Monday, June 22, 2015 – edition no. 2339

* Caritas expat helpline opens, more volunteers needed * Zonta club inaugurated * Prosecutors seek to indict Bank of China * Indonesian and Chinese teams dominate   DOWNLOAD PDF   * Greece - Dispatches from the brink DOWNLOAD

The Buzz | Puerto Rico looks to slot machines for cash

Facing a cash crisis, Puerto Rico is turning to desperate measures to pay the bills: It’s delaying tax refunds, borrowing from its insurance company and may even legalize the black-market

Climate Change | Pope urges revolution to save Earth, fix ‘perverse’ economy

In a sweeping environmental manifesto aimed at spurring concrete action, Pope Francis called yesterday for a bold cultural revolution to correct what he described as a “structurally perverse” economic system where the

World Briefs

CHINA’s Qihoo 360 Technology Co. Ltd., a provider of internet security products and popular mobile browser, has received a USD9.1 billion offer from a group led by its chief executive

ARTS | ‘Saudade’ exhibition kicks off at MGM

Featuring a collection of 40 artworks created by 12 local Portuguese artists, the “Saudade” Art Exhibition was unveiled at MGM Macau on Wednesday evening, as a tribute to Portugal’s National

Families urged to join energy-saving lucky draw

The Office for the Development of the Energy Sector (GDSE) has jointly launched a lucky draw activity with the CEM and the Macao General Union of Neighborhood Associations (known has

‘Economy diversification opens more opportunities for UK companies’

UK Trade and Investment (UKTI) has initiated another trade mission to Macau and Hong Kong as it aims to encourage more UK companies to forge business relations here. UKTI Hong

Macanese youth meeting begins

Today the youths will visit the Chinese city of Zhongshan to learn more about their Chinese roots. Some of the participants told the Times that they are eager to start the

Incubation center established to promote youth entrepreneurship

Aiming to encourage local youths to look beyond conventional career options, the government inaugrated a Youth Entrepreneurship Incubation Center at the Macao Trade and Investment Promotion Institute (IPIM)’s Business Support

Casino revenue may fall to lowest level in 5 years

Macau’s gaming revenue could drop to about 16 billion patacas (USD2 billion) in June, a government official said, marking the lowest in five years. The Macau government may need to control

Cash handout available from July 6

Both temporary and permanent residents of Macau will be receiving government cash handouts starting July 6 and ending September 18, as the Executive Council (ExCo) has given its green light

Rosário to explain 16 idle land plots’ exclusion

Chief Executive Chui Sai On has clarified that the exclusion of 16 idle land plots from the government’s recovery list completely followed legal and administrative procedures. This suggests that the

Kerkorian’s final interview: A storied dealmaker with no regrets

Kirk Kerkorian rarely gave interviews over the course of his remarkable 98 years, but in 2011 he agreed to sit for questions from two Bloomberg News reporters. It turned out to

Corporate Bits | Newsweek ranks sands china among world’s top green companies

Sands China is ranked 99th globally, and is the only Macau company represented in this year’s Newsweek Green Rankings. Sands China placed second globally in the list’s Hotels, Restaurants &

Real Estate Matters | The top 25 questions we are asked about Macau property – Part 3 of 5

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

Hopes low over Greece bailout as officials prepare to meet

Optimism was in short supply over the prospects of a deal yesterday that might prevent Greece’s bankruptcy, as officials gathered for a keenly awaited eurozone finance meeting. With Greece fast approaching a potential default

Shorn or hairy: Female underarms having a mainstream moment 

On social media and red carpets, from New York to China, hairy underarms are having a mainstream moment. Women are proudly showing off their growth on Instagram and YouTube, and it’s

Hong Kong | Lawmakers reject Beijing backed election plan

Hong Kong lawmakers defeated the government’s Beijing-backed election plan yesterday, vindicating pro-democracy activists who flooded the streets last year in protest but leaving the city’s long-term political future up in

FT: Circumcision device challenges mainland copycat image

China’s leaders have long lamented a perceived lack of innovation in the country but, according to the Financial Times, there is at least one area where Chinese companies have taken

Macau Conscience backs decision to veto reform package

Local pro-democracy organization Macau Conscience issued a statement yesterday expressing its support for the 27 pan-democratic Hong Kong lawmakers ahead of the historic vote at the Hong Kong legislative council

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