COOPERATION

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Sands expects US$1.48 billion net proceeds from senior notes issue
Sands China said today it estimates that the net proceeds from the offering of senior notes will be about US$1.48 billion (11.8 billion patacas) and that is intends to use the net proceeds for incremental liquidity and general corporate purposes. The gaming operator announced its estimate in a statement to the Hong Kong Stock Exchange. It had first announced its intention of issuing senior notes in a statement to the Hong Kong bourse yesterday. According to the Investopedia website, a senior
June 3, 2020
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Local suppliers union expects 50 pct rise in Brazilian frozen meat prices
Prices of frozen meat from Brazil could increase by 40 to 50 percent due to the novel coronavirus pandemic that has caused the shutdown of more than 10 percent of meat factories in Brazil, Macau Union Suppliers Association Chairman Ip Sio Man told reporters yesterday.Ip, who owns the local supermarket chain “Vang Kei”, made the comment on the sidelines of a press conference organised by the Macau Zhi Gong Association at Hotel Beverly Plaza where the group released a song to express
June 3, 2020 | BY admin
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It’s time to save US-China ties from apocalypse
Commentary by Philip J. CunninghamDark clouds of light-obscuring dust are being kicked up by the hooves of an angry posse that is bent on wreaking havoc with US-China relations. The president of the United States, high on his big white horse in the White House, is the leader of the pack. He daily makes a mockery of the pestilence sweeping the land, but when pressed to take responsibility, he points to China. No stranger to strange and shocking tweets, he recently reached a new diplomatic low
June 3, 2020 | BY admin
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Macau Science Centre, abattoir, Urban Renewal Ltd lose money
The Macau Science Centre (MSC) incurred a loss of 165 million patacas last year, Mak Soi Kun, who heads the legislature’s Follow-up Committee for Public Finance Affairs, quoted its representatives as saying yesterday.Mak briefed reporters after a closed-door meeting of the committee, which asked representatives from public-funded Macau Science Centre Limited, Macau Slaughterhouse Limited, and Macau Urban Renewal Limited to brief its members about their respective operational and financial
June 3, 2020 | BY admin
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Teachers & pupils show ‘aesthetic & science innovation’ in exhibition
Artwork by teachers and pupils from the Premier School Affiliated to Hou Kong Middle School is on display at the “Aesthetic and Science Innovation” exhibition at the gallery of the Centre of Education Resources of the Youth Education and Services Centre (DSEJ) this week.According to an article on the DSEJ website, the exhibition marks the school’s 10th anniversary.The exhibition showcases the outstanding work of the school’s kindergarten, elementary school and middle school pupils who
June 3, 2020 | BY admin
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WTCR revised 2020 season does not include Macau race
The FIA World Touring Car Cup (WTCR) has updated the calendar of races for the 2020 season on its website and it does not include Macau.According to the revised calendar available on www.fiawtcr.com, the 2020 season will have only six events in Europe, and Salzburgring will stage the inaugural WTCR Race of Austria as the opening event of the season in September.This will be followed by races in Germany, Slovakia, Hungary, Spain, and Italy.Race events were originally scheduled to take place in
June 3, 2020 | BY admin
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Sands China vows to complete major project despite COVID-19
Sands China said in a statement this week it “believes it will be able to support its continuing operations, complete the major construction projects that are underway, and respond to the current COVID-19 pandemic challenges.”The US-Macau-Singapore gaming giant made the upbeat remarks in an “Inside Information Business Update” statement to the Hong Kong Stock Exchange on Monday. The company is currently transforming its Cotai Sands Central property into “The Londoner
June 3, 2020 | BY admin
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Sands Chairman Adelson 'saddened' by passing of Dr. Stanley Ho
Sands Chairman and Chief Executive Officer Sheldon G. Adelson and his wife Miriam have been saddened by the passing of Macau gaming magnate Dr. Stanley Ho Hung Sun last week, according to a statement issued by the US casino mogul from his company's corporate headquarters in Las Vegas. "My wife, Miriam, and I were saddened to hear of the passing of Dr. Stanley Ho. Our sympathies are with all who mourn his loss. He had a tremendous life which I'm sure will be celebrated by his family
June 2, 2020 | BY admin
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Entrepreneurs kickstart food giveaways for Bangkok residents affected by Covid-19
Entrepreneurs kickstart food giveaways for Bangkok residents affected by Covid-19Press Release by Bangkok Community Help BANGKOK: “It's not about the tacos anymore,” says Greg Lange, founder and CEO of Bangkok-based Sunrise Tacos. Covid-19 restrictions saw eat-in dining curtailed nationwide in March, and Lange—a Bangkok resident for 20 years—boosted home delivery business for his US/Mexican eateries.Youngsters on motor-scooters criss-cross the sprawling Thai capital delivering
June 2, 2020 | BY admin
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Ho Iat Seng underlines GBA development drive in meeting about ‘Two Sessions’
Chief Executive Ho Iat Seng yesterday underlined the importance of Macau’s participation in the development of the Greater Bay Area (GBA), with special emphasis on development projects in Hengqin initially, according to a statement by the Macau Government Information Bureau (GCS). Ho made the remarks during a meeting hosted by the Central People’s Government Liaison Office at its headquarters in Zape about this year’s “Two Sessions” – the annual sessions of the National
June 2, 2020 | BY admin
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Social service facilities to gradually reopen next week: govt
Addressing yesterday’s press conference about Macau’s novel coronavirus disease situation, Social Welfare Bureau (IAS) Deputy Director Hoi Va Pou said that some of the city’s daycare centres for senior citizens and rehabilitation centres for different groups of users will reopen in phases from next Monday.During the first two weeks of the reopening of a particular facility, the maximum number of users there per day must not exceed 30 percent of the maximum number stipulated by its
June 2, 2020 | BY admin
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18,000 P1 to P3 pupils return to school after COVID-19 break
Around 18,000 Primary 1 to 3 pupils from 59 schools returned to school yesterday, the Education and Youth Affairs Bureau (DSEJ) said in a statement.  The schools had followed the class resumption guidelines issued by the bureau to disinfect their campuses and strengthen their hygiene measures, as well as to conduct a drill on class resumption, the statement said, adding that all school staff and cross-border pupils had passed their nucleic acid tests (NATs) before the resumption of
June 2, 2020 | BY admin
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Philippine couple use local woman’s consumption card: police
A Philippine couple were arrested for using another person’s government-issued consumption subsidy smartcard, Public Security Police (PSP) spokesman Cheuk Kou Chi said during a regular press conference yesterday.The cards, which are only issued to local residents, are colloquially known as “siu fai kat” in Cantonese.The couple comprise a 40-year-old male surnamed Azres who told the police that he works as a driver in the Philippines and is visiting his 42-year-old girlfriend surnamed
June 2, 2020 | BY admin
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Galaxy launches campaign appreciating residents’ COVID-19-fighting effort
Galaxy is paying special tribute to all local residents for their effort in fighting the novel coronavirus with a campaign offering gift packs to honour the “heroes of Macau” who have been working together to protect the city.Galaxy Macau said in a statement last week that as there are many moving and untold stories about people who worked selflessly behind the scenes to protect everyone around them, the company is paying tribute to all local residents with the “Galaxy Appreciates
June 2, 2020 | BY admin
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Gaming revenue falls 93 pct in May
Macau’s gross revenue from games of chance fell 93.2 percent year-on-year to 1.76 billion patacas last month, the Gaming Inspection and Coordination Bureau (DICJ) announced yesterday. It was the second steepest year-on-year decline this year, after April’s 96.8 percent plunge. However, gross gaming revenue was up 134 percent month-on-month. April’s revenue amounted to a mere 754 million patacas, the lowest of any month this year. Casinos’ revenue in the first five months
June 2, 2020 | BY admin
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