Gaming | HSBC says Macau revenues could exceed MOP23.5b

According to HSBC’s preliminary estimates for December, Macau’s gross gaming revenue (GGR) could reach MOP23.5 billion, rounding out the year for a take of about

ExCo | Maritime Areas Basic Law bans all gaming activities

Questioned on the topic, Leong reaffirmed, “there will be no exceptions .” Leong noted that although the law applies only for future developments to

Macau refuses entry to another Hong Kong politician

The vice chairman of political party Third Side, Caspar Wong, was denied entry to Macau, Hong Kong media reported. According to RTHK, Wong has demanded

Suspicious fire left two in severe condition

A fire outbreak, believed to be arson, occurred yesterday at a hardware store located on R. de Martinho Montenegro. The case was reported to the Fire Services

Gov’t announces 2017 recipients of decorations

The government announced the Decorations, Medals and Certificates of Merit awarded for 2017 by the MSAR yesterday, and they will be given to 42 individuals and

LRT budget ‘derailed’ again

The budget of the Macau Light Rail Transit (LRT) system has grown since the start of the building process. The latest amount for the costs of system operations and

IC’s new president | Cecilia Tse highlights administration transparency

The new president of the Cultural Affairs Bureau (IC), Cecilia Tse, took office yesterday, noting that one key element of her leadership will be the improvement

Transport union wants punishment for unruly employers

The Macao Federation of Transportation delivered a petition to Chief Executive Chui Sai On, calling for a firm stance from the government regarding the employment of non-local drivers. The

Association hopes for more FinTech seminars in the region

The E-commerce Association of Macau kicked off its first seminar on FinTech yesterday. It discussed the systematic advantage of using Macau as the service platform for China

Si Ka Lon calls for engineering supervision

Lawmaker Si Ka Lon has called on the government to review the supervision mechanism of its public projects. In a written inquiry to the government, Si said that

BestPay joins Macau’s online payment competition

BestPay, a wholly-owned subsidiary of China Telecom, has just signed an agreement with a local e-commerce platform to be able to provide services in

Ride-hailing | China’s Didi targets Taiwan expansion with franchising model

Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the

Social Media | Facebook under fire as German antitrust cops target ad model

Facebook Inc. is on a collision course with one of Europe’s most powerful regulators as Germany’s Federal Cartel Office attacked the way the social

Corporate Bits | Sands China hosts roadshows for SMES

As part of Sands China’s Local Small, Medium and Micro Suppliers Support Programme, two local SMEs contracted by Sands China are currently holding roadshows at the

Following Trump’s report, China urges US to accept its rise

The Chinese government yesterday criticized U.S. President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to accept China’s rise. Trump’s

Energy | China unveils plan for world’s biggest carbon-trading market

China unveiled its plan for a national carbon market, creating the world’s biggest trading system for the climate-warming emissions. The market will initially involve only the

Hong Kong malls people can’t avoid attract Goldman Sachs, Puma

Forget Gucci and Rolex. Grocery stores, hair salons and tutoring centers may have the brightest future for Hong Kong retail as high-end malls get squeezed by forces

World Bank sees growth moderating for next two years

China’s economic growth will moderate in the next two years as policies to reduce leverage gradually take hold, according to the World Bank. Growth in the world’s second largest

Indonesia | Landslide in sand quarry kills 8 workers

Disaster officials said eight people were found dead after being buried in a landslide Monday while excavating a sand pit on Indonesia’s main island of Java.

Anti-India rebels, woman killed during Kashmir fighting

A woman was killed during anti-India protests in disputed Kashmir yesterday following a gunbattle that killed two rebels, police and villagers said. Fighting erupted after Indian

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