Monday, August 4, 2014 – edition no. 2121

* Casino revenue falls for second straight month * Capturing the beautiful faces * Crowded ending for Guangdong & Macau Fair * USJ appoints new deans   DOWNLOAD PDF     * The Brics bank is a glimpse

WORLD VIEWS: Portugal should allow BES to fail

Back in August 2008, as the credit crunch was really starting to bite, Tim Price, director of investments at PFP Wealth Management in London, had this to say: A banking

THE BUZZ: Packer said to seek Las Vegas return in Oaktree Deal

Billionaire Australian casino operator James Packer is in talks to develop a Las Vegas Strip resort on land once occupied by the New Frontier Hotel & Casino, according to people

MACAU | REPORT : Religious freedom is respected

The document, which the Times has accessed, shows that there were no reports of societal abuses or discrimination based on religious belief, affiliation or practice throughout 2013. In order to conduct

World briefs

CHINA Police in northeastern China said two people were killed and one injured yesterday in a pair of apparently related shooting incidents. The shootings in Lanxi county took place about

Survey says gaming service improved in Q2

The survey was launched by the Macau Gaming Research Association and was conducted by SGS Hong Kong Ltd. Representatives from eleven casinos belonging to the region’s six gaming operators joined the

Casinos tend to attract less the longer they operate

A scholar claims that Macau risks losing appeal due to its dependence on the gaming industry.  According to a survey cited by professor Zeng Zhonglu from Macao Polytechnic Institute (IPM)’s

Environmental impact of future Macau-Taipa passage under analysis

The Infrastructure Development Office (GDI) yesterday released a public notice for a consultation regarding the environmental impact on the ocean caused by the construction of the fourth Macau-Taipa passage and

Flyers and flags: The referendum campaign hits the streets

Jason Chao, president of the Open Macau Society, said yesterday in a press conference that organizers will move forward with the civil referendum, even though they have not been granted

CE election: Chui Sai On running uncontested

The Electoral Affairs Commission for the Chief Executive (CAECE) has confirmed that current Chief Executive Mr Chui Sai On is running for the upcoming election without any opponents. According to a

Gov’t says taxi policy to be revised

After attending the meeting of the AL Follow-up Committee for Public Administration, Lau Si Io addressed the media and revealed that the administration has decided to conduct an overall policy

Gary Ngai warns Macau is set to ‘become another small part of Zhuhai’

Gary Ngai suggested four steps for the region to truly transform itself into a platform that allows for “people-to-people connection” between China and Latin American countries. “Latin America, in the 21st

Latin American Cultural Festival continues until September

For example, one of the activities of the festival was a drawing competition with a Latin American-related theme for children. “We found that many kids do not know the countries well.

Briefs: Merchandise imports rise by 9pct

The total value of merchandise imports reached MOP6.93 billion in June, representing an increase of 9 percent year-on-year. Data collected by the Statistics and Census Service (DSEC) also showed that

Further slump in property transactions

Between January and June this year, a total of 4,256 residential property transactions took place. Amongst these transactions, 3,403 of the properties are in Macau, 698 in Taipa and 155

Cheung Kong’s profit rises 59 pct as home sales rebound

Cheung Kong Holdings Ltd., the property developer controlled by billionaire Li Ka-shing, said first-half profit gained 59 percent on a one-time gain and an increase in Hong Kong home sales. Net

REAL ESTATE MATTERS : One question on everyone’s mind; Are we in a property ‘Bubble’?

Having established the company in 1994, JML Property offers Investment Property & Homes. It specializes in managing properties for owners and investors, and providing attractive and comfortable homes for tenants.   The

PROJECT POKER: From piste to poker

For those who might not know me, I'm a 28-year-old cross-country skier. I've been skiing all my life, starting out not-so-good and eventually becoming quite successful, being part of the

Incheon culture hub bid buoyed by bond law change

Incheon, a port city west of Seoul that two years ago ran out of money to pay its workers, is using borrowed funds to transform into a modern cultural, sporting

Corporate Bits | Cuban Jazz legend Arturo Sandoval coming to the Venetian

only performance go on sale Friday, Aug. 1. Sandoval has been seen by millions at acclaimed awards shows, including the Oscars, Grammies, and the Billboard Music Awards, performing with international stars

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