‘Firm recovery’ only in 2023 as gaming sector losses up to USD2b in first half

The gaming sector may only see steady recovery in 2023, says investment banking company Jefferies Group, as all gaming operators have reported revenue losses of

Travel City drops entry ban for foreigners residing in the mainland

Foreigners residing in mainland China can enter Macau without undergoing quarantine from today. According to a dispatch from the Chief Executive, these foreign passport

Gov’t unaware of cause of quarantine worker’s infection

Local authorities have not yet been able to identify the cause of infection of a security worker on duty at the England Marina Club Hotel, the Secretary for

Economy chief blames borrowers for unpaid mortgages

People should exercise caution when purchasing real estate, and be aware of the possibility they can’t support such a financial burden, Secretary for Economy and Finance

Chinese gov’t plans cloud seeding to protect grain crop from drought

China says it will try to protect its grain harvest from record-setting drought by using chemicals to generate rain, while factories in the southwest waited yesterday to

Consumer prices up 1.4% in July

Information from the Statistics and Census Service (DSEC) indicates that the Composite Consumer Price Index (CPI) for July was 103.95 points, an increase of 1.38% year-on-year. The increase

MGTO to resume ‘Macao Week’ in September

The Macao Government Tourism Office (MGTO) is set to resume its in-person promotional campaigns with visits to different regions after the city’s coronavirus outbreak in

Gov’t pledges to boost rights protection efforts for people with disabilities

The Macau SAR has pledged that it will continue efforts to protect the rights of people with disabilities, according to a statement issued by the Legal

Prioritizing local talent development

    Dr. Wilfred Wong, President of Sands China Ltd.   For 15 years now, The Venetian Macao has been reaching ever-higher levels

Melco sees local operations’ revenues drop by nearly half

Heightened border restrictions in Macau and mainland China related to Covid-19 have dealt a blow to gaming operator Melco Resorts & Entertainment Limited as its

China jails Canadian tycoon for 13 years for finance crimes

A Chinese-born Canadian tycoon who disappeared from Hong Kong in 2017 was sentenced last week to 13 years in prison for a multibillion-dollar string of financial offenses

UN: US buying big Ukraine grain shipment for hungry regions

The United States is stepping up to buy about 150,000 metric tons of grain from Ukraine in the next few weeks for an upcoming shipment of

1978 Kenya’s founding father dies

Kenya’s president, Jomo Kenyatta, has died at his home in Mombasa. An official announcement on Voice of Kenya radio said Mr Kenyatta died peacefully in his sleep on Tuesday

A global economy in growing danger

Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas

Melco honors 20 colleagues from Back to School program

Melco Resorts & Entertainment recently hosted a dedicated Back to School graduation ceremony for 20 colleagues who have been studying for their High School Diplomas while working full time

MGM and MYEIC host visit to young entrepreneurs 

The second edition of “MGM x MYEIC Young Entrepreneur Nurturing Program” introduced a new project series, namely the “Pulse-Checking for Young Entrepreneurs.” Aimed to help young entrepreneurs to seek breakthroughs

Strike at biggest shipping port adds to UK industrial chaos

The first day of a planned strike at Britain’s biggest container port started yesterday, joining a series of walkouts by transportation workers that have disrupted economic activity across

Presale housing system stands at a crossroad

It’s true that the completion of some housing projects has been delayed, but work on most of the projects is progressing smoothly and housing units will be handed

Monday, August 22, 2022 – edition no. 4079

— Only supermarkets thriving in crisis, sector growing by 28% * Gaming | ‘Firm recovery’ only in 2023 as casino losses up to USD2b in first half * Covid-19 | City drops

Car blast kills daughter of Russian known as ‘Putin’s brain’

MOSCOW — The daughter of a Russian nationalist ideologist who is often referred to as "Putin's brain" was killed when her car exploded on the outskirts of Moscow, officials said

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