IPIM approves 11 new temporary residency applications in H1

In the first half (H1) of the year, the Commerce and Investment Promotion Institute (IPIM) processed 68 applications for temporary residency under the investment program as

Analysts show cautious optimism for August casino revenues

Analysts expressed cautious optimism for August’s gross gaming revenues (GGR) after July’s figures fell short of expectations. The casino industry experienced a disappointing month

Gov’t accuses Taiwan’s Office of ‘defaming and distorting facts’ for political purposes

The government has responded to accusations from the Taipei Economic and Cultural Delegation that an official from the Office had seen a work visa being refused

Olympic Games a big draw for Chinese tourists

The Paris 2024 Olympic Games are definitely the main event attracting crowds of Chinese tourists who are flocking to France this summer, and the impact of this

Macau Daily Times hit by fake interview scam involving Lawrence Ho

The Macau Daily Times header was fraudulently used by hackers today (Friday) to attribute a fake interview to Lawrence Ho, CEO of Melco Resorts. Other outlets, namely NewsChannel and Bloomberg, also fell victim to this sham.

July revenue falls short of expectations amid China’s illegal money flow clampdown

The growth of gaming revenue continued to be lackluster in July, falling short of analysts’ projections despite the popular summer travel season. This could signal

MGM eyes Thailand casino development amid strong Q2 revenues

MGM China Holdings Limited has reported strong financial results for the second quarter of 2024, revealing a significant surge in net revenues as the company sets its sights

Pereira Coutinho against ‘mass tourism’

Lawmaker José Pereira Coutinho says many residents are concerned with the “mass tourism” over the past few months, calling on the government to rethink tourism promotion

BYD, Uber form partnership to deploy 100,000 EVs in EU and Latin America

The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin

Lawmakers veto ride hailing debate

Pro-government lawmakers have voted en bloc against two debate proposals submitted to the plenary of the Legislative Assembly (AL) by lawmaker Ron Lam. Lam was

36th Int’l Music Festival set to dazzle audiences with a lineup of 12 programs

The Cultural Affairs Bureau (IC) yesterday announced the program for the 36th Macao International Music Festival (MIMF), a hallmark event in the city’s cultural calendar.

Macau to capitalize on Thailand’s USD15b casino market

Macau is strategically positioning itself to capitalize on the potential opportunities arising from Thailand’s likely entry into the lucrative casino market, which is estimated to

First mainland travel permits issued to foreign residents

The first batch of mainland travel permits for non-Chinese permanent residents of Macau and Hong Kong has been officially issued. This marks a

Guangdong to issue RMB2.5b in offshore bonds in Macau

In a move to further integrate the Guangdong-Hong Kong-Macau Greater Bay Area, Guangdong’s Department of Finance plans to issue offshore yuan-denominated bonds worth up to 2.5

Hamas leader Haniyeh killed in Iran by an alleged Israeli strike

Hamas leader Ismail Haniyeh was killed by a predawn airstrike in the Iranian capital yesterday, Iran and the militant group said, blaming Israel for a shock assassination

Flexing femininity: The rising power of female bodybuilding

In recent years, the bodybuilding scene in Macau has gained serious momentum, particularly among women who are redefining strength and fitness. Athletes such as Coco Cheang, Iris

Survey indicates majority of residents perceives a lack of adequate sports facilities

A survey conducted by the Macau General Union of Neighbourhood Associations (UGAMM) has revealed that around 70% of respondents exercise regularly, indicating a relatively high level of physical activity among

50 seven-seater taxis take streets today

A total of 50 brand-new black taxis were introduced onto Macau’s streets yesterday, with the aim of enhancing transportation in the region. The individual overseeing the initiative

Beijing grants tour groups registered in Macau, HK visa-free to Hainan

The National Immigration Administration announced yesterday that individuals from nations that maintain diplomatic relations with China are permitted to visit the southern island province of

Politburo vows to support consumers and improve confidence in its slowing economy

China’s powerful Politburo has endorsed the ruling Communist Party’s long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote

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