Economy | UM forecasts 13.6pct contraction in 2016

The University of Macau’s (UM) Department of Economics has forecast that Macau’s economy will contract by 13.6 percent this year, led by the continued slump in the gaming industry. According to

Briefs | Court bins Pearl Horizon appeal

With the cold weather remaining, three new cases of hypothermia appeared between 4 p.m. Monday and 4 p.m. yesterday. According to the Health Bureau, two of the victims received medical

Portuguese restaurant opens in Old Taipa

Portuguese dining establishments currently have good momentum in Macau, according to restaurateur Fernando Marques, who opened a new space in Old Taipa yesterday. Restaurant “Toca” (translated to English, “den”) is the

Festive season celebrated with special menus

To celebrate these two big highlights of the current month, the Sands Resorts Cotai Strip Macau has created two brand new menus, tailored to each of the occasions. To begin the

Transport statistics | Number of new motor vehicles falls

According to statistics released yesterday by the Statistics and Census Service (DSEC), the total number of licensed motor vehicles reached 249,339 at the end of 2015, up by 3.8 percent

Briefs | 410,000 visitors cross Border Gate

More than 410,000 people crossed the Gongbei Port/Border Gate last Saturday, a week before the beginning of Chinese New Year. Customs officials said that the majority of visitors were mainland

Macau gears up for economic revamp

Macau is attempting to reinvent itself after an economic slump last year, but analysts have warned that it will not be an easy road ahead. Recently just 30 sq. km, Macau

Residents told future infectious diseases building is safe

The residents toured the temporary facilities together Health Bureau (SSM) officials. Tam and his entourage assured visitors that the building was safe. At a press conference after the visit, officials said

Gaming revenue falls 21.4 pct in lull ahead of CNY

Macau’s casino revenue fell 21.4 percent in January amid a lull before this month’s Lunar New Year holiday that’s traditionally a popular period for Chinese gamblers to visit the region. Gross

Macau ranks ninth freest economy in APAC region

The Heritage Foundation released yesterday its 2016 report on the Index of Economic Freedom, rating Macau’s economy as “mostly free” for the eighth consecutive year. The MSAR’s overall score of

MCDA enters new phase of childcare

Named “Reach for the Star Home,” the new headquarters will host a range of therapy, educational and support services. For MCDA coordinator Eliana Calderon, the new development represents “a big opportunity

‘Occupy’ supporter’s concerts canceled

Hong Kong singer Kay Tse announced that 10 of her concerts in mainland China had been canceled, resulting in losses of about HKD12 million. Anna Chan Ching-sum, convenor of the pro-establishment

Authorities urged to introduce waste recycling plan

Waste recycling and street parking were the themes of a lively debate during yesterday’s AL plenary meeting. Lawmaker Chan Hong urged authorities to introduce changes, while the Secretary for Transport and

AL Plenary | Secretary says gov’t intends to take back more land plots

Topics related to land management and public housing were the main focus of yesterday’s Legislative Assembly (AL) plenary meeting. Answering lawmakers enquiries, the Secretary for Transport and Public Works pledged

Ng will not follow Au Kam San

Ng Kuok Cheong will not follow in the footsteps of New Macau Association (ANM) founding member Au Kam San, who last week announced his intentions to leave the pro-democracy association.

Chinese tourism expanding in Australia

The number of Chinese tourists selecting Australia as their preferred travel destination is booming, as travelers look beyond nearby locations. A report conducted by broker CLSA forecasts an increase in the

Visitors to Thailand boosted by 16 percent

The number of Chinese tourists visiting Thailand is expected to increase by 16 percent compound annual growth in the next five years, despite the decelerating economy in China, according to

Education | Consul wants to bring more Indian students to Macau

Representatives of the Indian Consulate General have expressed their desire to encourage more Indian students to study in Macau, and that they are currently conducting talks with the University of

Macau gaming revenues continue to drop: down 21.4pct in Jan

Gaming revenues were down 21.4 per cent in January from a year earlier to MOP18.674 billion (USD2.33bn), Gaming Inspection and Coordination Bureau reported today (Monday) on its website. The market

Monetary Authority says economy to ‘adjust’ less in 2016

In its Monetary and Financial Stability Review, the Monetary Authority of Macau (AMCM) has stated that “Macau’s economy would continue to adjust in 2016 but the adjustment would be ‘obviously’

WP2Social Auto Publish Powered By : XYZScripts.com
MACAU DAILY TIMES