SJM profit rises 16.5 pct in Q1

SJM Holdings’ profit attributable to the owners of the company rose by 16.5 percent year-on-year to HK$850 million, the Hong Kong-listed gaming operator has announced.“The increase was mainly due to an increase in mass-market gross gaming revenue”, the company said in a statement to the Hong Kong Stock Exchange on Tuesday.Net gaming revenue increased by 0.8 percent year-on-year to HK$8.47 billion.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

May 2, 2019 | BY admin

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MGM profit rises 10 pct in Q1

MGM China Holdings’ profit attributable to the owners of the company rose by 10.3 percent to HK$650 million in the first quarter of the year, the Hong Kong-listed US gaming operator has announced.According to a statement to the Hong Kong Stock Exchange on Tuesday, the company recorded total revenue of HK$5.8 billion in the first three months of the year, a year-on-year growth of 24 percent.Adjusted EBITDA grew by 27 percent year-on-year to HK$1.6 billion. Adjusted EBITDA margin was 28.1

May 2, 2019 | BY admin

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Locals’ jobless rate dips to 2.3 pct

Macau residents’ unemployment rate fell 0.1 percentage point quarter-on-quarter to 2.3 percent in the first quarter, the Statistics and Census Bureau (DSEC) has announced.According to a DSEC statement earlier this week, Macau’s general unemployment rate, which comprises local residents and non-resident workers (informally known as blue card holders), remained unchanged at 1.7 percent from the previous quarter.Total employment decreased by 900 people quarter-on-quarter.PLEASE READ THE FULL

May 2, 2019 | BY admin

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More rubella & measles cases confirmed

A 54-year-old local woman who works at Landmark casino in Zape has come down with rubella (also known as German measles), pushing the total number of rubella cases reported in Macau to 31 so far this year, the Health Bureau (SSM) said in a statement yesterday.According to the statement, the woman came down with muscle pain on Sunday and developed a rash on her hands, face and neck on Monday. She sought treatment at the bureau’s heath centre in Coloane’s Seac Pai Van public housing estate on

May 2, 2019 | BY admin

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Pearl Horizon protesters urge govt to solve issue before its term ends

Over a hundred disgruntled pre-sale buyers of Pearl Horizon flats staged a protest march yesterday from the abandoned Polytex construction site in Areia Preta district to Government Headquarters in Nam Van district, urging the current government to settle the long-running problem of the ill-fated residential project before the end of its term.Pearl Horizon Condominium Owners United Association President Kou Meng Pok told The Macau Post Daily that about 500 buyers participated in the protest.

May 2, 2019 | BY admin

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Customs officers bust 3 II cases

The Macau Customs Service said in a statement yesterday that its officers have busted three illegal immigration cases.In the first case, the Guangdong coast guard saw a suspicious speedboat moving towards Cheoc Van Beach on the southern shore of Coloane in the early hours of last Friday and informed the Macau Customs Service of the situation. A Macau Customs Service vessel was deployed to intercept the suspicious speedboat and five illegal immigrants on board were caught. Customs officers

May 2, 2019 | BY admin

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Leong hints he won’t run for CE

Secretary for Economy and Finance Lionel Leong Vai Tac appeared to insinuate yesterday that he won’t run for chief executive when he said that he would remain steadfast in carrying out his duties throughout the remaining term of the current government, when asked by the media whether he intended to join the chief executive election later this year.The policy secretary also said that Legislative Assembly (AL) President Ho Iat Seng – his potential rival – was well qualified for the city’s

May 1, 2019 | BY admin

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Registration for popsci micro video competition opens

Yesterday’s launch of the “National Popular Science Micro Video Competition – Macau Selection Activity” aims to promote popular science in Macau and accelerate the city’s development of information technology (IT) through micro video production, and up to five local productions will be recommended to participate in the national competition next March.The Science and Technology Development Fund (FECT) held a press conference yesterday at the Macau Chamber of Commerce Building in

May 1, 2019 | BY admin

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Woman cheats 3 out of HK$5 million in smartphone investment scam: police

The Judiciary Police (PJ) arrested a local woman yesterday for allegedly defrauding three victims, a man and two women, out of about H$5 million, as she claimed that she could buy the latest smartphones at discounted prices for resale with a three-percent return on investment (ROI), PJ spokesman Leng Kam Lon said during a regular press conference yesterday.According to Leng, the suspect is a 35-year-old local surnamed Lei. The female victims are Lei’s former secondary school classmates. The

May 1, 2019 | BY admin

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PLA garrison opens to public for 3 days

People’s Liberation Army (PLA) General Office of the Macau Garrison Director Col. Peng Wei said in a speech yesterday that since 2005 the local garrison has opened its doors to visits by the general public 15 times, hosting a total of more than 130,000 visitors, adding that such events have enhanced mutual understanding and promoted fraternal relations between the armed forces and the citizenry, and also has become a local favourite military-related social event.Peng made the remarks as the

May 1, 2019 | BY admin

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Latest 3 rubella patients work at Landmark casino

Three new rubella patients have been diagnosed, the Health Bureau (SSM) said in a statement yesterday, and all three work at Landmark casino.The latest cases push the total number of rubella patients to 30 so far this year.According to the statement, the three patients are a 44-year-old local woman who was born on the mainland, a 42-year-old Vietnamese woman and a 25-year-old Filipina.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

May 1, 2019 | BY admin

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Duo nabbed for impersonation in road accident, injuring scooter rider

An employer and a member of his staff have been taken to the Public Prosecutions Office (MP) for impersonation in a road accident where the mainland staff member, whose work permit has expired and therefore doesn’t have a valid licence to drive in Macau, jumped a red light while driving a lorry in Cotai and hitting a scooter rider.The Public Security Police (PSP) said in a press conference yesterday that the accident happened on Friday afternoon, when a lorry driver jumped the red light and

May 1, 2019 | BY admin

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Wong reaffirms need to suspend ‘Crystal Fish’ outdoor exercises during thunderstorm

Secretary for Security Wong Sio Chak reaffirmed yesterday that the government must always ensure residents’ safety so that it decided to suspend all the outdoor exercises of Saturday’s “Crystal Fish” typhoon drill during the period when the weather station’s thunderstorm warning signal was up.Wong made the remarks while speaking to reporters after attending a reception celebrating today’s International Workers’ Day hosted by the Macau Federation of Trade Unions (commonly known as

May 1, 2019 | BY admin

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Cabbie detained for dangerous driving, injuring 3 on zebra crossing: police

The taxi driver who injured two women and a baby on Monday evening in a case that has sent shock waves through the local community has been detained and transferred to the Public Prosecutions Office (MP) for dangerous driving, causing bodily harm and not stopping to give way to pedestrians on a zebra crossing, the Public Security Police (PSP) said in a statement yesterday.The statement said that the incident happened at about 10 p.m. on Monday in Avenida Dr. Sun Yat-sen in the direction from

May 1, 2019 | BY admin

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