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Gaming revenue growth slows in October
Macau’s gaming revenue in October slowed to single-digit growth for a second straight month, providing further evidence that mainland China’s economic slowdown is taking a toll on the enclave’s casino operators.However, October’s revenue was the highest of any month so far this year. Gross gaming revenue rose 2.6 percent year on year in October to 27.3 billion patacas from a year earlier, according to data yesterday from the Gaming Inspection and Coordination Bureau (DICJ). That missed
November 2, 2018
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‘Bazaar’: a collective memory of generations
There are many events in Macau all year round and the annual Caritas Macau Charity Bazaar is no doubt a signature activity that has been bringing the community together for the past 48 years.The 49th Caritas Macau Charity Bazaar will take place tomorrow and on Sunday at the Nam Van Lake Nautical Centre, with the theme “With love, We build together”.This year, the bazaar will have 90 booths for games and other activities, as well as a number of donation counters, to raise money for a wide
November 2, 2018 | BY admin
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6 Filipinos injured in car wash accident
A Filipino employee of a car wash near the Barrier Gate border checkpoint is suspected of accidentally stepping on the accelerator of a car and ramming into two cars in front of him yesterday morning, injuring himself and five other workers – all of them Filipinos – who were cleaning other cars, according to the police.All of them are non-resident workers in Macau. Two of them suffered serious injuries, according to the police.The accident occurred at around 11 a.m. in the car wash in Rua
November 1, 2018 | BY admin
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Hotel guests in Sept rise 6 pct to 1.1 million
Macau’s 116 hotels and guesthouses recorded 1.1 million guests in September, a 6 pct increase year on year, the Statistics and Census Bureau (DSEC) said yesterday. Mainlanders and Hongkongers accounted for 69 percent and 11 percent of all guests respectively.While guests from the mainland and Hong Kong rose 8.1 percent and 12.3 percent respectively, those from Taiwan (41,000) and South Korea (40,000) dropped by 3.3 percent and 2.9 percent respectively. South Koreans continued to be the hotel
November 1, 2018 | BY admin
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Govt to consult public on 9 possible heritage properties
The Cultural Affairs Bureau (IC) announced yesterday that it has launched cultural heritage evaluation procedures for nine properties during which the government will determine whether they will be officially classified as cultural heritage sites.IC Acting President Leong Wai Man, Wong Iat Cheong, who heads the bureau’s Heritage Department and the bureau’s senior official Choi Cheng Cheng presided over a press conference on the IC premises to announce details about the nine
November 1, 2018 | BY admin
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Barrier Gate bus terminal to reopen next month: Rosario
The Barrier Gate underground bus terminal will reopen to the public next month, Secretary for Transport and Public Works Raimundo do Rosario told lawmakers yesterday. The policy secretary participated in a plenary session in the Legislative Assembly’s hemicycle to discuss the issue. The government had earlier said that the terminal would only reopen in 2019.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.
November 1, 2018 | BY admin
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HOS applicants must be aged at least 25: govt
The Executive Council announced yesterday that the government has drafted a bill amending the law on its subsidised home-ownership scheme (HOS). The amendment bill proposes that an applicant must be a permanent resident aged at least 25, as opposed to the current minimum age requirement of just 18.The bill also proposes that a points-based system be adopted for the allocation of HOS flats, replacing the current system in which applicants for HOS flats are divided into different groups.Leong
November 1, 2018 | BY admin
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Inner Harbour takeaway gas blast injures 4
A serious explosion occurred in a takeaway in the Inner Harbour area yesterday morning, which injured its four employees, three of them seriously, according to the Fire Services Bureau (CB).Firemen said they suspected that the blast was caused by gas leaking from the takeaway’s LPG cylinders.The Fire Services Bureau later discovered that a document applying for a licence to run the takeaway by the owner shows that only electric cooking appliances are allowed to be used there. The Civic and
October 31, 2018 | BY admin
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Man assaults wife & daughter, aged 8
A jobless local man punched his wife four to five times on the head, slapped her face two to three times, and also slapped his daughter during a scuffle last Friday, Judiciary Police (PJ) spokeswoman Lei Hon Nei said at a press conference in Zape yesterday.The 41-year-old suspect surnamed Wong allegedly assaulted his wife and daughter in their flat near Rua do Mercado Iao Hon, according to Lei.The couple has a son, aged 19, and an eight-year-old daughter.PLEASE READ THE FULL ARTICLE IN OUR
October 31, 2018 | BY admin
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German nabbed using other’s restricted area ID
A German man is suspected of having used his colleague’s documents to enter the restricted area of the airport in Taipa and was reported by an airport security guard to the police, Public Security Police (PSP) spokesman Lam Keong said during a regular press conference yesterday in Zape.The 30-year-old man identified by Lam as Martin, who told police that he’s a project manager, holds a German passport. Martin entered the airport in Taipa on Monday at around 12 a.m. Airport security guards
October 31, 2018 | BY admin
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Lawrence Ho’s ‘family office’ launches pataca bond
Lawrence Ho Yau Lung’s “family office” Black Spade Capital launched the world’s first pataca-denominated corporate bond yesterday with Tai Fung Bank.Ho, who was reportedly ill, did not attend the launch ceremony held at Morpheus Hotel at City of Dreams, one of the gaming properties operated by Ho’s Melco Resorts and Entertainment. Ho is the son of gaming mogul Stanley Ho Hung Sun.According to a statement available only in Chinese, the corporate bond is valued at 2 billion patacas and
October 31, 2018 | BY admin
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SJM Holdings net profit rises 65 pct in Q3
SJM Holdings’ profit attributable to owners of the gaming company in the third quarter rose by 65.1 percent year on year to HK$707 million, the company founded by legendary gaming magnate Stanley Ho Hung Sun said in a statement to the Hong Kong Stock Exchange yesterday. In the first nine months of the year, profit attributable to the company’s owners rose by 59.4 percent to HK$2.2 billion patacas. Net gaming revenue in the third quarter reached HK$8.3 billion, up 9.5 percent year on
October 31, 2018 | BY admin
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Rosario apologises for wrong assessment of LRT depot project quotations
Secretary for Transport and Public Works Raimundo do Rosario apologised yesterday for an embarrassing incident in which the government wrongly calculated the marks for the rival quotations submitted by seven construction companies for the building of the depot of the Light Rail Transit (LRT).Rosario made the remarks when replying to an oral interpellation by directly-elected lawmaker-cum-unionist Jose Maria Pereira Coutinho during a plenary session of the legislature.In 2016, the government
October 31, 2018 | BY admin
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4-year-old dies of flu-related brain disease
A four-year-old local girl, who lives in Zhuhai and commutes to school in Macau, died in Zhuhai on Sunday from flu-related encephalopathy, a brain disease, a Health Bureau (SSM) statement said yesterday.The statement said that the bureau has ordered Escola Fukien (Fujian School) to suspend the K2B class that the girl attended until Friday, to reduce the risk of spreading the flu. It also ordered the school to carry out thorough disinfection of its classrooms and other facilities.According to
October 31, 2018 | BY admin
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Police bust huge loan-sharking gang, nab 34 suspects
A total of 34 suspects were arrested on Sunday for their suspected membership of loan-sharking gang which lent about HK$60 million to about 80 gamblers, Judiciary Police (PJ) spokeswoman Lei Hon Nei said at a press conference in Zape yesterday.Lei said that in March last year the Judiciary Police were tipped off about the gang and arrested some of its suspected members. The police continued their investigation, and on Sunday 80 PJ officers raided nine residential flats in Taipa and the
October 30, 2018 | BY admin
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