AL plenary | Gov’t expects to spend more despite slumping income next year

The Legislative Assembly (AL) yesterday afternoon passed the government’s budget for the next fiscal year on the first reading. Lawmakers have raised eyebrows over the administration’s increased spending against the

Music | ‘Man of the Golden Flute’ to make local debut

James Galway, the master orchestral musician and solo flautist who has earned the title “The Man of the Golden Flute,” is scheduled to perform a recital at the Macau Cultural Center

MUST Dean chairs

Macau-Philippines medical partnership panels The Sino-Asia Pacific Medical Forum was established this week in Manila. Its envisaged purpose is to be a regional healthcare body which aims to tackle medical

Group retracts allegation Sands’ Adelson tolerated prostitution

The Campaign for Accountability, a group that accused casino billionaire Sheldon Adelson earlier this month of tolerating prostitution at his Las Vegas Sands Corp. empire, has retracted that allegation, saying

Training program attracts 35 gaming and hospitality executives

“Macau is showing large corrections in terms of economics, and some employees may not immediately react and adjust to the market changes,” said Jacky So, dean of the Faculty of

Chow Tai Fook rises after company declares surprise dividend

The stock climbed 6 percent to HKD6.23 by the close of trading yesterday in Hong Kong, the biggest advance since January 2014. The benchmark Hang Seng Index lost 0.4 percent. The company

Philippines to probe accidents involving Mitsubishi vehicles

The Trade Department formed a panel that will conduct the probe and recommend actions including a possible product recall or sales ban, if warranted, according to a copy of an

Corporate bits | Eco-friendly Christmas at Grand Hyatt Macau

hotel will see a collection of Christmas trees rising from the fountain at the entrance, inside the lobby and throughout the hotel. The ambience sets the scene for year-end celebrations,

Xiaomi’s USD45b valuation seen ‘unfeasible’ as growth cools

Now the high-flying smartphone maker is stumbling. Founder Lei Jun’s latest business, one of China’s most exciting startup stories of the past few years, is likely to miss its own

Hainan Airlines group becomes main shareholder of Brazilian carrier Azul

Chinese group HNA, the owner of Hainan Airlines, has established a strategic partnership with Brazilian carrier Azul by purchasing a stake of 23.7 percent for USD450 million, the group said

Mozambique purchase 200 buses from China’s Yutong

The government of Mozambique has bought 200 buses from Chinese company Yutong Bus Co. to improve the public transport network in the capital, Maputo and its outskirts, said the Permanent

Xi to give speech at opening of Paris climate conference

President Xi Jinping will speak at a key climate change conference in Paris later this month, before making state visits to South Africa and Zimbabwe, officials announced yesterday. Xi will also

Hong Kong | Vanishing mainland execs a vexatious mystery for HK market

The chairman of the Hong Kong arm of one of China’s biggest securities companies goes missing. The head of another firm resurfaces after months incommunicado. An executive at a film

Shareholders foil ‘Superman’ Li Ka-shing’s USD12.4b deal

Shareholders have foiled Hong Kong tycoon Li Ka-shing’s USD12.4 billion proposal to combine his infrastructure and utility companies, dealing a setback to the billionaire known as “Superman” for his business

Singapore to trump Hong Kong in millionaire growth

Singapore will outpace Hong Kong in growth in the ranks of millionaires over the next five years, with about one in 30 people qualifying as high net worth by 2020,

Myanmar | Search ends for victims of jade mining landslide

Police in northern Myanmar said yesterday they have ended efforts to find bodies in a jade mining landslide that killed more than 100 people and highlighted the perilous conditions created

Afghanistan | Doctors Without Borders hospital said to be misidentified before being bombed

The crew of a U.S. warplane that attacked a Doctors Without Borders hospital in northern Afghanistan last month, killing and wounding dozens of civilians, misidentified the target, believing it to

Indonesia | Authorities increase security after Islamist video calls for terror attack

Authorities increased security across Indonesia after a video appearing on social media threatened attacks against police and other targets, police and officials said yesterday. Security was raised at airports, the presidential

India | Soldiers kill 3 rebels who attack army camp in Kashmir

Three heavily armed rebels stormed an army camp in the Indian portion of Kashmir yesterday and were killed in a fierce gunbattle with soldiers, the army said. A civilian worker with

Briefs | Pakistan – Prison suspends execution of paraplegic inmate

A prison official says Pakistan has have suspended the execution of the only paraplegic inmate on death row. Ahmad Nadeem, the chief of the prison in eastern city of Faisalabad,

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