Leong: No comments on ‘Panama Papers’ leaks

Macau’s Secretary for Economy and Finance, Lionel Leong, told reporters yesterday that the government needs more time and information before commenting on the so-called “Panama Papers” documents, which are believed

Gaming stocks rally short-lived says Deutsche analyst

As cited in Barron’s Asia, Deutsche Bank analyst Karen Tang cautioned that the Macau stock rally has already ended and that a hotel price war is in full swing. “We think

Environment | Missing ‘infrastructure’ and ‘collaboration’ to turn green into gold

The lack of environmental infrastructure as well as insufficient collaboration between private companies and the government, were two of the main points of a talk held during the Green Business

Statistics | Money supply retreated in February

According to statistics released yesterday by the Monetary Authority of Macau, the money supply in the territory retreated in the month of February. As total deposits increased at a faster

Hong Kong appoints new immigration director

Erick Tsang Kwok-wai has been appointed as the new Director of Immigration Department of Hong Kong, to be put into effect immediately. Tsang, 52, joined the Immigration Department as an

Tourism | Local travel agencies surprised by ‘elderly travelers fee’

Local travel agencies have expressed their lack of awareness of an “elderly fee” charged in some situations to aged applicants of package tours, according to interviews conducted yesterday by the

Ching Ming holiday visitors decrease 6.5 percent

During the three-day Ching Ming holiday, a total of 450,958 tourists entered Macau, a 6.5 percent decrease compared to the same period last year. According to the Public Security Police Force,

Nevada court hears Adelson’s defamation case

Nevada’s highest court is being asked if a political group defamed casino mogul Sheldon Adelson in 2012 with an Internet ad alleging that he used prostitution-tainted money from casinos in

The Buzz | ATM not crazy: April’s fooling around

As our readers might know by now, the news we published on the back page of our Friday edition (April 1, “ATM gone crazy, people pocket thousands”) follows a long-lasting

‘I was never under pressure from Ho Chio Meng,’ gaming regulator says

The current director of the Gaming Inspection and Coordination Bureau (DICJ), Paulo Martins Chan, has claimed during a Radio Macau interview that he “was never pressured to act in a

We correct

On March 31, in a feature article titled “Macau parents not likely to rally behind ban on tackling” (p5), MDT wrongly stated the affiliation of Dr Rui Furtado, a local

March gaming revenue drops more than expected to MOP18b

Macau’s casino revenue fell more than analysts’ estimates last month as mainland Chinese gamblers dissipated after February’s week-long Lunar New Year holiday. Gross gaming revenue decreased 16.3 percent to 18 billion

Education | Creative Industries Centre hopes to contribute to economic diversification

The Macau Polytechnic Institute inaugurated its Cultural and Creative Industries Teaching and Research Centre (CCITR) last Friday at a ceremony attended by a large number of high-ranking officials and field

Macau seeks business opportunities in Myanmar

The Macau Myanmar Friendship Association (MMFA) organized a business trip to Yangon and Bagan with the expectation of developing trade relations with the country, TDM reported. MMFA perceives Myanmar’s new government

Hao vs Adelson | Billions lawsuit against LVS to be trialed in Macau court

A Macau court has ruled that Asian American Entertainment Corporation (AAEC), a former business partner of Las Vegas Sands, can proceed with a lawsuit seeking billions of dollars in damages for breaking

Illegal tree-cutting in Seac Pai Van

According to an announcement made by the Civic and Municipal Affairs Bureau (IACM), on-duty IACM staff were the first to discover that the trees had been removed, leaving behind 20

Health | Experts declare ‘imperative need’ for infectious diseases building

There is an imperative need for a new infectious diseases facility,” according to a group of experts who were invited by the Health Bureau (SSM) to present opinions at a

Environment | ‘Don’t wait for the government,’ MIECF Green Forum entreaties

Don’t wait for the government” and “put yourselves to work” were two of the most frequently heard expressions during the opening session of the Green Business Co-operation Day of the

Ask the Vet | Caring for a Cat with Herpes Virus

The herpes cat virus causes flu-like symptoms. It’s only contagious to other domestic cats, but there›s no cure. If your cat contracts feline herpes virus, the most you can do is try to

Taiwanese businessman billions lawsuit against LVS is going to trial – Macau court

A Macau court has ruled that Asian American, a former business partner of Las Vegas Sands, can proceed with a lawsuit seeking billions of dollars in damages for breaking the terms of

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MACAU DAILY TIMES