Economy | Gov’t not requesting IVS expansion, EIU predicts growth back in 2017

  The government is not seeking an increase in visitor arrivals from mainland China nor “actively requesting” the expansion of the Individual Visit Scheme (IVS) policy, the Chief Executive said yesterday. Speaking

Analysis | Macau warned as Chinese tycoons invest in Australia’s massive casino, local investors investigate

A new reality is facing the Macau gaming industry. Just as long-­awaited signs of market stabilization have appeared, the MSAR’s rivals have become increasingly willing to spend all it takes

More companies need to obtain international certification

The Macau Productivity and Technology Transfer Center (CPTTM) conducted an information session yesterday, during which the center introduced the concept of international management quality certifications, the testing of support services

Government is assessing the calculation of land premium

The Chief Executive, Chui Sai On, said yesterday that the Land Law in force since March 2014 is currently under review as part of efforts to better calculate land premium

TSI confirms legality of pediatrician’s termination

A judgment from the Court of Second Instance (TSI) supported a Secretary’s decision to fire a pediatrician who previously worked in the Macau Public Hospital and was accused of poor

Briefs | Fewer new voters registered for the fourth time

Data from the Public Administration and Civil Service Bureau (SAFP) shows that the number of new voters registered last year decreased, thus continuing the trend recorded in the last four

Delegation visits Macau-funded projects in wake of quake

The trip was also intended to act as a broader cultural, educational, sporting and charitable mission, a statement from the organizers read. Led by Pou Yee Ieong, the delegation was comprised

‘Bus only’ lane between Barra and Lam Mau dock gets green light

A “Bus only” lane connecting the Barra area to Lam Mau dock will be put into effect in a trial period soon, according to the president of the Specialized Group

Fines, license suspensions and undercover agents proposed to improve taxi service

    A commitment to heavier fines that can result in temporary or permanent taxi license suspensions was one of the main outcomes from the third meeting of the Traffic Advisory Board

Banking | Novo Banco on the hunt for cornerstone investors

Portugal’s Novo Banco is planning to meet investors in the US and UK as early as next month to discuss a potential share sale, joining a growing list of southern

Japan’s Abe says no plans to postpone consumption tax hike

Japanese Prime Minister Shinzo Abe said yesterday that he has no plans to nix a consumption tax hike planned for next year, denying speculation that it will be postponed amid

Poker | Amaya CEO takes leave amid insider trading investigation

Amaya Inc. Chairman and CEO David Baazov is taking a leave of absence from the online poker company that operates sites such as PokerStars and Full Tilt as he faces

Trade | African countries should diversify exports to adapt to changes in China

The ongoing changes in China’s economy may be an opportunity for African countries that now mainly export raw materials and oil, to adapt and diversify exports and move up the

Beijing considers tightening control over Internet websites

  China’s government is moving to tighten its grip over the Internet as it rolls out draft rules that will effectively ban Web domains not approved by local authorities, including possibly

Health | WHO urges more oversight in wake of vaccine scandal

China must exert stronger oversight over vaccines sold on the private market in the wake of a developing scandal involving expired or improperly stored vaccines, the World Health Organization said

AP investigation | Mattel fought elusive cyber-thieves to get USD3m out of China

The email seemed unremarkable: a routine request by Mattel Inc.’s chief executive for a new vendor payment to China. It was well-timed, arriving on Thursday, April 30, during a tumultuous period

Taiwan | Police officer stabbed day after girl decapitated

A transit police officer was stabbed in the head yesterday, one day after a young girl was decapitated in apparently random knife attacks in Taiwan’s capital. The officer attacked at the

A look at where journalists face renewed pressure

  In many countries across Asia, governments are growing less tolerant of critical reporting, even arresting journalists and closing media outlets in some cases. In China, authorities recently removed an online

Obama meets leaders as Asia tensions rise

  President Barack Obama will be meeting with Asian leaders in Washington this week as fears grow that long-smoldering tensions on the Korean Peninsula and in the South China Sea risk

Indonesia says 10 citizens held hostage

Indonesia said yesterday that 10 of its citizens are being held hostage in the Philippines after their ship was hijacked in the often-insecure border region between the two countries. The Foreign

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