AMCM to prompt banks to offer transaction reassurance to credit cardholders

The Monetary Authority of Macao (AMCM) has pledged to prompt local financial institutions to reinforce verification measures for credit card transactions, to safeguard local customers’ entitlements. The AMCM’s announcement came in

Gaming | Deutsche Bank scales back city’s 2021 GGR forecast

  The Deutsche Bank Securities Inc has moderately rolled back its previous projection of Macau’s gross gaming revenue (GGR) for 2021 from USD26.60 billion to $26.35 billion. The latest adjustment made by

SJM to deliver ‘living subsidy’ to staff tomorrow

Macau’s gaming operator Sociedade de Jogos de Macau, S.A. (SJM) has affirmed its commitment to deliver two bonuses as part of the casino industry’s customary annual stipend, also dubbed the

Beauty products lead the increases on imports in November 2020

Beauty, cosmetic and skincare products category led the hike in imports to the MSAR by 57% from the figure registered in November last year. The personal care products were accountable for

Gaming | Experts hold mixed views on GGR prospects following revenue of MOP7.8b in December

Macau’s gross gaming revenue (GGR) declined by 65.8% to MOP7.82 billion in December 2020 year-on-year, according to figures released last Friday by the Gaming Inspection and Coordination Bureau (DICJ). Even though the city’s

Zhuhai PLA commences multifaceted national defense education campaign

  The Zhuhai Base of the Macau Garrison of the People’s Liberation Army (PLA) has revealed that it will commence a population-wide education campaign about national defense and is actively involved

CE: Socioeconomic stability maintained despite Covid-19 crisis

Chief Executive (CE) Ho Iat Seng said that Macau has maintained its socioeconomic stability, despite the arduousness of the year due to the impact of the Covid-19 pandemic on the

At least 36 residents affected by Taiwan’s passenger transit ban

At least 36 local residents have been reportedly affected by the decision of the Taiwanese authorities to ban transiting passengers from the island’s airports enforced from January 1, the Tourism

Case of Covid-19 variant recorded in Guangdong

An imported case of a Covid-19 mutation has been recorded in Guangdong Province recently, according to state media Xinhua News Agency. The individual concerned is an 18-year-old Chinese national who studies

Tourism | MGTO continues to promote wedding travel to lure mainland newlyweds

The Macao Government Tourism Office (MGTO) will continue to promote wedding travel to enhance the city’s glamour and broaden visitor sources, despite the fact that this travel type has not

Average tourist arrival numbers recorded during New Year period

Tourist arrivals in the Macau SAR stood at some 39,000 on the first two days of the year, with the majority arriving on January 1. Macau saw 22,000 visitors on the

Tourism board’s promotional week in Shanghai postponed

The “Macao Week in Shanghai” has been postponed due to Covid-19 outbreak prevention measures, the Macao Government Tourism Office (MGTO) said in a statement after receiving a notice from the

Iconic egg tart maker awarded MBE

Eileen Stow, the current owner of the bakery that makes globally-renowned Macanese custard tarts, has been awarded a Member of the Order of the British Empire (MBE) in The Queen’s

Gastronomy | Tourism board to submit report to UN by mid-2021

After being listed as a Creative City of Gastronomy for four years, the Macau SAR is required to submit a quadrennial conclusive report to UNESCO by mid-2021, Maria Helena de

Local Michelin stars to be unveiled virtually on Jan. 27

The most prestigious awards for the restaurant industry in Hong Kong and Macau – Michelin Stars – will be unveiled virtually for the first time in a digitally-held ceremony scheduled

Casinos end their worst year with little sign of recovery

Macau casinos ended their worst year on record with little sign of progress in a recovery, though hopes remain for a rebound in the world’s largest gambling hub later in

More arrivals expected from mainland China during New Year, CNY holiday

Macau is likely to welcome a further surge in arrivals into the city from mainland China during the New Year holiday, according to the latest travel

Taiwan’s stricter travel restrictions portend worsened Macau’s connectivity

Taiwan’s Central Epidemic Command Center (CECC) announced yesterday that the destination will ban all foreign arrivals, with just a few exceptions, effective from January 1, 2021. 

Bidding 2020 adieu

The year 2020 will be sent off a bit differently without the usual fireworks that the city hosts due to the current Covid-19 pandemic, and with

Property | Centaline anticipates 50% growth in residential sales next year

Centaline Property (Macau) has anticipated that the housing market in Macau in 2021 will perform far better than this year, expecting residential sales to grow by

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