Monday, January 19, 2015 – edition no. 2231

* A day of celebration for migrant communities * Sands China announces Edward Tracy retirement * Gaming operators to be reevaluated * Indonesia executes foreigners by firing squad   DOWNLOAD PDF     * Deflation isn't a bonus

Breaking news: Edward Tracy to retire from Sands China

  Sands China CEO and president Edward Tracy has announced his retirement today after almost five years running LVS' most lucrative gaming operation and amid Macau’s worst downturn on record. “Mr. Tracy

THE BUZZ: Mariah Carey is heading to Sin City

Caesars unit says it filed for bankruptcy to cut debt

A cash-strapped division of casino giant Caesars Entertainment Corp. said yesterday that it filed for bankruptcy protection in Chicago, hoping the court agrees to its plan to get out from

World briefs

CHINA Thirty-two officials in far-western China have been punished over alleged bribe-taking, nepotism or other wrongdoing in the choosing of people for over-subscribed Muslim pilgrimages to the holy city of

Tourism | Hospitality industry confident in CNY performance

  The vice president of the Macau Hoteliers and Innkeepers Association, Kenny Cheung, predicted that hotels in Macau will be catering mainly to independent tourists over the upcoming Chinese New Year

Petition condemning Fong Chi Keong’s speech launched

A group of local associations has launched a petition condemning directly appointed lawmaker Fong Chi Keong for his comments on domestic violence, made at the Legislative Assembly earlier this week. “I

Housing Bureau head says ‘everyone should have a roof over their head’

The new Housing Bureau (IH) director Ieong Kam Wa took office yesterday. He stated that the bureau now needs to focus on the follow-up of the three rounds of public

Gaming | CLSA predicts 22 pct GGR boost in 2016

  Credit Lyonnais Securities Asia’s (CLSA) regional head of consumer and gaming research Aaron Fischer says that 2015 will be another “tough year” for Macau, with the gross gaming revenue (GGR)

Portuguese scholars study impact of LRT and casino industry

Both projects are being undertaken by UC's Department of Architecture under the coordination of scholars Jorge Figueira and Nuno Grande. According to a press release issued by the UC (the oldest

New football season kicks off with fresh lineups

Last year’s champion club Benfica Macau presented its lineup for the new season yesterday, revealing that the team has been reinforced with more experienced players. The club’s director Duarte Alves

PSP warns taxi industry to behave

In a meeting with seven representatives from the local taxi industry on Wednesday, the head of the Public Security Police’s traffic department, Che Wai, has reiterated that the authorities are

BRIEFS: DSRT to study triple play licensing scheme

The inauguration ceremony for the Bureau of Telecommunications Regulation’s new director Hoi Chi Leong took place yesterday. He said that the bureau will study the licensing scheme for triple play,

RETAIL | Disappointing sales for Cartier in Macau

Richemont, the maker of Cartier jewelry, reported that third-quarter revenue growth stagnated for the first time in six years as protests in Hong Kong disrupted sales in the biggest market

World’s newest airliner begins first commercial flight

  The world’s newest jetliner, the Airbus A350, took to the skies yesterday carrying its first paying passengers from the Gulf Arab nation of Qatar. The Qatar Airways flight departed the Qatari

REAL ESTATE MATTERS: Clarifying Costs For Buyers – Part 2

Juliet Risdon is a Director of JML Property and a property investor. Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties for

PROJECT POKER: Me starring in a cartoon?

First of all, I don't like cartoons, comics, etc. I dreamed of princes sweeping me off my feet after reading comics when I was around 13 years old, but that's

Angola | Project built by Chinese company opens

The new plant for collection, treatment and distribution of drinking water, which cost USD45 million, has a capacity to pump 11 billion cubic meters of water a day and will

Cape Verde and Guinea-Bissau sign bilateral agreement

The governments of Cape Verde and Guinea-Bissau Wednesday in Praia signed a memorandum of understanding to strengthen bilateral relations in the reform of public administration, especially in the area of

Japanese cooperation agency in Angola

A delegation from the Japanese International Cooperation Agency (JICA) is in Luanda until today to assess the consolidation of investment projects and its support to Angola, according to an Angolan

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