Author: Nadia Shaw, MDT
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HSBC Q1 earnings miss on higher credit losses
HSBC Holdings reported a first-quarter pre-tax profit of USD9.4 billion on Tuesday, falling short of analyst expectations as the bank grappled with unexpected credit charges linked ... -
Melco beats revenue forecasts in Q1 2026, misses EPS
Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) recently reported its first quarter 2026 results, posting revenue that exceeded analyst expectations while earnings per share (EPS) fell ... -
Casino growth expected to strengthen in May after April miss
Macau’s casino industry is expected to post stronger growth in May after April’s gross gaming revenue came in below forecasts, according to Seaport Research Partners. April GGR ... -
ZAPE vegetarian food festival opens for holiday
Two community tourism events backed by the Macau Government Tourism Office (MGTO) will run during the five-day Labor Day holiday. Organizers said the Food Culture Festival, ... -
MGM China posts revenue gain amid profit dip in Q1 2026
MGM China Holdings Ltd. reported a 10% year-on-year increase in net revenues for the first quarter of 2026, reaching USD1.1 billion (HKD8.8 billion), even as profitability ... -
Sands China unveils upgraded revitalization program for historic street
Sands China Ltd. launched its Community Revitalization Program 2.0 for Rua das Estalagens on Wednesday at a press conference at the Londoner Macao, where the company ... -
China posts 5% GDP growth as industrial profits jump, driven by AI and Greater Bay manufacturing strength
Analysis China’s industrial profits surged 15.5% in the first quarter of 2026, the strongest growth in nearly a decade despite Middle East-driven oil price spikes, according ... -
DSEDJ to host series of events for May 4
The Education and Youth Development Bureau (DSEDJ), partnering with the May Fourth Youth Day Commemoration Organizing Committee, unveiled a comprehensive lineup of activities Tuesday to mark ... -
Ella Lei calls for transport hub to ease Taipa Village congestion
With tourist crowds overwhelming Taipa Village’s narrow roads, lawmaker Ella Lei has urged authorities to convert idle land into a transport hub and revive the Iec ... -
CE secures EU, Belgian pledges on trade, tech, and economy
Chief Executive Sam Hou Fai secured a series of cooperation pledges in trade, technology, and economic development during high-level meetings with European Union and Belgian officials ... -
Sands China’s reinvestment strategy may keep EBITDA margins under pressure, CreditSights warns
Sands China EBITDA margins will likely trend lower in 2026 as the casino operator ramps up its player reinvestment strategy to chase market share in Macau’s ... -
MGM Macau spotlights Fantasy Box at annual events open house
As demand rises for tech-savvy, flexible spaces for weddings, corporate gatherings, and celebrations, MGM Macau showcased its upgraded meetings, incentives, conferences, and exhibitions (MICE) venues last ... -
LVS beats Q1 forecasts, targets USD700 million Macau EBITDA
Las Vegas Sands Corp. (LVS) showcased strong first-quarter 2026 results, fueled by robust growth in its Macau and Singapore operations. The casino operator reported revenue of ... -
Gov’t launches 2026 Reading Week with expanded cultural activities across the city
The Cultural Affairs Bureau (IC) launched “Macao Just Read – National Reading Campaign Week 2026” on Thursday, promoting 10 minutes of daily reading through more than ... -
Authorities launch ‘tourism and leisure’ shuttle bus to boost community economies
The local government, in partnership with the six major integrated resorts and leisure enterprises, unveiled the “Tourism and ‘Leisure’ Buses” exploration program on Wednesday to drive ... -
Seaport flags record mass revenue in Macau, warns of 2026 deceleration
Macau’s casinos posted the strongest mass-market gross gaming revenue (GGR) growth in the first quarter of 2026 since the third quarter of 2024, though industry margins ... -
China’s industrial economy up 6.1% in Q1
China’s industrial and IT economy surged ahead in the first quarter of 2026, with added value from industries above designated size climbing 6.1% year-on-year. Vice Minister ... -
Citi: Wynn Macau sees sharp gains in April
Wynn Macau Ltd. emerged as the top gainer in Citigroup’s latest monthly survey of premium mass table betting in Macau, capturing a 23% market share, up ... -
Experts advise planning for death amid push for ‘green burials’
Experts have urged stronger public education on end-of-life planning and wider consideration of green burial options, as Macau faces increasing pressure on land use and evolving ... -
MGM executives hold high-level Beijing talks on tourism
Bill Hornbuckle, chief executive and president of MGM Resorts International, and other senior MGM China executives recently met with China’s Vice Premier He Lifeng, alongside Xu ... -
CE to promote Macau’s ‘One country, two systems’ model during Europe tour
Chief Executive (CE) Sam Hou Fai intends to use his first major overseas trip since taking office to assert that Macau, a former Portuguese colony, will ... -
Gov’t cloud systems repel four million monthly cyberattacks
As Macau accelerates its adoption of artificial intelligence (AI) to modernize public administration, authorities have revealed that the government’s cloud computing centre blocks, on average, more ... -
CE to promote Macau’s ‘One country, two systems’ model during Europe tour
Chief Executive (CE) Sam Hou Fai intends to use his first major overseas trip since taking office to assert that Macau, a former Portuguese colony, will ... -
Workers prioritize mental health, career growth over pay, survey finds
As workplace stress continues to surge, Macau employees are placing psychological resilience and professional development ahead of salary raises, a recent survey conducted by the Macau ... -
SSM preps for peak mosquito season
As the territory enters its peak mosquito season, the risk of individual cases or community outbreaks from Aedes albopictus mosquitoes, which transmit diseases like dengue, will ... -
Can we buy cultural cool?
Hong Kong’s “Super March” bundles Art Basel, Art Central, Art Hong Kong and West Kowloon District exhibitions into a high-octane art blitz. This year, Art Basel ... -
Child sex assault probe exposes MOP860,000 medical sham
A traditional Chinese medicine practitioner in Macau faces child sexual assault charges after allegedly providing improper treatment to a minor patient during a clinic visit. The ... -
Hengqin launches elite talent policy drive for GBA growth
In a bid to build a Greater Bay Area talent hub, Hengqin announced subsidies Monday totaling millions for skilled workers and R&D platforms for seamless “Macau ... -
Analysts: EBITDA grows 7-8% in Q1 despite margin pressures
Macau’s casinos posted first-quarter EBITDA growth of 7% to 8% year-on-year, trailing the city’s 14.3% gross gaming revenue (GGR) surge due to unfavorable VIP-to-mass player mixes ... -
CGN launches nuclear safety campaign in Macau
China General Nuclear Power Group, the nation’s largest domestic nuclear power operator, launched its Nuclear Safety Publicity Campaign in Macau last week – marking the first ... -
Spain courts Asian tourists with expanded flights, culture and connectivity push
Spain is stepping up efforts to attract Chinese and Macanese travelers, highlighting expanded flight links, high-speed rail connectivity, and cultural and culinary offerings at a tourism ... -
Gov’t reports strong Q1 surge as arrivals surpass 10 million
Macau’s inbound tourism is seeing “steady and positive growth” in 2026, Secretary for Economy and Finance Anton Tai Kin Ip said Friday, announcing that first-quarter visitor ... -
Airport sees 15% passenger surge in Q1
The Macau International Airport (MIA) handled 2.1 million passengers in the first quarter (Q1) of 2026, up 15% from 1.83 million a year earlier, while aircraft ... -
MOP400M consumer rewards program rolls out today
To spur weekend shopping and support local businesses, the Macau government and Macao Chamber of Commerce kick off the “Grand Prize for Consumption in Community Zones ... -
CBRE: GGR forecast to exceed estimates on strong demand
Driven by resilient consumer demand and tourism investments, CBRE analysts say that Macau’s gross gaming revenue (GGR) is poised to exceed 2026 forecasts. The analysts predict ...
