Adelson undergoes cancer treatment, set to ‘return to his regular schedule’: Sands

LAS VEGAS/HONG KONG – Sheldon Adelson, the billionaire founder of Las Vegas Sands, has been diagnosed with cancer and hasn’t been at work since December.Adelson, 85, is still dealing with side effects from the medication he’s taking for non-Hodgkin’s lymphoma, said Ron Reese, the company’s spokesman.“These side effects have restricted his availability to travel or keep regular office hours,” Reese said in a statement. “They have not, however, prevented him from fulfilling his

March 4, 2019 | BY admin

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Casino revenue rises 4.4 pct in February

Macau’s gross gaming revenue rose by 4.4 percent year-on-year to 25.37 billion patacas last month, the Gaming Inspection and Coordination Bureau (DICJ) has announced. According to a DICJ statement on Friday, February’s gross gaming revenue rose by 1.7 percent month-on-month. In January, gross gaming revenue fell by 5 percent year-on-year. PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

March 4, 2019 | BY admin

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Mother & son hospitalised with CO poisoning

A woman and her adult son have been hospitalised after suffering from carbon monoxide poisoning in their flat, and both are in stable condition after emergency treatment, the Health Bureau (SSM) said at the weekend.In a statement on Saturday, the bureau identified the two victims as a 47-year-old local woman and her 23-year-old son. The incident happened in their flat in Block 6 of the U Wa residential estate in Areia Preta district.When the woman’s husband woke up at 2 a.m. on Saturday, he

March 4, 2019 | BY admin

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GBA plan reveals nation’s ‘high trust in, expectation for Macau’: Mi

The Macau government’s Policy Research and Regional Development Bureau (DSEPDR) Director Mi Jian said yesterday in Beijing that the Outline Development Plan for the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), which was released by the central authorities last week, has endowed Macau with “a historic mission and responsibility in the new era”, according to a statement issued after a press conference held by the State Council Information Office in Beijing yesterday.According to the

March 1, 2019 | BY admin

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Police bust gang arranging ‘blue cards’

The Public Security Police (PSP) have busted a gang which had been helping non-locals stay in Macau for a long time by applying for non-resident worker quotas, a PSP spokesperson said during a special press conference yesterday, adding that the gang hired local residents who would pretend to be “employers” so that they could apply for non-resident worker quotas.The non-resident worker permits are colloquially known as “blue cards”.The police have arrested 32 people aged between 22 and

March 1, 2019 | BY admin

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Trainee lawyer beats wife: police

A trainee lawyer has allegedly beaten his wife during heated arguments over their relationship on several occasions, Judiciary Police (PJ) spokesman Leng Kam Lon said during a regular press conference yesterday.According to Leng, the victim previously reported to the police several times that her husband had attacked her but each time she decided to withdraw the criminal complaints against her husband.According to Leng, as the police suspect the trainee lawyer of having committed a number of

March 1, 2019 | BY admin

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Female architect angered by ‘slow’ parking attacks woman: police

A female architect attacked a woman on Wednesday because she was unhappy that the victim’s brother-in-law took too long to park his car in the car park of a residential building which required her to wait for some time, PJ spokesman Leng Kam Lon said during a regular press conference yesterday.As the architect repeatedly sounded the horn to express her discontent, the victim got out of the car and argued with the architect, who then became emotional and allegedly attacked the victim,

March 1, 2019 | BY admin

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Galaxy’s 2018 profit rises 29 pct to HK$13.5 billion

Galaxy Entertainment Group’s (GEG) net profit rose by 29 percent year-on-year to HK$13.5 billion last year, the Hong Kong-listed gaming company announced yesterday. According to a GEG statement, net revenue rose by14 percent to HK$55.2 billion. Adjusted EBITDA increased by 19 percent to HK$16.9 billion. The statement quoted GEG Chairman Lui Che Woo as saying that “at GEG, we continue to drive every segment of the business with a particular focus on the mass business and continue to

March 1, 2019 | BY admin

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2018 GDP growth slows to 4.7 pct

Growth in Macau’s gross domestic product (GDP) slowed to 4.7 percent year-on-year in real terms last year, the Statistics and Census Bureau (DSEC) announced yesterday. A DSEC statement noted that last year’s “pace of [GDP] growth slowed notably”.The bureau said that exports of services and private consumption expenditure were the main drivers of economic growth. PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

March 1, 2019 | BY admin

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SJM 2018 profit rises 45 pct to HK$2.8 billion

Hong Kong-listed SJM Holdings’ net profit rose by 45.2 percent year-on-year to HK$2.85 billion patacas last year, the gaming company said yesterday. Net gaming revenue earned by SJM, a subsidiary of SJM Holdings, increased by 8.3 percent to HK$33.67 billion patacas. Adjusted EBITDA of SJM Holdings and his subsidiaries was HK$3.72 billion, an increase of 21.1 percent from 2017. PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

March 1, 2019 | BY admin

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PwC urges Macau to utilise its platform role for GBA development

PricewaterhouseCoopers (PwC) Macau Office Lead Partner Grace Cheung Pui Peng said yesterday that Macau should utilise its advantage as a business service platform for economic and trade relations between China and Portuguese-speaking countries for the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).Cheung made the remarks during a video conference organised by the multinational professional services firm. PwC representatives from the four major GBA cities of Macau,

March 1, 2019 | BY admin

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New shows for whole family at Cultural Centre

After the festive months with celebrations to welcome 2019 and the Year of the Pig, things are back to normal, and a new cycle begins.There are several exciting new shows taking place in town, and three – ranging from classical music and contemporary dance to top-notch drama – are to be staged at the Macau Cultural Centre (CCM) later this month and next month for the whole family to enjoy, as the centre marks its 20th anniversary.The three performances are “The Cleveland Orchestra”

March 1, 2019 | BY admin

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Octogenarian dies in fire

A flat in the Van Sion Son Chun residential estate in Fai Chi Kei was on fire last night and a man in his eighties living in the flat had no heartbeat when he was rescued by firemen, the Fire Services Bureau (CB) said, while the Social Welfare Bureau (IAS) confirmed in a statement early this morning that the man had died.The fire broke out at around 9 p.m. yesterday in the flat on the 23rd floor of Block B of Van Sion Son Chun in Avenida Marginal do Lam Mau, the Fire Services Bureau said.The

February 28, 2019 | BY admin

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Science fund grants 260 million patacas in 2018

The government’s Science and Technology Development Fund (FDCT) approved 510 projects last year, involving 260 million patacas in financial support, FDCT President Frederico Ma Chi Ngai announced yesterday. Ma announced the figures during a press conference on the premises of the Government Information Bureau (GCS) about the fund’s activities last year. According to Ma, the 510 projects were selected from 639 applications for financial support. PLEASE READ THE FULL ARTICLE IN OUR PRINT

February 28, 2019 | BY admin

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