Gaming
GEG unveiled its HK$24.6 billion projects last Friday. Galaxy Macau Phase II and Broadway Macau are slated to open on May 27. "These projects will complement our position in the Macau and Hengqin area as a leisure and entertainment destination," said vice chairman Francis Lui.
Politics
The end of 2017 is the new targeted completion date. This is for most of the buildings in the city’s second public hospital, situated in Cotai. First conceived in 2009, the first phase should have been completed in 2014.
Politics
Plenty of mud has been dug up. Now it’s time to sling it. A Light Railway Transit (LRT) contractor blames the government for construction delays.
Property
They’re just waiting for their licence. Following which, JLL will start marketing Hengqin properties in Macau and Hong Kong. The Chicago-based realtor is the lead agent for the 5.4 million square foot Lotus Square project in Hengqin.
Politics
MGTO has plenty to celebrate. But much to do. Macau Government Tourist Office has announced a record-breaking 31.5 million visitor arrivals in 2014.
Business
It’s been a tempestuous ride. And the storm still hasn’t subsided. Novo Banco Asia (New Bank Asia), formerly known as BESOR, has a mighty task ahead. Essentially trying to reassure investors and the market that its financial soundness was never in danger.
Property
Macau’s residential and office sectors continued to grow in 2014. On the back of limited supply and the increasing number of new corporations registering in the city.
Politics
The chickens are coming home to roost. And accountability is in the air. The CE is mulling the drafting of a law enabling the Legislative Assembly to monitor mega infrastructure projects, citing the example of Hong Kong.
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