Galaxy, SJM report 2016 results

Galaxy Entertainment Group (GEG) and SJM Holdings reported yesterday their 2016 results.According to a GEG statement to the Hong Kong Stock Exchange, the company recorded a full-year net profit attributable to shareholders (NPAS) of HK$6.3 billion, an increase of 51 percent year on year including HK$500 million of non-recurring charges.Galaxy’s 2016 revenue increased 4 percent to HK$52.8 billion.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

March 1, 2017 | BY admin

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Fund grants 40.5 million patacas for cultural & creative projects in Jan-Feb

The Cultural Industries Fund (FIC) granted 40.5 million patacas for 13 projects during the first two months of this year, more than the 33 million patacas granted during the whole of 2016.The fund held a press conference yesterday to sum up its work last year and what it plans are for this year. The press briefing was held at the Village Mall, a three-floor retail space for locally-designed cultural and creative products at Broadway Centre in Rua do Campo.According to a statement released by

March 1, 2017 | BY admin

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Police probe fake joint school dating form

The Judiciary Police (PJ) said in a statement – titled “Serious Crisis” – yesterday that they have begun investigating an online application form of a fake joint school dating programme.According to the statement released on the PJ official website, the police became aware of the online form after school authorities and parents reported it.The Chinese-language online form, which offers its services free of charge, targets young people between 16 and 25. It consists of explicit questions

March 1, 2017 | BY admin

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Macau to get Senior Citizens Day: official

The city’s first-ever Senior Citizens Day may be celebrated annually on the same date as the traditional Chong Yeung Festival, Choi Sio Un, who heads the Social Solidarity Department of the Social Welfare Bureau (IAS), said yesterday.Choi made the announcement when briefing reporters after attending a closed-door meeting of the government-appointed Senior Citizen Affairs Committee at the Education and Youth Affairs Bureau (DSEJ).Choi said Senior Citizens Day in both the mainland and Taiwan is

March 1, 2017 | BY admin

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Auditor slams WiFi GO poor connection quality

The now defunct Telecommunications Regulation Bureau (DSRT) failed to properly monitor and supervise its WiFi GO service so that a raft of WiFi GO service points in the city are affected by poor connection quality, the Commission of Audit (CA) said in a hard-hitting report yesterday.The government merged the Telecommunications Regulation Bureau and Macau Post Office into the Macau Post and Telecommunications Bureau (CTT) on January 1.The report says that the poor connection quality not only

February 28, 2017 | BY admin

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All 100 special taxis ready for use by end-May: chief

Macau Radio Taxi Corporation Chairman Cheong Chi Man said yesterday he expected the remaining 50 special radio taxis to be ready for use by the end of May, after the initial 50 taxis come into service in early April.Cheong added that his company will announce when the remaining 50 taxis hit the roads after reviewing its operation over the two months.Cheong made the remarks after his company showed the media how the rear seats in five of the taxis can be folded back to allow two wheelchair users

February 28, 2017 | BY admin

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Retail sales drop 6.6 pct last year

Macau’s retail sales last year fell 6.6 percent year on year to 57.51 billion patacas, the Statistics and Census Bureau (DSEC) announced yesterday.Last year’s retail sales corresponded to about a quarter of the city’s gross gaming revenue of 224.1 billion patacas during the same period.Retail sales of watches and jewellery reached 11.76 billion patacas, accounting for 20.5 percent of total retail sales last year.PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

February 28, 2017 | BY admin

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Retail sales drop 6.6 pct last year

Macau’s retail sales last year fell 6.6 percent year on year to 57.51 billion patacas, the Statistics and Census Bureau (DSEC) announced yesterday.Last year’s retail sales corresponded to about a quarter of the city’s gross gaming revenue of 224.1 billion patacas during the same period.Retail sales of watches and jewellery reached 11.76 billion patacas, accounting for 20.5 percent of total retail sales last year. PLEASE READ THE FULL ARTICLE IN OUR PRINT EDITION.

February 28, 2017 | BY admin

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Jobless rate rises to 2 pct

Macau’s estimated unemployment rate rose to 2.0 percent in the three-month survey period to the end of January, the Statistics and Census Bureau (DSEC) said yesterday.A DSEC statement said that following the completion of a number of construction projects before the Chinese New Year, unemployment in the construction sector increased, bringing the general unemployment rate for the three-month period up slightly by 0.1 percentage point from the previous period (October-December 2016) to 2.0

February 28, 2017 | BY admin

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Mainlander nabbed for 3 car break-ins

A mainland man was arrested on Saturday for breaking into three cars, a Judiciary Police (PJ) spokesperson said yesterday.According to the spokesperson, the suspect, surnamed Zhang, is a 41-year-old security guard.The spokesperson said the three owners of the vehicles reported on separate occasions last year that their car windows had been smashed and property removed from the interiors. One of the cars was parked in Avenida Dr. Sun Yat-Sen on February 15 last year while the other two were

February 28, 2017 | BY admin

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Scholar urges govt not to raze Coloane shipyards

The government should change its mind about demolishing 11 of about 14 dilapidated shipyards in Coloane’s Lai Chi Vun Village and explain why it did not redevelop the area in line with previous research into the site, Agnes Lam Iok Fong, assistant dean of the University of Macau’s (UM) Faculty of Social Sciences, said yesterday.Lam made the remarks after reporters had asked for her comments on the issue.The research was conducted by the government in 2012, which proposed the redevelopment

February 28, 2017 | BY admin

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Forum urges Macau to be ready for int’l trends

A forum, hosted yesterday by the Macau Civic Power (ECM) group, discussed how China’s relations with other countries, especially the United States, might affect Macau’s economy, and urged the city’s residents to be prepared for possible economic changes.The group hosts monthly roundtable discussions on a variety of topics. Yesterday’s open-air discussion, which took place at the Art Garden in Nape, was led by three panellists and a moderator.Panellist Davis Fong Ka Chio, who heads the

February 27, 2017 | BY admin

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NMA quitter vows to monitor elections

New Macau Association (NMA) Vice-President Jason Chao Teng Hei, who announced on Thursday that he will the group quit the group at the end of March, says he will set up a new platform in April to monitor and “promote the fairness” of the upcoming legislative elections.The direct and indirect legislative elections, which are held every four years, are slated to take place in September. Chao failed in his bid for a seat in the legislature four years ago.Chao, 31, made the remarks on the

February 27, 2017 | BY admin

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6 fall ill after dining at MGM eatery

Six people fell ill with suspected gastroenteritis after dining at MGM Macau’s Rossio buffet restaurant on February 16, a statement from the Health Bureau (SSM) said on Friday.The statement said that after 13 staff members of an unnamed organisation dined at the restaurant on February 16 in the evening, six had upset stomachs. The following morning they suffered from vomiting, diarrhoea, abdominal pain and fever. One of them sought medical assistance but did not show severe signs of illness

February 27, 2017 | BY admin

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