Evergrande ordered to liquidate after failing to restructure over $300 billion debt

A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed

Treasure Island Hotel officially opens with new retail brands

The YOHO Treasure Island Hotel has officially opened late last week, providing 600 rooms and multiple retail brands, following a number of delays. The

Hotel occupancy in 2023 grows to 81.5% amid surge in visitors arrivals

Hotel occupancy in 2023 went up by 43.1 percentage points year-on-year to 81.5% amid economic recovery following border reopening in January 2023. Data from

CE commends contribution of Macanese community in Macau’s socio-economic recovery

The Chief Executive Ho Iat Seng hoped that the Macanese community could “accurately grasp the development trajectory of our times, making full use of development

PSP plans to expand iris-facilitated border clearance

The Public Security Police Force (PSP) yesterday disclosed that iris-facilitated border facilities are planned for six major checkpoints. The six checkpoints will be the Hong

Heavy snow to hit Central, East China this week

China's meteorological authority yesterday warned of a large-scale and persistent heavy snowfall in the eastern and central regions of China, which might pose challenges for travelers

Gov’t says stadium tenant responsible for fixing pitch

The concert organizer who rented the Macao Stadium is responsible for returning the grass pitch to its previous conditions, the Sports Bureau (ID) has said.

Airline ramps up flights for Hong Kong, Macau as China braces for travel rush

Flag carrier Air China has ramped up its route capacity and services during the Jan. 26 to March 5 travel rush for Spring Festival. The

Ecology lobbyist opposes landfill off Coloane coast

A petition has been started by local environmental protection advocate Joe Chan against the government’s proposal to put a landfill off the southern coast of Coloane.

Another leakage fixing scam busted

Two men have been arrested for allegedly orchestrating fraudulent water leakage repair work to steal money, the Judiciary Police (PJ) has announced. It was

2023 unemployment rate slightly down amid recovery

The general unemployment rate and the unemployment rate of local residents in 2023 decreased by 1.0 and 1.4 percentage points year-on-year to 2.7% and 3.4%

Beijing doubles down on moves to mend its economy and fend off a financial crisis

China's leaders launched a barrage of new policies last week to prop up languishing financial markets and rekindle growth in the world’s second-largest economy. The

Producer ‘disappointed’ by IC’s abrupt cancellation of drag queen show

Sarah Sun, the producer of a Fringe show that has been cancelled at the last minute by the government, said she was “disappointed” about the decision.

Sands China appoints Grant Chum as new CEO, Wong as vice-chairman

The board of directors of Sands China Ltd. (SCL) has announced several key leadership reshuffles, including the appointment of Grant Chum as its new Chief Executive Officer

AL committee concludes its analysis of 2022 budget execution, ready to vote

The Second Standing Committee of the Legislative Assembly (AL) has concluded its analysis and discussions over the 2022 government budget execution bill, the committee president,

Galaxy partners with local vendors to launch CNY Market

Galaxy Entertainment Group (GEG) will host a Chinese New Year (CNY) Market at the East Square of the Galaxy Macau resort, the company announced yesterday

Asian shares mostly rise, led by gains in Chinese markets following policy moves

Asian shares were mostly higher yesterday, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets. Hong Kong rose

CC investigation finds immense price disparity in bakery products

During regular price investigations of various products, the Consumer Council (CC) inspectors identified significant imbalances in the price of bakery products across 75 bakeries in Macau.

Airport expects 20% up in passenger counts, flight movements y-o-y this year

Macau International Airport (MIA) management announced yesterday that it expects passenger volume and flight movements to increase by more than 20% year-over-year in 2024.

‘We Are Not Food’ by Justin Chiang continues on the path of preservation, over-consumption

Running until Saturday (Jan. 27), the solo exhibition “We Are Not Food” by Justin Chiang aims to raise continued awareness on nature preservation, over-consumption, and

MACAU DAILY TIMES