Daily Archives: Monday, March 4, 2024
-
2023 GDP rebounds to 80% pre-pandemic levels
Macau’s economy expanded by 80.5% year-on-year in 2023, following the gradual resumption of local economic activity and exports of services. Government data shows GDP returned to ... -
Gov’t places order for LRT East line infrastructure with Mitsubishi
The government has placed an order with the Mitsubishi Heavy Industries (MHI) for the Automated Guideway Transit (AGT) System for the Light Rapid Transit (LRT) East ... -
February GGR hits MOP18.49 billion
The gross gaming revenue (GGR) of Macau’s casinos increased 79.1% year-on-year in February, reaching MOP18.49 billion. This figure fell slightly below projections from JP Morgan Securities ... -
Horse-owners demand new compensation formula from MJC
A group of horse owners has told a weekend press briefing the Macau Jockey Club (MJC) should follow a compensation scheme they have proposed. In an ... -
Melco’s market share loss prompts management shake up
Casino operator Melco Resorts & Entertainment experienced a decline in market share in Macau in 2023, which was a contributing factor in the decision to change ... -
What to watch for as China’s major political meeting of the year gets underway
One burning issue dominates as the 2024 session of China’s legislature gets underway this week: the economy. The National People’s Congress annual meeting, which opens tomorrow, ... -
Gov’t has no plans to ease import restrictions from Japan
The government has no plans to ease or remove the ban on Japanese food imports from 10 prefectures, the IAM has said in a written note ... -
IAM building to close public spaces for maintenance
The Senado Square Municipal Affairs Bureau (IAM) building will close most of its public areas for maintenance and repair works. According to an IAM press statement, ... -
Gov’t promotes city in Indonesia, Portugal
The Macao Government Tourism Office (MGTO) has again led a travel trade delegation to the ASTINDO Travel Fair in Indonesia, where it ran a Macao Pavilion ... -
Light Up Macao draws 7.8m spectators: MGTO
Staged from last December to Feb 25, Light Up Macao 2023 has culminated with 7.78 million spectators, according to the Macao Government Tourism Office (MGTO). Organized ... -
Voucher campaign for E-wallet spenders
Macau authorities have launched a campaign with local chambers of commerce to promote domestic consumption in northern Macau. The campaign, supported by various government agencies, will ... -
CE attends Beijing’s National People’s Congress
The Chief Executive (CE), Ho Iat Seng, will today travel to Beijing for the opening ceremony of the second session of the 14th National People’s Congress ... -
Hengqin lifts tariffs for most Macau imports
Hengqin started Friday to allow most goods to be moved there tax-free from Macau. Under the new mechanism, tariffs will be generally lifted for goods entering ... -
HK composer defends MACA, saying royalties not public domain
While surprised by comments in the recent copyright royalty arguments, a Hong Kong music composer said royalty collection entities are not obliged to disclose how the ... -
Gov’t pledges to increase opportunities for foreign companies as it seeks to boost its economy
Chinese Vice President Han Zheng pledged last week to provide more opportunities for foreign companies in China as the government tries to restore confidence in the ... -
South Korea Doctors hold massive anti-government rally over medical school recruitment plan
Thousands of senior doctors rallied in Seoul yesterday to express their support for junior doctors who have been on strike for nearly two weeks over a ... -
MGM Presents a Unique CNY Citywalk Experience to the Community
MGM has launched a fresh revitalization initiative “Barra Spring Fest” – in which MGM has extended its arts & culture ingenuity and network into the Barra ... -
Organized crime attacks on local candidates raise fears may face its bloodiest elections ever
As Mexico prepares for the largest elections in its history, organized crime is once again preying on local candidates across swaths of the country where cartels ... -
1975 Comic genius Chaplin is knighted
Silent film legend Charlie Chaplin has become Sir Charles after a ceremony at Buckingham Palace. The star of such films as The Kid and The Great ... -
LeBron reaches 40,000 points, but Jokic, Nuggets use finishing kick to beat Lakers 124-114
LeBron James reached 40,000 points, but Nikola Jokic had 35 points and 10 rebounds and the Denver Nuggets made a late push to beat the Los ... -
India’s richest man is bringing Rihanna and 1,200 guests to a pre-wedding bash for his son
It might be the biggest party this small west Indian city has ever seen. As billionaire industrialist Mukesh Ambani prepares for the wedding of his son ... -
China’s manufacturing activity contracts for fifth straight month despite policy support
Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers released last week, reflecting persistent weakness in ... -
Monday, March 4, 2024 – edition no. 4436
* Bouncing back — Macau’s economy in 2023 rebounds to 80% of pre-pandemic levels as city sees steady recovery * New tab | Gov’t places order ...
