Daily Archives: Thursday, September 26, 2024
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Casinos see shares rise after Beijing’s stimulus
Macau’s casino operators continued to see significant gains yesterday, following the Chinese government’s announcement of a major stimulus package to revitalize the economy. Shares of the ... -
Macau Bridge to be inaugurated on National Day
The fourth road link between the Peninsula and Taipa Island, named Macau Bridge, will be officially inaugurated on the National Day (Oct. 1). The bridge’s inauguration ... -
Macau faces growing regional competition in a changing IR landscape
Integrated resorts (IRs) must adapt to government expectations and shifting market dynamics to remain competitive, a gaming expert said. Niall Murray, an expert in IRs, gaming ... -
e-MOP digital currency to commence trial operations by end of 2025: BOC
Macau will launch a trial operation of its digital currency, dubbed “e-MOP,” for select users and entities by the end of 2025, following a public showcase ... -
Cambodia hopes a new canal will boost trade
The Mekong River is a lifeline for millions in the six countries it traverses on its way from its headwaters to the sea, sustaining the world’s ... -
Citywide consumption program begins Sept. 30
From Monday, the public can participate in the citywide consumption program, with the chance to win electronic discount coupons. Participants can participate in three draws per ... -
Gov’t posts healthy budget surplus
Macau closed the first eight months of the year with a surplus of 11.4 billion patacas, according to budget execution data from the Financial Services Bureau. ... -
Authorities prepare for Golden Week travel surge
In anticipation of a significant influx of travelers during the National Day Golden Week, authorities have implemented contingency measures to ensure smooth transit. The Transport Bureau ... -
MGTO sees strong bookings ahead of National Day Golden Week
The Macau Government Tourism Office (MGTO) has reported that 70% of hotel accommodations have already been reserved for the holiday period, with expectations of further increases ... -
Wynn to host local SME procurement meeting at MIF
Wynn Resorts announced this week it will host the “2024 Wynn Local SME Procurement Partnership Meeting” at its exhibition booth O37 during the 29th Macao International ... -
First batch of central provident funds withdrawals processed
The Social Security Fund (FSS) has begun crediting accounts for the first batch of withdrawals from the Special Allocation of the Budget Surplus 2024. Over 82,000 ... -
Traffic control planned for LRT Seac Pai Van
The Transport Bureau (DSAT) yesterday announced temporary traffic control measures on Seac Pai Van road. Scheduled drills for the light rail (LRT) will commence on Sept. ... -
‘Handover cup’ prize returns for 43rd marathon
First introduced in 2019, the Galaxy Entertainment Group (GEG) Handover Cup, a special prize from the Macao International Marathon event, will return in this year’s 43rd ... -
College student suspected of concert ticket fraud
The Public Security Police has apprehended a male college student from the mainland in his 20s, suspected of defrauding at least six women of over MOP17,000 ... -
Save the Dates! Our annual Oktoberfest bash returns at MGM COTAI
Get ready to dive into the most anticipated annual celebration of the year! The Oktoberfest Macau at MGM is back to captivate the city with 12 ... -
GBA tax challenges tackled in joint tax memorandum
In the News Guangdong, Hong Kong, Macau and Shenzhen signed, in Hong Kong, a memorandum (MoU) on tax cooperation, the Financial Services Bureau (DSF) has announced ... -
Greater Bay Area film concert features Chinese culture, togetherness
As lights dimmed and anticipation filled the air, the curtain was raised at the Greater Bay Area Film Concert 2024. Last Sunday night, in Macau Special ... -
Zhongshan – Smart lock cluster among China’s Top 100
Zhongshan’s Xiaolan town has earned a spot among China’s top 100 specialty industry clusters, as recognized by the Ministry of Industry and Information Technology. This achievement ... -
Jiangmen – Delta cities streamline real estate registration
Four cities in the western Pearl River Delta—Zhuhai, Zhongshan, Jiangmen, and Yangjiang—have agreed to streamline real estate registration processes, enhancing inter-city integration in Guangdong province. This ... -
Zhaoqing – Ambitious plans for low-altitude economy
Zhaoqing is set to develop its low-altitude economy, which refers to economic activities taking place below 3,000 meters in the airspace. The city’s newly released plan ... -
US tariffs on China may backfire, experts warn
The high tariffs imposed by the United States on China have been isolating itself on trade-related issues, experts say. “At the end of the day, the ... -
Australia’s treasurer will visit China this week as bilateral ties are mending
Treasurer Jim Chalmers will this week become the first Australian government minister in that key economic role to visit China in seven years, in the latest ... -
China test-fires an intercontinental ballistic missile into the ocean
China test-fired an intercontinental ballistic missile into the Pacific Ocean yesterday, stirring security concerns in the region already tense over Beijing’s territorial claims and rivalry with ... -
1984 UK and China agree Hong Kong handover
Britain and China have finalised an agreement which will end more than 150 years of UK rule in Hong Kong. The proposal – which will hand ... -
Osaka cruises through opening round at China Open
Former top-ranked Naomi Osaka started the China Open with a routine 6-3, 6-2 victory over Lucia Bronzetti of Italy yesterday. The four-time Grand Slam champion was ... -
Local Lawmakers say senior citizens facing financial struggles
Many senior citizens in Macau are struggling to make ends meet, as their old age pensions are not enough to cover their daily expenses, according to ... -
Hong Kong editors who face prison in sedition case told court about journalistic ideals
Writing to the Hong Kong court that convicted him of sedition, former Stand News editor Patrick Lam said he regretted missing a chance to tell a ... -
Companies, experts decry US crackdown on Chinese auto tech as ‘national security abuse’
Chinese companies and experts have criticized the growing protectionism and abuse of “national security” that underscore the U.S. government’s latest plan to rid the country’s vehicles ... -
Thursday, September 26, 2024 – edition no. 4574
* With a little help… — City casinos see shares rise after Beijing’s economic stimulus * Gaming alert | Growing regional competition in a changing IR ...
