Gaming | Investors pinning recovery hope on second half of 2021: Bernstein

Investors in Macau’s casino stocks are eyeing a possible recovery in the second half of 2021, and a rebound in 2022, according to statement published yesterday by Sanford C. Bernstein

Panel: China, WHO should have acted quicker to stop pandemic

A panel of experts commissioned by the World Health Organization has criticized China and other countries for not moving to stem the initial outbreak of the coronavirus earlier and questioned

Associations urge the public to care about solitary senior citizens

The ongoing pandemic has been taxing on the mental health of local residents, especially senior citizens who live alone and have no one to talk to, according to the city’s

Covid-19 vaccines | Authorities working on distribution system

Government authorities are currently working on a platform that will ensure the fair distribution of Covid-19 vaccines as soon as they arrive in the region, Dr Alvis Lo, medical director

CCAC busts syndicate that defrauded banks through fake mortgage loans

The Commission Against Corruption (CCAC) has uncovered a case involving several bank workers who colluded with a crime syndicate to fraudulently obtain mortgage loans from banks amounting to MOP770 million,

Liaison official urges locals to guard against Covid-19 to stabilize economy

The central government’s top liaison official in the Macau Special Administrative Region urged those from all walks of life in Macau to do their best in the battle against Covid-19,

MGM, Wynn, Melco announce discretionary bonus to employees

Three gaming operators including MGM China, Wynn Macau and Melco Resorts & Entertainment yesterday announced that a discretionary bonus will be paid to eligible non-management team members. Traditionally, gaming operators offer

Economy grows in 2020 as rebound from virus gains

China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus

UM kicks off ruby jubilee celebration with Open Day

An official launch ceremony was held at the University of Macau yesterday to celebrate its 40th Anniversary in the presence of local and mainland government officials, university management, as well

Gov’t disproves US commission’s report citing lack of universal suffrage progression

The Macau government has condemned the findings in the 2020 U.S. Congressional-Executive Commission on China’s report which states that the SAR has not progressed toward universal suffrage. According to the government

MP acknowledges ‘problems’ with demolition works

The Public Prosecutions Office (MP) acknowledges problems and hassles resulting from the ongoing demolition works at the Office’s former facilities, located at the Dynasty Plaza building in NAPE. In a

Fringe Festival | A thirst for the mentally-challenged to be heard

On a Sunday afternoon, Tang Kuai Lan was kneeling on the floor. She was so absorbed in taking in new information on a newspaper and putting the gist — or

Gaming | Morgan Stanley projects casino EBITDA up to 140% in Q4 versus Q1

The casino industry’s earnings before interest, taxation, depreciation and amortization (EBITDA) in Macau in the fourth quarter (Q4) of 2020 is forecast to increase by a whopping 140% from the

5.92 million | 2020 visitor numbers show how city was hard hit by Covid-19

Macau tourist arrivals in 2020 plummeted to 5.92 million, a far cry from the visitor numbers in 2019, representing an 85% year-on-year decline. Last year, the city reached the officials’ expectations

Operators within airport encourage staff to be tested for Covid-19

Companies operating within the premises of the Macau International Airport (MIA) are encouraging their staff members to be tested or re-tested for Covid-19, the Times learned from a source within

Locals invited to pick ‘excellent services’ for new Macau award

A new award, named the Macau Service Excellence Award, will be given to celebrate local efforts for improvement amid the impact of the Covid-19 pandemic, and invites the local population

Covid-19 WHO team arrives in Wuhan to investigate pandemic origins

A global team of researchers arrived yesterday in the Chinese city where the coronavirus pandemic was first detected to conduct a politically sensitive investigation into its origins amid uncertainty about

USA | Trump impeached after Capitol riot in historic second charge

President Donald Trump was impeached by the U.S. House for a historic second time, charged with “incitement of insurrection” over the deadly mob siege of the U.S. Capitol in a

WHO team arrives in Wuhan to investigate pandemic origins

A global team of researchers arrived today (Thursday) in the Chinese city where the coronavirus pandemic was first detected to conduct a politically sensitive investigation into its origins amid uncertainty

Adelson’s empire passes to widow, lieutenant in charge

Robert Goldstein had just been offered a good job to run a casino in Atlantic City, New Jersey, when Sheldon Adelson called to pitch him on a new opportunity. Over Chinese

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