Advertising revenue down 30 percent

Advertising companies report that revenue has dropped nearly 30 percent from last year. This has been primarily attributed to the economic slump.  The industry also says the government has tightened the enforcement of a ban on gaming advertisements. Analysts interviewed by TDM linked Macau’s gaming revenue slump to external factors, primary of which is Mainland China’s crackdown on corruption and illegal money flows. With reduced demand from companies, advertising firms have recently been forced to cut their prices by 15 to 20 percent.

Local orchestra performs with Boris Berezovsky

The Macau Orchestra has collaborated with Russian pianist Boris Berezovsky as part of concerts recently held in Guangzhou and Macau. The local orchestra has been collaborating with the Guangzhou Opera House in a number of concerts since 2011. This time, Boris Berezovsky and a widely acclaimed German conductor, Andreas Delfs, were invited to participate in the concert, which presented a number of classical masterpieces to the public.

New Macau Bangkok flight has not ‘materialized’

Thai carrier Siam Air Transport has scheduled the commencement of two new international routes from Bangkok Don Mueang airport to Macau and Singapore, according to a report issued by Routes Online, an aviation route analyst and media company. The report says that, based on the schedule listing in the global distribution system, the airline was scheduled to launch the service on December 15, but the flights have not “materialized.” Meanwhile, Siam Air Transport is scheduled to commence its Singapore route from January 1, 2016, which, like the Macau service, will ferry passengers on the company’s new Boeing 737 aircraft.