Mainland capital accounts for 56% of new companies in Q1

Capital from the mainland accounted for the creation of a total of 55.5% of all newly registered companies in Macau during the first quarter (Q1) of 2021, a statistics release

Trade | Australia’s spat with Beijing opens door for grain rival Argentina

Farmers in Argentina are pouncing on a trade feud between grain rival Australia and voracious crop buyer China. Argentine growers are set to expand barley plantings by 28% this year after

Philippines rejects China fishing ban, wards off Chinese vessels

The Philippines said China’s unilateral fishing ban in the South China Sea doesn’t apply to areas within the Southeast Asian nation, in yet another sign of tension between the two

Covid-19 | Hong Kong-Singapore travel bubble has families on tenterhooks

As Singapore’s government assesses any potential change to a planned travel bubble with Hong Kong following a spike in local virus cases, families on both sides of the South China Sea are

Covid-19 | EU delivers vaccine jabs to Balkans after China and Russia

The European Union started delivering EU-funded coronavirus vaccines to the Balkans, a region that wants to join the 27-nation bloc but where China and Russia have already been making political

This day in history | 1994 President and Queen open Chunnel

The Queen and France’s President Francois Mitterrand have formally opened the Channel Tunnel during two elaborate ceremonies in France and Britain. After travelling through the tunnel, which took eight years and

G-7 | India’s foreign minister out of meeting over Covid risk

India’s foreign minister pulled out of in-person meetings at a Group of Seven gathering in London yesterday and was self-isolating after members of his country’s delegation tested positive for the

Markets | Chicago says goodbye to CME’s last commodity trading pits

It’s the end of an era for open outcry commodities trading, made famous by the film “Trading Places” with Eddie Murphy and Dan Aykroyd. The CME Group Inc. said yesterday

Gaming | California tribe buys Palms Casino in Vegas for $650 million

The San Manuel Band of Mission Indians agreed to buy the Palms Casino Resort in Las Vegas from Red Rock Resorts Inc. for $650 million, the biggest purchase by a

Corporate bits | Wynn’s F&B academy targets to reach international benchmark

The Wynn Food & Beverage Academy continues to hold career development and F&B training sessions. The academy collaborates with a number of global institutions for team members to receive recognized and

Football | Roma might be a perfect fit for José Mourinho

José Mourinho, that most outspoken of soccer coaches, will take over next season at Roma, the team with some of the most outspoken fans in Italy. “The incredible passion of the

The Buzz | Biden aims to vaccinate 70% of American adults by July 4

President Joe Biden set a new vaccination goal to deliver at least one shot to 70% of adult Americans by July Fourth as he tackles the vexing problem of winning

Wine that went to space for sale with $1 million price tag

Christie’s said this week it is selling a bottle of French wine that spent more than a year in orbit aboard the International Space Station. The auction house thinks a

World Views | Unseen digital cash will stretch your money

Away from the cryptocurrency craze, important changes are taking place in how financial institutions move funds. Unlike the upcoming digital yuan or the keenly awaited Britcoin and FedCoin, a wholesale version of electronic cash might never

Thursday, May 6, 2021 – edition no. 3766

— Registration for the consumption card scheme will commence tomorrow, which will allow transfer of funds among other convenient options * Water Poon | Art as the pillar to anchor the

Gaming | SJM records HKD647million Q1 loss

SJM Holdings recorded a total loss of HKD647 million in the first quarter widened from last year’s loss of HKD409 million. According to the gaming operator’s unaudited report, released yesterday, the

Success Dragon proposes to quit electronic gaming business in town

The Hong Kong-based Success Dragon International Holdings has proposed to desist offering electronic gaming machine (EGM) management service to Macau’s casinos due to its unsatisfactory performance, according to the group’s release published

Hotel industry believes worst time has passed

General hotel occupancy in Macau reached levels of between 80% to 90% during the May 1 holidays, giving the industry confidence that the worst has passed, president of the Macau

Unemployed residents stood at 11,600 in Q1

Both the local unemployment and underemployment rates have risen during the first quarter (Q1) of this year, official statistics released by Statistics and Census Service (DSEC) show. According to the release,

Crime | PJ unveils credit card fraud schemes involving over MOP6 million

The Judiciary Police (PJ) has uncovered two cases of fraud in which unlawfully used data from credit cards was used for the acquisition of goods in online stores and online

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