Daily Archives: Tuesday, May 16, 2023
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Casino floors see MOP8b in revenues in May’s first half
Casino floors have seen MOP8 billion of gross gaming revenue (GGR) in the first 14 days of the month, an average daily run rate of MOP570 ... -
IC confirms no Int’l Parade this year
Following three years of absence, the Macao International Parade will see another year of abeyance, president Leong Wai Man of the Cultural Affairs Bureau (IC) has ... -
Survey finds low child visitation rate in divorced parents
A survey has discovered that the non-guardian side of divorced couples only occasionally visit their children. Yesterday, the Women’s General Association of Macau announced the results ... -
Full payment by employers for maternity leave to start from May 26
Employers will be obligated to pay salaries in full during their employees’ maternity leaves from May 26, as government subsidization will come to an end on ... -
Study shows confidence in early resumption of economic stability
The city’s Prosperity Index may return to the stability level in April – earlier than expected – the Macau Economic Association (MEA) said in a statement ... -
China sentences 78-year-old US citizen to life in prison on spying charges
China sentenced a 78-year-old United States citizen to life in prison yesterday on spying charges, in a case that could exacerbate the deterioration in ties between ... -
Mainland, Macau to mutually recognize driving licenses
An agreement enabling mutual recognition and exchange of driving licenses between the mainland and Macau will take effect today, according to the Ministry of Public Security ... -
Health courses participants surge 250% y-o-y
Participants in health courses surged by 250.1% year-on-year, mainly due to an increase in participants in rescue techniques courses, according to data from the Statistics and ... -
Summit discusses GBA as ‘window of talent’
A summit on talent development was held last week in Macau to discuss building the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) into a “window of talent.” ... -
Fai Chi Kei pumping station construction to commence in three phases
The first phase of construction for the new pumping station in Bacia Norte do Patane will begin on May 19, with the aim to complete construction of ... -
Forex reserves drop to MOP213b by April
The preliminary estimate of the SAR’s foreign exchange reserves amounted to 213.5 billion patacas at the end of April, the monetary watchdog said yesterday. The latest ... -
Rental application period for New Neighborhood units end May 25
As the Macau New Neighborhood (MNN) is expected to be completed in August, a submission period for 60 shop units was put in place from May ... -
SJM’s losses narrow in Q1 as sector upbeat for recovery
SJM Holdings recorded a net gaming revenue HKD3.70 billion during the first quarter (Q1) of the year, amid the robust recovery the casino sector has been ... -
EU backs Microsoft buying Call of Duty maker Activision Blizzard – but the $69B deal is still at risk
The European Union yesterday approved Microsoft’s $69 billion purchase of video game maker Activision Blizzard, deciding the deal won’t stifle competition for popular console titles like ... -
Manulife HK, Macau’s critical illness plans increase over 40%
Manulife Hong Kong and Macau reported a double-digit year-on-year increase in insurance sales in the first quarter of 2023, primarily driven by strong demand from mainland ... -
teamLab Macao creates three new artworks spaces
From June 1, The Venetian Macao and international Tokyo-based art collective teamLab will hold three new artwork spaces, such as “Floating Flower Garden: Flowers and I ... -
Ukraine envoy due to start Europe trip
A Chinese envoy was preparing yesterday to visit Ukraine and Russia, but there appeared to be little chance of a breakthrough to end the 15-month-long invasion. ... -
Opposition parties, after stunning election win, set plans to enlist allies to take power
Fresh off a stunning election victory in which they together captured a majority of seats in the House of Representatives, Thailand’s top two opposition parties began ... -
Macron vows to build back factories, boost economy
Building factories to boost job creation and make France more independent — that’s President Emmanuel Macron’s ambition for the French economy. It’s a big challenge, as ... -
2001 Prescott punches protester
The Labour Deputy Prime Minister, John Prescott, has punched a protester who threw an egg at him during a visit to Rhyl in north Wales. The ... -
Cartier’s use of images of Amazon tribe prompts Indigenous advocates to allege hypocrisy
Until two months ago, Cartier’s website showed Yanomami children playing in a green field. The French luxury jewelry brand said it was working to promote the ... -
Gundogan is Guardiola’s go-to guy again in City’s latest title march
Pep Guardiola’s first signing as Manchester City manager will go down as one of his best. Reliable, versatile and delivering when it really matters, Ilkay Gundogan ... -
UN to commemorate Palestinians’ 1948 flight from Israel for the first time
For the first time, the United Nations will officially commemorate the flight of hundreds of thousands of Palestinians from what is now Israel on the 75th ... -
Turkey presidential election will go to runoff as Erdogan performs better than expected
Turkey’s presidential election will be decided in a runoff, election officials said yesterday, after incumbent Recep Tayyip Erdogan pulled ahead of his chief challenger, but fell short of ... -
High hopes for five-nation peace shuttling
From Monday, Special Representative of the Chinese Government on Eurasian Affairs Li Hui is paying visits to Ukraine, Poland, France, Germany and Russia for communication aimed ... -
Tuesday, May 16, 2023 – edition no. 4246
* Rolling high — Casino floors see MOP8b in revenues in May’s first half * No event | IC confirms no Int’l Parade this year * ...
