawrence Ho predicts Macau recovery in second quarter
The gaming sector could begin showing signs of recovery as early as mid-March, said Lawrence Ho, chairman and CEO of Melco Resorts and Entertainment in a ... -
Airport maintains cash levels despite global tourism standstill
Macau International Airport (MIA) suffered operational losses last year due to the pandemic bringing global tourism to a standstill. However, the chairman of the Board of ... -
Covid-19 | Gov’t backtracks, bans elderly from receiving Sinovac jabs
The SAR government has reversed its previous decision and is now barring all locals aged 60 or over from receiving the originally-promised shots of the inactivated ... -
Aviation | Hong Kong poker player raises his hold on AirAsia
AirAsia Group Berhad has announced that Hong Kong poker player Stanley Choi Chiu Fai has joined the company as a substantial shareholder via his wholly-owned entity ... -
MUST establishes new research center for cross-strait relations
Macau University of Science and Technology (MUST) has established a new research center dedicated to exploring topics and studies related to cross-strait relations between Macau and ... -
Fitch Ratings | China’s lead on domestic travel gradually normalizing APAC tourism
Domestic tourism led by China is gaining traction, as the containment of the pandemic sets the stage for the gradual normalization of domestic activity in parts ... -
Wong says ‘equal rights are not absolute’ for migrants
The Secretary for Security said that “equal rights are not absolute for migrant workers,” citing the Article 43 of the Basic Law, which also confirms the ... -
Briefs | SMG forecasts weather to cool over weekend
The Meteorological and Geophysical Bureau (SMG) has forecast that the temperature over this coming weekend will fall due to a northeasterly monsoon, which will intensify ... -
2020 statistics | Crime down 29%, cybercrime surges 97%
The number of cybercrimes grew by 96.7% year-on-year, reaching a total of 531 cases in 2020, statistics released by the Secretariat for Security revealed yesterday. Among ... -
Fuhong urges gov’t to launch more employment support for the disabled
Given the difficulty of securing a job in Macau for disabled people, local non-profit the Fuhong Society is urging the SAR government to offer more ... -
WHOLE PERSON DEVELOPMENT | Melco develops local talent through scholarships for colleagues
As part of Melco Resorts & Entertainment’s commitment to developing local talent, its Whole Person Development strategy supports colleagues with an array of training and talent ... -
Gaming | Galaxy EBITDA up 207% in Q4 2020, execs sanguine about 2021
Galaxy Entertainment Group’s (GEG) adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of HKD0.9 billion in the third quarter (Q3) of 2020 was successfully turned ... -
Taipa residents petition to CE about building safety
Residents of the Treasure Garden residential estate in Taipa have submitted a petition to the Chief Executive in the hopes of him ordering officials to manage ... -
Retail sales stood at MOP45.19B in 2020
The retail trade continued to see an upturn in the fourth quarter of 2020, with the value of retail sales surging by 102.5% quarter-to-quarter to ... -
China celebrates official end of extreme poverty, lauds Xi
The ruling Communist Party is celebrating the official end of extreme poverty in China with a propaganda campaign that praises President Xi Jinping’s role, part of ... -
Beijing says Biden bid to shift US supply chains unrealistic
China dismissed efforts to shift U.S. supply chains toward alternative sources as unrealistic, hitting back hours after President Joe Biden signed an order to review how ... -
USA | Amid Covid-19 pandemic, flu has disappeared
February is usually the peak of flu season, with doctors’ offices and hospitals packed with suffering patients. But not this year. Flu has virtually disappeared from ... -
Taste of Edesia | Culinary magic at Ying
Cantonese cuisine is known to be refined and delicate and it often takes a chef decades to become a master in delivering exquisite dim sum or ... -
Macau Racing Tips | The Providence 1510 Metres Sand 2020-02-26 | Fri | 21:25
There is a very good chance that Peter Leyshan’s yard would end his dry spell this evening. A chance will be taken on his charge Ares Spear in ... -
The Buzz | China denies subjecting US diplomats to Covid-19 anal tests
China yesterday denied subjecting U.S. diplomats to COVID-19 anal tests following reports from Washington that some of its personnel were being made to undergo the procedure. ... -
Chinese ride-sharing giant Didi plans entry into Europe
Chinese ride-hailing giant Didi Chuxing Technology Co. plans to make its debut in Western Europe, people familiar with the matter said, as the company seeks new ... -
World Views | Stop worrying about extremely unlikely Covid risks
The USDA has now announced that there’s “no credible evidence” that people can get Covid-19 from touching packages in the grocery store. At first blush, this ... -
Friday, February 26, 2021 – edition no. 3721
* China claims end of extreme poverty * Gov’t backtracks, bans elderly from receiving inactivated vaccine * MUST establishes new research center for cross-strait relations * ... -
UK sanctuary offer for Hong Kong activists is great if you can afford it
In August 2019, Sophia’s hip was broken in clashes with Hong Kong police during a protest against China’s encroaching control over the city. In December that ... -
Gov’t to build youth camping and activities venue at Cheoc Van beach
The government plans to build a youth camping and activities complex at Cheoc Van beach in Coloane. The urban condition plan (PCU) was discussed and approved ... -
Urban planning | CPU members raise questions about IC’s opinion swing
Several members of the Urban Planning Committee (CPU) have raised questions relating to an apparent “mood swing” of the binding opinions issued by the Cultural Affairs ... -
Briefs | Over 9,200 complete Covid-19 jabs
A total of 25,462 residents have made appointments for a Covid-19 vaccination as of yesterday at 9 p.m., of which 9,284 have completed the jab, ... -
Taiwan eases air traffic restrictions paving way for Macau residents to travel
Macau residents who are currently outside of mainland China or the city and wish to return home may now consider taking a stopover at Taiwan’s Taoyuan ... -
Public Financial Affairs | Gov’t aims to prevent single entities from receiving multiple subsidies
The Macau SAR government is considering introducing regulations to prevent one person or an organization from receiving multiple subsidies from different public funds. The media learnt ... -
Galaxy’s new event facility to open in H2 2021, stimulating ‘Tourism+MICE’ incentives
With its construction progress hamstrung by the pandemic, the Galaxy International Convention Center (GICC) is slated to launch in the second half of 2021. It is ... -
Crime | 4 people claim loss of RMB2.4M in online fraud
The Judiciary Police (PJ) received a report of fraud in which the alleged victims claimed they lost RMB2.4 million to fake online gambling. During yesterday’s joint ... -
JP Morgan: ‘no surprises’ about SJM’s negative EDITBA for Q4
Macau casino licensee SJM Holdings Ltd (SJM) registered a negative figure of HKD2.09 billion in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the ... -
Macau sees new high in financial reserve ROI
Macau’s return on investment (ROI) of its financial reserve for fiscal year 2020 amounted to MOP31 billion, topping the list of years as far as monetary ...
