THE BUZZ: European car market continues rebound in January

Europe’s car market showed more signs of healing as it posted the 17th straight month of sales increases in January. New car registrations in the European Union were up 6.7 percent

Rio Carnival | Battling racism theme of some parades

Racial pride and the fight against racism in Brazil were the themes of samba group presentations and street parties on yesterday (Macau time) as Rio de Janeiro’s flashy parades entered

World briefs

CHINA  Officials have put the brakes on some popular Chinese New Year events in big cities in the wake of a deadly stampede in Shanghai last month, leaving some observers

ATFPM calls for ‘development of democratic political system’

The Macau Civil Servants Association (ATFPM) has called on the government to ensure the development of a democratic political system here, pushing for an increase in the number of seats

Chinese group could end up controlling Novo Banco Ásia

Novo Banco Ásia is likely to be sold, together with Novo Banco, to one of the Chinese groups who have expressed interest in buying the bank. Novo Banco is a result 

Old quarter street revamp under progress

  The streets leading up to St. Paul’s Ruins are as lively as they could be ahead of the Chinese New Year: as soon as they catch a glimpse of Macau’s

Man detained for alleged rape of 12 year-old

Macau authorities yesterday detained a 22-year-old man for the alleged rape of a 12-year-old girl, Radio Macau reported. The Judiciary Police said that the suspect pretended to assist on a

Lawmaker urges IPIM residency scheme suspension for full review

Macau’s investment residency policy has long been out of date, and should be suspended for a full review, lawmaker Lei Cheng I urged in a recent written inquiry to the

Gaming alert | Mongolia considers legalizing gambling

Mongolia plans to establish two newcasino resorts, according to the iGaming Post. The country’s parliament may vote as early as this week on draft legislation to develop casino resorts. The political

Gaming | MGM announces ‘special bonus’

A ‘special bonus’ to non-management team members at MGM Macau was announced yesterday. The bonus is equal to one month’s salary and will be paid out in July 2015. This means

Tradition | Good luck chicken for Lunar New Year

Local wet markets are bustling these days, and costumers look for live birds to cook the favorite dishes you’d find in most Chinese homes during the festive season. According to Fernando

Extra flights to cope with CNY

Compared to last year’s 28, this marks an increase of more than 1.5 times, which, according to the authorities, will allow the local air transport market to provide enough capacity

Price of residential units surges 22 pct in 2014

The average price per square meter in the Macau peninsula reached MOP95,576; while in Taipa it amounted to MOP106,316 and in Coloane prices reached MOP122,697, up 19.8 percent, 29.6 percent

Corporate Bits | GEG volunteer team members distribute New Year puddings to the underprivileged

Six Senses Spa at MGM Macau is now incorporating a holistic Singing Bowl Ritual at the commencement and conclusion of all types of body and facial treatments, to offer guests

China firms replace banks to drive Hong Kong rents

  Chinese brokerages and asset management firms are underpinning Hong Kong office rents as the city cements its financial-market ties to the world’s second-largest economy. Prime office space leased by financial companies

Angola| Standard & Poor’s lowers credit rating

The Standard & Poor’s rating agency (S&P) downgraded its credit rating of Angola’s debt in foreign currency from  while maintaining a stable outlook, the agency said in a statement. The

Portugal is China’s 4th biggest European investment destination

Portugal was the fourth country in Europe to receive the most Chinese investment in the last ten years, ahead of much larger economies such as Spain or even Italy, according

American lobster: the mainland’s new festive delicacy 

  Now on the menu in Beijing for Chinese New Year: lots and lots of American lobster. Exports of U.S. lobster to China have rocketed in the past few years, largely to satisfy the

Thanksgiving celebrations have nothing on CNY

About 2.8 billion trips will be made in China, including 295 million on board trains, according to government estimates. In the U.S., AAA Travel had projected last year that 46.3

Prosecutors take down senior leader amid anti-corruption campaign 

Su Rong, a former provincial party leader and former vice chairman of China’s top political advisory body, is one of the most senior officials to have fallen in President Xi Jinping’s sweeping

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