Yearly Archives: 2024
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Japan’s exports surged nearly 12% in January in second straight month of gains
Japan’s exports surged a stronger than expected nearly 12% in January, helped by robust demand for vehicles, auto parts and machinery. That helped the nation’s trade ... -
When China is a value trap and Japan a growth play
Two recent articles from Barron’s, my old home before Bloomberg Opinion, struck me for their observations on the two biggest economies in Asia. One noted that ... -
Thursday, February 22, 2024 – edition no. 4429
* Crescendo — Fitch Ratings estimates a 15% growth of Macau’s economy this year, supported by steady tourism recovery * Copyrights | Association condemns karaoke bars’ ... -
Chan Chak Mo: Business in non-tourist areas far from recovery
Despite robust economic growth and recovering consumer spending, restaurants and retailers in non-touristy areas are far from recovery. The recent 10-day Chinese New Year holiday period ... -
Real estate group: 2023 was the worst year for market in 40 years
The year 2023 was the lowest point and the most difficult year for the development of the real estate market in 40 years, according to the ... -
Suicide rate also linked to struggling business owners, lawmaker claims
Lawmaker José Pereira Coutinho claims that recent cases of suicide, which occurred in the Northern District, are related to the incapacity of small business owners to ... -
MPGA relaunches with Michael Wong as new president
The Macau Professional Golfers Association (MPGA) has relaunched its activities following a halt in operations due to the pandemic. With the relaunch of activities, the association ... -
Central bank cuts key interest rate in latest move to boost its ailing property sector
China’s central bank announced yesterday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures ... -
Singapore Airshow features aerial displays and international debut of China’s C919
The Singapore Airshow – Asia’s largest – kicked off yesterday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner. It’s the ... -
Pereira Coutinho against current provisions of Trade Union bill
The lawmaker and president of the Board of Directors of the Macao Public Servants Association (ATFPM), José Pereira Coutinho has expressed his disagreement with some important ... -
Lawyers Association submitted three legal opinions to AL this legislative year
The Macau Lawyers Association (AAM) has submitted, so far, three pieces of advice to the Legislative Assembly (AL) this legislative year, the president of AAM, Vong ... -
Enrolment for primary and secondary schools from Apr.13
In the academic year 2024/2025, there will be 51 schools admitting secondary students and 60 school units admitting primary students, according to information released by the ... -
MGTO promotes ‘tourism + learning’ in collaboration
The Macao Government Tourism Office (MGTO) has collaborated with a newspaper in Hong Kong to promote local tourism. In collaboration with South China Morning Post (SCMP), ... -
Albergue announces activities for moon lantern festival
As the 2024 Moon Festival approaches, CAC – Círculo dos Amigos da Cultura de Macau and Albergue SCM has announced activities for the the upcoming “Celebration ... -
Sands China executives celebrate Year of the Dragon with team members
Sands China executives celebrated Chinese New Year with team members earlier this week at festivities at its properties, welcoming the Year of the Dragon together with ... -
Taiwan protests after China boards a tourist boat near Kinmen Island
Taiwan yesterday protested China’s boarding of a tourist boat, as tensions rise around the Kinmen archipelago, which lies a short distance off China’s coast but is ... -
Putin gave Kim a Russian-made car in a show of their special ties: Pyongyang
Russian President Vladimir Putin has gifted North Korean leader Kim Jong Un a Russian-made car for his personal use in a demonstration of their special relationship, ... -
Doctors walk out to protest gov’t policy, causing many surgery cancellations
South Korean trainee doctors collectively walked off their jobs yesterday to escalate their protest of a government medical policy, triggering cancellations of surgeries and other medical ... -
Israel orders new evacuations in northern Gaza, where UN says one in six children are malnourished
Israel ordered new evacuations from parts of Gaza City yesterday, as a study led by the U.N. children’s agency found that one in six children are ... -
1972 Nixon makes historic visit to China
The American President Richard Nixon has arrived in China at the start of a week-long summit aimed at ending 20 years of frosty relations between the ... -
Welcome to the ‘Hotel California’ case: The trial over handwritten lyrics to an Eagles classic
In the mid-1970s, the Eagles were working on a spooky, cryptic new song. On a lined yellow pad, Don Henley, with input from band co-founder Glenn ... -
After fallout in China, Messi insists politics not reason for missing game in Hong Kong
Lionel Messi made another conciliatory gesture to fans in Hong Kong and mainland China this week by releasing a video on social media to explain why ... -
Founder of Japanese dollar-store chain Daiso dies at 80
Hirotake Yano, who founded the retail chain Daiso known for its 100-yen shops, Japan’s equivalent of the dollar store, has died. He was 80. Yano died ... -
Capital One to buy Discover for $35 billion in deal combining major US credit card companies
Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card ... -
Tribal bloodshed shines spotlight on instability in Papua N. Guinea
A tribal clash in Papua New Guinea’s remote highlands in which at least 26 people were killed has put a growing internal security problem under the ... -
Wednesday, February 21, 2024 – edition no. 4428
* Out of rich — Business in non-tourist areas far from recovered, says lawmaker Chan Chak Mo * Real estate | 2023 was the worst year ... -
Macau to rent land for LRT expansion
The Macau government will rent land from the Central government around the Border Gate to expand the Light Rapid Transit (LRT) project into this part of ... -
Overseas spending of Alipay users surpasses 2019 figures
The Year of the Dragon started strong as preliminary data from Alipay shows the number of outbound spending transactions by Alipay users during the 2024 Spring ... -
Macau wraps up with 1.5 million visitors in 10-day CNY
Following a 10-day Spring Festival (CNY) Golden Week that included the Lunar New Year’s Eve and the Sunday after the Golden Week, the earlier forecast by ... -
Outer Harbour Terminal tender launched
The government is launching a new public tender for the operation of the Outer Harbour Ferry Terminal, an order from the Chief Executive (CE) published in ... -
Bill proposes up to five years imprisonment for illegal betting-related loans
The government has drafted bill that proposes a jail term of between one and five years for individuals involved in illegal gambling loans within casino premises. ... -
Dubai airport had 86.9 million passengers last year in a post-pandemic surge
The number of passengers flying through Dubai International Airport, the world’s busiest for international travel, surged last year beyond its total for 2019 — just before ... -
IFTM to become Macau University of Tourism by Apr. 1
On April 1, the Macau Institute for Tourism Studies (IFTM) will undergo a name and status change and officially become the Macau University of Tourism. The ... -
January gaming tax up 365% y-o-y
In January, gaming operators in Macau paid MOP7.34 billion in gaming tax, marking a remarkable 365% increase compared to the same month in 2023. According to ... -
Catholic procession marks start of Lent
The annual event of a statue of Jesus Christ being carried across Macau’s historic heart to mark Lent, a period of 40 days that leads up ...
