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Property
The rebound in the local real estate market has taken a breather by 12.4 per cent and 12.6 per cent month-on-month, respectively
Gaming
The amendments to the law to apply the full smoking ban inside casinos have been sent to the Legislative Assembly (AL).
Business
A Traditional Chinese Medicine park on Hengqin, a co-operative initiative between the MSAR and Mainland government, is positioned to attract more big firms to help develop itself as a research and healthcare services hub
Gaming
Time for reflection. If Macau wishes to remain a competitive gaming mecca, that is. So says GEG vice chairman Francis Lui. Careful examination and more consultations affecting the casino industry are vital, he says.
Business
The government is adamant. Macau has a future as a creative centre in Asia. But many of its preferred ‘service platforms’ are in their infancy. Enter the Cultural Industries Fund.
Property
When is ‘idle’ land not idle? The majority of the 16 plots of land considered ‘idle’ by the gov’t until recently are linked to some of Macau’s most high profile names.
Gaming
The good old days have gone. Junkets were once responsible for 80 to 90 pct of all hotel room reservations in Macau. With high rollers sidestepping the city, hoteliers have lost their best clients.
Politics
Positive figures. The return rate of Macau's fiscal reserves are on the upswing. Increasing to 5 pct in the first five months. Compared to just 2 pct last year.
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