HK Observer: Basel dazzle

Regardless of widespread pessimism about the future of the core aspects of the local economy, there is no doubt that the vibrant health of the territory has given it a

Thursday, March 19, 2015 – edition no. 2273

* Electricity tariffs expected to be stable or to decrease this year * Business leaders urged to help curb human trafficking * MAM strengthens art promotion activities * Echo Chan sworn in as

The Buzz | EU police group launches team to tackle migrant smugglers

The European Union police agency has launched a new team to crack down on organized crime gangs that smuggle tens of thousands of migrants across the Mediterranean from North Africa to

World briefs

CHINA A Malaysian robbery suspect was captured 22 minutes after he grabbed watches from a downtown Beijing luxury store while carrying a black toy gun, police said yesterday. Moi Kit

No ordinary job seeker: Prince Harry looking for work

Prince Harry is looking for work — but don’t expect him to be sending out invitations to connect on LinkedIn. No one is likely to keep the fourth in line for

AL likely to pass bill on minimum wage by year-end

Lawmakers are likely to pass the second reading of the minimum wage bill toward the end of this year, according to the Legislative Assembly (AL) president Ho Iat Seng. Speaking

Paul Pun welcomes old age pension increase

The Standing Committee for Coordination of Social Affairs announced on Monday that it is discussing the increase of elderly and invalidity pensions. Both pensions will increase from MOP3,180 to MOP3,350

Air Macau shifting business model

Local airline Air Macau is shifting its business focus from Chinese gaming visitors to the local market and nearby travellers.  It will therefore develop regional routes to some Asian destinations

Two tragic car accidents in a row raise public concern

It was believed that the construction of the light railway transit and Taipa ferry terminal were behind both appalling accidents, which claimed a total of three lives this month. Most

Education | UM organizes largest career fair in its history

According to a press release issued by UM, the event includes more than 100 companies, offering over 5,000 jobs in more than 20 industries to over 1,300 graduating UM students. The

Old campus sports complex open to public

According to a press release issued by the board, citizens can choose to either pre-book or register on-site to use the four sports facilities, whose opening hours start from 7am

DSAT looking for new head as Wong Wan quits

The Secretary for Transport and Public Works, Raimundo do Rosário, yesterday confirmed that Mr Wong Wan will be leaving his post as head of the Transport Bureau (DSAT). The Secretary

Management of coastal waters crucial to development, scholars say

The Macau University of Science and Technology (MUST) held a symposium yesterday exploring the link between Macau’s maritime management and the city’s sustainable development. During Xi Jinping’s visit to the city

Gaming | At least 35 pct drop expected in March

Local casinos are expected to close in March with a year-on-year revenue drop of at least 35 percent, with one gaming operator even expecting a fall of over 40 percent. However,

Melco drops as Morgan Stanley lowers to hold on gaming outlook

Melco Crown Entertainment Ltd. fell for the first time in three days in New York as Morgan Stanley cut the Macau casino operator to hold, saying revenue will probably keep

Razon to buy Korean island in casino push

Philippine billionaire Enrique Razon will buy an island in South Korea to develop a leisure and tourism complex, as he taps the country’s growth in gambling on rising tourist arrivals

Elaine Wynn campaigns for board seat by touting independence

“No one at the company, other than our chairman and CEO, is more knowledgeable about its history, its operations, its customers or its award-winning staff,” she said in a letter

Hitler’s 1936 Olympic site reborn as homes on Berlin’s edge

Once home to track stars and Soviet soldiers, buildings constructed for the 1936 Olympics on the outskirts of Berlin are getting a third lease on life as housing for average

Corporate Bits | ‘Eggs-tra’ special Easter at Fado

The Easter menu offers a choice of 6 dishes, from appetizers, main courses to desserts. First up is Poached egg over an Easter nest with chorizo and green pea cream

Brazil plans to install cotton research centers in Mozambique

A team of researchers from Brazil has been in Tete and Manica in central Mozambique since last week to assess the possibility of installing two experimental cotton research units, reported

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