Corporate bits | Sands restaurants receive wine spectator awards

Six restaurants at Sands Resorts Cotai Strip Macao and Sands Macao have once again received recognition from U.S. lifestyle magazine Wine Spectator for their outstanding wine lists.
Portofino, North, Canton and Dynasty 8 at Sands Resorts, along with Golden Court at Sands Macao were awarded the ‘Best of Award of Excellence,’ while Sands Macao’s Copa Steakhouse received the Award of Excellence.
According to a statement from Sands China, it is the fifth consecutive year that Wine Spectator magazine has bestowed these awards upon the signature restaurants of Sands China.
The restaurant wine list award program has three distinct levels: Award of Excellence, Best of Award of Excellence, and Grand Award. Each level follows specific qualifications utilized by a multi-judge panel. The criteria range from quantitative measurements such as number of wines offered to the depth, range and display of the selection.

CEM’s q3 tariff one cent lower

According to the calculation under CEM’s concession contract, the 3rd quarter Tariff Clause Adjustment is calculated at 35 cents per kWh, 1 cent per kWh lower than the previous quarter.
CEM continues to offer subsidy to Tariff Group A customers, who accounted for over 99 percent of the company’s total customer base, a press release indicates.
The TCA will be reduced from the contractual calculated value of 35 cents to 34 cents per kWh, representing a reduction of 1 cent per kWh.
TCA for Tariff Group B, C and D customers will be at 35 cents per kWh, 1 cent per kWh lower than the previous quarter.
“CEM is committed to maintaining a stable tariff for Macau citizens. With the support of Macau SAR Government, CEM has been offering TCA subsidy to customers since 2008. In addition, the reduction of TCA in these two quarters benefited from the continued low international fuel prices,” the press release states.