Property prices holding stable

Real estate prices are rising in a stable manner, data released by the Statistics and Census Service (DSEC) shows. The administration released the city’s latest

Gaming | Moody’s bets concession renewals a near-certainty

Moody’s Investors Service says it expects Macau will renew or reissue the concessions for its six gaming operators after they expire in June 2022.

Authorities scouting Border Gate area for typhoon tourist shelter

The Public Security Police Force (PSP) and the Social Affairs Bureau (IAS) are looking for a place near the Border Gate to build an emergency

China targets Philippines in crackdown on offshore gambling

China is stepping up a crackdown on gambling activity by its citizens offshore, threatening what has become a lucrative industry for gaming operators in places like the

Gaming | Wynn VIP earnings fall despite 2nd quarter net profit growth

Wynn Macau recorded a significant 33.4% year- on-year fall in VIP income for the second quarter of this year, as presented in a financial report

Gaming regulator not moving to ban surveillance equipment

Macau’s Gaming Inspection and Coordination Bureau (DICJ) has confirmed to the Times that, contrary to recent media reports, it is not preparing a blanket ban on surveillance equipment inside

Briefs | Local karate athlete wins gold medal in China

Macau martial artist Ho Kai Pong won a gold medal in karate at the second National Youth Games in mainland China. The games are being held in Taiyuan,

Macau to host new seminary college for training regional priests

Macau is set to host a new seminary college starting September that will train priests from across Asia. According to the Vatican news agency, Agenzia Fides,

Government aware that suicide remains an issue

Secretary for Social Affairs and Culture Alexis Tam assured lawmakers on Tuesday that the government was working to prevent suicide, although he admitted that many cases

Forum | Macau professionals to visit Brazil in fourth quarter

Professionals from Macau are scheduled to visit Brazil in the fourth quarter of 2019 on an exchange with their Brazilian counterparts, including lawyers, the president of

Legislative Assembly | Lawmakers told to drop ‘contentious’ 60-billion fund still want to be heard

Discussion over the creation of an investment company, in which the government intends to inject a total of 60 billion patacas from the public reserves,

Gov’t says maternity leave will be extended gradually

The Macau SAR government has said that it will gradually lengthen paid maternity leave in the future, according to the Third Standing Committee of the

Plans for real-time monitoring at historic district

The Cultural Affairs Bureau (IC) aims to complete the draft of administrative regulations for property protection and the management plan for the historic district of Macau

TDM to broadcast evacuation notices in storm surges

The government has made an agreement with public broadcaster TDM to make storm surge evacuation announcements to affected populations. The service became available as of yesterday

Macao Foundation president uses website launch to praise city’s ‘social harmony’

The Macao Foundation (FM) yesterday officially launched a new website seeking to preserve and archive Macau’s local culture and history, which will show to the

MEMORY LANE

Captured from the military fort known as Fortaleza do Monte, these two photos show how the Ruins of St. Paul’s and the surrounding areas have changed over the past

Secretary Sonia Chan backed into corner over political reform

Secretary for Administration and Justice Sonia Chan appeared to back herself into a corner yesterday at the Legislative Assembly (AL), claiming that Macau would not advance

Gaming | South Shore discussing potential sale of subsidiary

An under-discussion transaction could lead South Shore Holdings to sell a 60% stake in one of its subsidiaries that owns The 13 Hotel in Cotai.

Gaming regulator clamps down on use of AI in casinos

Macau’s gaming watchdog has restricted the use of artificial intelligence tools that may help casino operators track gamblers likely to bet big, according to a report

MICE industry one of the fastest-growing sectors, says IPIM

Macau’s Meetings, Incentives, Conferences and Exhibitions (MICE) industry has been one of the fastest-growing emerging sectors in recent years, the Macao Trade and Investment Promotion Institute

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