Daily Archives: February 11, 2021
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BNU says drop due to reduction of interest rates on loans, less credit card transactions
Following the results published on Wednesday which showed a 41.7% drop in the profits of the Banco Nacional Ultramarino (BNU) in 2020, the BNU has justified ... -
CE New Year Message: Accelerate economic diversification to speed post-pandemic recovery
In his annual new year message, welcoming the Year of the Ox, Chief Executive Ho Iat Seng emphasized the need to accelerate Macau’s economic diversification for ... -
USA | Trial highlights: Harrowing footage, focus on Trump’s words
House Democrats opened their first day of arguments in former President Donald Trump’s impeachment trial with searing footage of the U.S. Capitol riot as they painted ... -
Biden in call with China’s Xi raises human rights, trade
Joe Biden had his first call as president with Xi Jinping, pressing the Chinese leader about trade and Beijing’s crackdown on democracy activists in Hong Kong ... -
CNY: Gov’t inspects venues to ensure safety during holiday
Various governmental departments have been inspecting several venues to ensure safety during the Spring Holiday festival. The public agencies, including the Labour Affairs Bureau (DSAL), have ... -
Motosport: Faye Ho collaborates with Roadhouse to support Irish racer McCormack
FHO Racing BMW has teamed up with The Roadhouse Macau to support Irish Superbike Champion Brian McCormack in the ultra-competitive Bennetts British Superbike Championship (BSB) in ... -
Gaming | MGM records 78% revenue drop in 2020
MGM China saw revenue fall by 78% to approximately HKD5.1 billion in 2020, with a negative adjusted EBITDA of approximately HKD1.4 billion, the gaming operator announced ... -
2021 Arrivals | MGTO strives for an ambitious target of 6 to 10 million tourists
The Macau Government Tourism Office (MGTO) is set to aim for five strategic focuses to accelerate the city’s tourism recovery, shooting for a target of 6 ... -
Fernandes forecasts up to 20,000 daily visitor arrivals this CNY
Director of the Macau Government Tourism Office (MGTO) Helena de Senna Fernandes has admitted that she is not so hopeful of a high tourist arrival during ... -
CAEAL bids for safer and cheaper legislative elections
The Electoral Affairs Commission for the Legislative Assembly Election (CAEAL) is aiming for safer and cheaper elections this year, the president of the CAEAL, Tong Hio ... -
Briefs | Lowest rainfall in 60 years recorded
The Pearl River Water Conservancy Commission of the Ministry of Water Resources has pointed out that, since November 2020, the rainfall in the Pearl River Basin ... -
Macau to host first-ever 10K running event next month
Macau will host its first-ever international 10km (10K) running competition in March, the Times learned from the Sports Bureau (ID). This will be the first time ... -
Approved SME credit limit down 46%
The credit of newly-approved small and medium-sized enterprise (SME) fell in the second half of 2020. The outstanding balance of SME loans rose year-on-year while the ... -
Covid-19 hinders CNY spending
The weeks prior to the Chinese New Year (CNY), which are usually a spending spree period for local shops to generate extra revenue, will be ... -
Macau Legend casinos allegedly forces staff to accept vouchers as salary
Macau Legend Development Ltd’s casinos are allegedly forcing some casino staff to accept consumption vouchers as a substitute for their yearly bonus, or else be subject ... -
Banking | BOC closes 2020 with 3% revenue growth, BNU drops 42%
The Bank of China-Macau (BOC) recorded a profit last year of MOP5.6 billion, an official financial report published yesterday at the Official Gazette shows. The ... -
Panda pavilion free during Spring Festival Holiday
The Macau Giant Panda Pavilion and Cute Animal Zone of the Flora Garden will be free of charge during the upcoming Spring Festival Holiday. Between February ... -
Fire safety law | Nursing homes required to be equipped with fire control room
Nursing homes must be equipped with a fire control room, according to the recently approved fire safety law. Recntly, the Second Standing Committee of the Legislative ... -
Four commit crime again while awaiting deportation
Four individuals waiting to be deported to their home country are facing added charges after engaging in a street brawl that involved 12 people in total, ... -
South extension project of airport to be completed in Q4
The entirety of the South Extension Building project at Macau International Airport (MIA) is estimated to be completed in the fourth quarter (Q4) of 2021, the ... -
Explainer | What the WHO coronavirus experts learned in Wuhan
A World Health Organization team left China yesterday after gaining some new insights into the origins of the coronavirus pandemic that has now killed more than ... -
Recovery points to Lunar New Year boost for gold demand
China’s economic recovery from the coronavirus pandemic may offer some solace to gold bulls, with expectations building that jewelry demand will rebound following last year’s wipe ... -
This day in history | 1987 Mrs Payne is no brothel Madam
Party planner Cynthia Payne has been acquitted of nine charges of controlling prostitutes at her home in south west London. The courtroom burst into applause after ... -
USA | What to Watch: Democrats to argue Trump alone incited mob
House Democrats will begin two days of arguments in Donald Trump’s second impeachment trial, trying to convince skeptical Republicans that the former president alone was responsible ... -
Drive In | ‘Little Fish’ is a pandemic-era, sci-fi love story
The year is 2021. A frightened, angry crowd lines up outside a medical center, desperate for a cure for a terrible virus. “He pushed in front!” ... -
Taste of Edesia | A festive celebration
Year of the Ox is finally here and everyone is looking for a unique way to celebrate with family and friends. To do so without spending ... -
Book It | Priyanka Chopra Jonas reveals private life details
Priyanka Chopra Jonas’s memoir, “Unfinished,” is a moving story of her rise to fame — and of her life before anybody knew her name. Chopra Jonas ... -
tTunes | CNCO gives fans a swanky ‘Déjà Vu’ on covers album
Imitation is the sincerest form of flattery and a covers album is the most earnest form of vocal flexing. What better way to prove you’re not ... -
The Buzz | Hong Kong to reopen venues, relax distancing rules as cases drop
Hong Kong will allow restaurant dining-in services until 10 p.m. and relax other social-distancing rules after the Chinese New Year, as the city tries to move ... -
Chinese spacecraft nearing Mars, world’s second in two days
A Chinese spacecraft appears poised to enter orbit around Mars, one day after an orbiter from the United Arab Emirates did so and about a week ... -
World Views | Fox News follows the money away from Trump
Fox News, calling itself a “center-right” network, is distancing from Donald Trump and effectively reminding investors that its political coverage and on-air roster are more profit strategy than ... -
Thursday, February 11, 2021 – edition no. 3714
* Mild ambition — MGTO expects 20,000 visitors a day in CNY and strives for an ambitious target of 6-10 million tourist arrivals the whole year ...
