Monthly Archives: February 2024
-
Tuesday, February 20, 2024 – edition no. 4427
* Leased land — Macau to rent land from central government for light rail connection at northern border * CNY | Overseas spending of Alipay users ... -
Gangs shift from Macau casinos to poorly regulated countries: report
Casino criminals have moved from Macau to other parts of Asia, according to a report issued by The Weekend Australian. The report has noted that gangs are setting ... -
2024 CNY arrivals beat 2019 by a whisker, hotel occupancy at 95%
The first seven days of this year’s Spring Festival Golden Week saw a rise in visitors to Macau of 2.55% to 1,232,569 visitors, 30,657 more than ... -
Hong Kong customs arrests 7 in a USD1.8b money laundering case linked to transnational crime
Hong Kong customs officials have arrested seven people linked to the territory’s largest ever money laundering case, involving about 14 billion Hong Kong dollars ($1.8 billion) ... -
Top diplomats from US, China hold ‘constructive’ talks on issues dividing them
Top diplomats from the U.S. and China on Friday held a “candid and constructive” discussion on issues vexing their strained relations over Taiwan, the situation in ... -
100 accidents involving mainland drivers in nine months
The Public Security Police Force (PSP) has said that mainland drivers using vehicles in Macau have been involved in 101 traffic accidents since the start of ... -
LRT East Line train system contract awarded to three companies
Macau authorities have awarded a contract worth MOP3.657 billion to Mitsubishi Heavy Industries, Top Builders, and Hou Chon Consortium to operate the system for the East ... -
Electric motorcycle purchase subsidy set for June
The Environmental Protection Bureau is taking steps to promote the use of new energy vehicles and expand the infrastructure for electric vehicles. Raymond Tam, the bureau’s ... -
Apartments’ rent down 3%: DSEC
The average rent per square metre of usable area for residential units in Macau was MOP131 in 2023, down by 3.0% year-on-year, according to data from ... -
Rodrigues with a humble finish on UAE F4, Slater crowned
Local teen racer Tiago Rodrigues has completed his participation in the 2024 UAE Formula 4 (F4) Championship. The reigning champion from the Chinese F4 Championship in ... -
A record-breaking January for New Jersey gambling, even as in-person casino winnings fall
Four major gambling revenue records were smashed in New Jersey in January as 2024 got off to a rousing start for everything except the thing casinos ... -
Manulife HK, Macau reports strong growth in 2023
Manulife Hong Kong and Macau has reported strong growth in annualized premium equivalent (APE) sales, core earnings, new business value (NBV) and new business contractual service ... -
Melco’s gastronomic series to commence 2024 events in March
The “Melco Style Presents: The Black Pearl Diamond Restaurants Gastronomic Series,” which successfully launched four of the 10 four-hands themed banquets in 2023, will continue to roll ... -
At start of Lunar Year of the Dragon, China seeks to assert its own interpretation of cultural icon
At the start of the Lunar Year of the Dragon, China is seeking to assert its own interpretation of the cultural icon that dates back centuries ... -
Activists protest ex-general’s win in presidential election and allege massive fraud
Protesters marched in Indonesia’s capital on Friday demanding the election authority stop Prabowo Subianto from taking office as the next president and claiming widespread electoral fraud. ... -
Doctors rally against government plans to increase the number of medical students
Hundreds of South Korean doctors rallied in the capital, Seoul, and other cities on Thursday against a government plan to boost the number of medical students. ... -
Nerve agents, poison and window falls. Kremlin foes have been attacked or killed over the years
The attacks range from the exotic — poisoned by drinking polonium-laced tea or touching a deadly nerve agent — to the more mundane of getting shot ... -
1997 China’s reformist Deng Xiaoping dies
China’s paramount leader Deng Xiaoping has died at the age of 92. He had been suffering from failing health for several years and was last seen ... -
US swimmer Curzan and China’s Pan win their 4th golds at the worlds
Standout swimmers Claire Curzan of the United States and Pan Zhanle of China won their fourth gold medals at the world championships on Saturday. Curzan was ... -
Parliament wants WikiLeaks founder Julian Assange back home, not sent to US
Australian Prime Minister Anthony Albanese said late last week he hoped for an amicable end to the prosecution of WikiLeaks founder Julian Assange after lawmakers ramped ... -
China’s coast guard to ramp up patrols near Taiwan’s Kinmen archipelago after two fishermen die
China is stepping up patrols in the waters off the coast of Taiwan’s Kinmen archipelago, days after two of its fishermen drowned while being chased by the Taiwanese ... -
Electioneering tariff talk belies the reality
There has been plenty of hoopla about the effectiveness of tariffs when it comes to correcting what in the eyes of US policymakers is unfair trade ... -
Monday, February 19, 2024 – edition no. 4426
* Dirty money — Criminal gangs associated with junket ops have moved from Macau to poorly regulated countries in Southeast Asia; shifts to online operations: Report ... -
Daily visitors hit almost 180,000, reaches pre-pandemic levels
The first five days of the Spring Festival Golden Week, from Feb. 10 until Feb. 17, brought to Macau more visitors than in 2019, provisional figures ... -
February GGR might top MOP19.8b amid casino stocks surge
Shares of MGM China Holdings Ltd. surged 10% in Hong Kong, reaching their highest level since June 2021. Galaxy Entertainment Group Ltd. and Wynn Macau also ... -
MGM records all-time high in revenues as casino shares hit 20%
Last year was MGM China’s best in terms of income collected, hitting 20% market share. In an earnings report, the gaming operator revealed all-time highs for ... -
Japan slips into a recession, loses spot as world’s third-largest economy
Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank ... -
Ho Iat Seng: SAR seeks economic diversification in Year of Dragon
Chief Executive Ho Iat Seng said it is necessary to be proactive to realize substantial progress in appropriate economic diversification in the Year of the Dragon. ... -
Float parade and performances dazzle city during CNY
The float parade and performance organized by Macao Government Tourism Office (MGTO) made its debut on earlier this week, with 15 floats, 30 performance groups, and ... -
Several local residents caught smuggling products into the mainland
Mainland authorities have reportedly caught several local residents trying to smuggle several kinds of products into the mainland. There were at least three different cases reported ... -
HK watchdog warns Alvin Chau’s former firms over Russia deal
Hong Kong’s securities regulator has warned it may delist two companies formerly headed by jailed junket mogul Alvin Chau over concerns about its USD116 million sale ... -
Q1 MICE events to attract 33,000 participants
Macau expects to welcome approximately 33,000 visitors in the current quarter through a series of nearly 20 convention and exhibition events, as reported by the Macao ... -
Water consumption up 7.1% in 2023
Water consumption in Macau has seen a year-on-year increase of 7.1%, with business consumption rising by 21.7%, according to the director of the Marine and Water ... -
MGM enchants Chinese New Year with melodies by A-Lin
The Golden Melody Awards winner and songstress, A-Lin, delivered a two-night full-house concert, “A-Lin Chinese New Year Music Show at MGM.” The concert successfully concluded on ... -
SJM celebrates Lunar New Year with lion dance parade
On the first day of the Chinese New Year, SJM Resorts, S.A. celebrated the advent of the Dragon Year with the “SJM Lion Dance Parade” at ...
