Moody’s report | Gaming revenue decline is credit negative for rated operators

Moody’s Investors Service says that the continued decline in Macau gaming revenue - a result of China’s economic slowdown and the government’s anti-corruption campaign - is credit negative for rated

Paid paternity leave updated to int’l standards before year-end

Currently, the city’s Standing Committee for the Coordination of Social Affairs is discussing the revision of the “Labor Relations Law” to include a leave stipulation for fathers-to-be. However, discussion of

New media channel launched on public transport

TDM programs about Macau will be broadcast on public transport, after the public broadcaster yesterday signed off on a partnership with media company Long Han Television Broadcast Co. A new media

Statistics | 1,455 new companies recorded in Q1

A total of 1,455 new companies were created during the first quarter of 2015, an increase of 329 year-on-year, according to information from the Statistics and Census Service (DSEC). Analyzed by

Hollywood Roosevelt Hotel eyeing gambling area

“, we’ll reveal that later; we are now studying it. We also hope to develop in the direction towards a world center of tourism and leisure,” he said, responding to

Airport records movement growth in April

4,500, representing 6 pct and 6.5 pct increases respectively when compared to the same period last year. Among the three key regional market shares, the Taiwan market performed stably in April,

Education | IPOR launches phrasebook to mark 25th anniversary

The Portuguese Institute of the Orient (IPOR) launched a Portuguese-Chinese phrasebook to mark its 25th anniversary this week. The new phrasebook is mainly targeted at Chinese speakers who are looking

Briefs | Chiang Ngoc Vai to head DSAT

The Secretary for Transport and Public Works, Raimundo do Rosário, revealed yesterday that Chiang Ngoc Vai, currently serving as the Transport Bureau’s deputy director, will be heading the department after

Labor rights Court rejects appeal filed by company over employment certificate

The Court of Second Instance (TSI) has rejected an appeal filed by a local company over the issuing of work certificates to two former employees who had previously been summarily

Macau Foundation grants reach MOP266m in Q1

The Macau Foundation granted subsidies to individuals and private entities worth over MOP266 million throughout this year’s first quarter, according to yesterday’s Official Gazette (BO). This represents an increase of

Asians grab Van Gogh, Monet at Sotheby’s USD368m sale

The tally on Tuesday (yesterday in Macau) was the second highest for an Impressionist and modern art auction at Sotheby’s and a 67 percent increase from a similar sale last

Corporate Bits | Conrad Macao’s Bodhi SPA wins two awards

The World Luxury Spa Awards are held annually and give recognition and thanks to luxury spas around the world for their innovation, quality and service. Voting is based on service

Gasoline no longer subsidized in Angola

The sale of gasoline in Angola is now based on a free pricing system, putting an end to state subsidies, under the terms of a decree in which the Ministry

Portuguese company builds dam in Mozambique

The dam on the river Nhandare, in Mozambique, a facility designed initially to supply water to the town of Gorongosa, in Sofala province, is due to start operating in October,

Kate’s postnatal appearance triggers netizens’ health reflections

Photographs of Britain’s Catherine, Duchess of Cambridge, leaving hospital just hours after giving birth to a girl on Saturday, sparked debate online in China about “yuezi”, the 30 day postpartum

2nd Uber office under investigation

Chinese police have visited Uber offices in a second city in a widening investigation into the company’s operations in China. An official at Chengdu’s city transportation commission said the visit yesterday

Carnival raises mainland cruise bet with plan to add 5th ship

The Miami-based company said that the new Princess Cruises ship will be the first under the Princess brand to be based in China year round. It will also be the

Hong Kong | Bossini heiress Queenie Law kidnap suspect in court

A man has appeared in court in Hong Kong in connection with the kidnapping for ransom of a wealthy heiress, the BBC reported yesterday. According to the British broadcaster, Queenie Law,

HK chief executive visits Boston, exchanges views on IT sector

Hong Kong’s Chief Executive Leung Chun-ying began his official visit to Boston with tours to top-notch research institutions to see the latest innovation and technology developments in the United States,

Police fatally shoot man seeking aid for family

Police fatally shot a man in northern China who was on his way to Beijing to ask the central government to help house and take care of his children and elderly mother,

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