Gaming | Investors see Macau’s 40 pct gaming revenue drop as good news

This is what passes for good news in Macau these days: the city’s drop in casino revenue is stabilizing at about 40 percent. Gross gambling revenue in the world’s largest gambling

Amended budget passes, lawmakers advocate ‘cautious spending’

The Legislative Assembly (AL) has approved amendments to this year’s budget, including a 22.4 percent decrease on the government’s foreseen revenue, which has been reviewed from MOP154 billion to MOP119

On the lawmakers’ agenda

HEALTH MATTERS Health is the population’s greatest concern, according to lawmaker Si Ka Lon. At yesterday’s plenary meeting, the lawmaker focused on the lack of human resources in the public

Young musicians’ contest applications open in mid April

MGTO to cooperate with Angolan counterparts

  The Macau Government Tourist Office (MGTO) inked a collaborative memorandum with Angola’s Ministry of Hotels and Tourism Office of International Exchanges yesterday, seeking to strengthen inter-cooperation in tourism affairs between

Beijing urges MSAR to join manhunt for corrupt officials

A leading Beijing official has urged Macau’s anti-graft agency, the Commission Against Corruption, to cooperate in the central government’s attempt to hunt down corrupt fugitives from mainland, South China Morning

Chengdu pandas arrive in May

After three months of deliberation, on Tuesday two giant pandas were selected as gifts from the central government to Macau. According to Xinhua, a female panda, numbered 667, and a male,

Gaming | Mongolia considering casinos to diversify economy from mining

Mongolia’s parliament is considering allowing casinos in the country to attract more tourists and reduce the economy’s dependence on mining revenue. Mongolia, which has a population of 3 million in an

Online retail | Why Amazon refuses to wear purple lanyards in Vegas

About 1,300 people from the online retail industry are in Las Vegas this week for the annual Catalyst Americas conference. Every attendee is sporting a name badge they were given

Corporate Bits: Galaxy donates mop100,000 to handicapped association

“The donation from GEG can help us further refine our facilities and subsidize some needy families. It fully demonstrated its adhesion to the philosophy ‘from the community, for the community’

Mozambique | Gov’t approves new minimum wages

The government of Mozambique has approved the new minimum wages to be paid by each sector and sub-sector of activity, with increases ranging from 4 to 13 percent coming into

Angola | 2,000 hotel rooms will be opened this year

By the end of 2015 Angola will have an additional 2,000 hotel rooms, said Tuesday in Luena, Moxico province, the State Secretary for Hotels and Tourism, Paulino Baptista Domingos, cited

Economy | Gloomy China, Japan data add to pressure for stimulus

China and Japan reported gloomy industrial data yesterday, adding to pressure on leaders of the world’s second- and third-largest economies to launch new stimulus. Two surveys showed Chinese manufacturing was weak

Minnesota professor accused of smuggling ivory to China

A China-born university philosophy professor was arrested yesterday (Macau Time) on charges of conspiring to smuggle rhinoceros horns and elephant ivory out of the United States and into China. Yiwei Zheng,

Vietnam | Thousands strike at Nike, Adidas shoe factory

Several thousand people at the Taiwanese-owned Pou Yuen factory in southern Ho Chi Minh City began the stoppage last Thursday. Pou Yuen Vietnam, which employs more than 80,000 workers, is

Thailand | Junta to replace martial law with absolute power

Thailand is about to lift martial law. But make no mistake — 10 months after staging a coup, a military junta is still ruling the country, essentially with absolute power,

The Invisible Man | Adoptee from South Korea faces deportation from US

More than three decades ago, a 3-year-old South Korean boy and his sister flew to the U.S. to become the adopted children of American citizens, but their life together didn't

South Korea | Man charged in knife attack on US envoy

South Korean prosecutors yesterday indicted a man who slashed the U.S. ambassador in Seoul last month on charges of attempted murder. Kim Ki-jong, 55, was also indicted on charges of assaulting

Aviation | Emirates, Etihad planes involved in air traffic scare

Jetliners from the United Arab Emirates' two main airlines avoided a possible mid-air collision after they got too close to each other over the Indian Ocean earlier this week. The incident

Germanwings tragedy | Lufthansa: Co-pilot disclosed earlier “severe depression”

Lufthansa knew that the co-pilot of the passenger plane that crashed in the French Alps last week had suffered from an episode of "severe depression" before he finished his flight

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MACAU DAILY TIMES