Shenzhen reduces entry quota for Hong Kong travelers

Authorities in Shenzhen will “temporarily” reduced the city’s daily quarantine quota for Hong Kong arrivals from yesterday before halving it to 1,000 by the start of next

GIF asks for collaboration in ‘combating growing cybercrime’

Since cybercrimes have become one of the major criminal activities, rapid illicit fund flows and concealment of criminal identities thus “pose challenges for analyses and

Casino suppliers leave zero-Covid Macau for Singapore, Philippines

Suppliers of slot machines, baccarat table systems and other casino equipment are moving out of Macau to more welcoming markets in Asia, Bloomberg has reported. With demand

Hong Kong environmentalists ‘jealous’ of Macau plastic ban

Hong Kong “has fallen behind Macau” in banning single-use plastic tableware, green campaigners have said. Critics quoted by the South China Morning Post yesterday said the Hong

Removal of quarantine key to gaming recovery: CLSA

Based on Macau’s total gross gaming revenue in August, brokerage firm CLSA said yesterday that Macau has been recovering from the recent wave of pandemic-induced lockdowns at

Suspected illegal worker numbers at record low in June, July

Authorities detected 28 suspected illegal workers in the city during both June and July, the lowest figure reported so far this year. Normally, authorities would report an

Cross-border traffic plunges 95%

Cross-border vehicular traffic in July plunged by 94.5% year-on-year to 19,371 trips, of which light automobile trips (332) tumbled by 99.9%, data from the Statistics and Census

Promotional campaign in Qingdao kicks off Sept. 8

As the first of the series this year, the Macao Week in Shandong-Qingdao will dazzle at Gate 5 of Olympic Sailing Centre in the Southern District of Qingdao

SME Pavilion applications nearly doubles

  The exhibitor applications for the Macao SME Pavilion at the 27th Macao International Trade and Investment Fair (MIF), have been completed. The number of booths at

Composite rates for MOP slightly up by 0.56%

The funding costs for the local banking sector generally increased in the second quarter of 2022, according to statistics released by the Monetary Authority of Macao. At

Bernstein: Daily GGR growing slightly

The casino sector’s average daily gross gaming revenue (GGR) grew by 9% to MOP86 million from August 15 to 21, compared with the previous week. Channel checks

Consumer prices up 1.4% in July

Information from the Statistics and Census Service (DSEC) indicates that the Composite Consumer Price Index (CPI) for July was 103.95 points, an increase of 1.38% year-on-year. The increase

UM welcomes 3,900 new students in record high applications 

The University of Macau (UM) welcomed over 3,900 new students yesterday in an online ceremony for the 2022/2023 academic year. This year has seen a record number of

Sands China honors employees’ pandemic support at rally

Sands China expressed its appreciation to its team members at a rally yesterday at The Londoner Macao, recognising their support to the company’s pandemic relief work. Among their efforts,

Sands Shopping Carnival to be held from Sept. 10  

The Sands Shopping Carnival will take place from September 10 to 12, after the event, originally to be held in July, was postponed due to the suspension of

Single-plate auto owners get 30% insurance discount in Hengqin

Motor vehicle insurance for Macau single-plate vehicles is now 30% less expensive in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin in order to further economic, trade, and

2022MIECF postponed to Dec. 9

The 2022 Macao International Environmental Co-operation Forum & Exhibition (2022MIECF) is postponed to December 9 to 11 due to the need for epidemic prevention and control as

Traffic accidents drop 15% in June

The number of traffic accidents in June fell by 14.9% year-on-year to 904, with 341 persons injured. In the first half of the year, there were 5,805

China’s opening-up ‘big tailwind’ for foreign financial institutions: exec

China has made substantial progress in opening up its financial markets over the past decade, creating an abundance of opportunities for foreign corporations and institutions, said

Approved mortgage loans plunge by 20%

New residential mortgage loans (RMLs) approvals by Macau banks dropped by 19.8% month-to-month to MOP1.40 billion in June, while commercial real estate loans (CRELs) increased by 387.3%

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