Business

Jet hangar not yet in business

The recent typhoons have damaged the new business aviation jet hangar, further delaying its opening
The new business jet hangar at Macau International Airport has been damaged by the recent typhoons, with its opening being further delayed, Macau International Airport Company Ltd.

Strong growth in meetings compensates for slowdown

Official data released by (DSEC) showed that the MICE sector attracted 405,000 attendees in Q2

Details unveiled by the Statistics and Census Service (DSEC) show that during the second quarter of this year, 333 MICE (meetings, incentives, conferences and exhibitions) events were held in the MSAR

August CEPA picking up

The total value of goods exported to mainland China under the CEPA (Closer Economic Partnership Arrangement) amounted to MOP7.68 million (US$952,604) in the month of August, up 8.6 per cent month-on-m

Air Macau suffers RMB15 million in losses in H1

Local airline company Air Macau registered losses of RMB15 million (MOP18 million) in the first six months of this year, an improvement from the RMB38 million in losses posted in the same period last

Cause and effect

Last year’s tariff reduction imposed by CTM on Internet and leased line services ‘notably impacted’ the overall revenues of Hong Kong communications group CITIC Telecom International Holdings Limited

Hong Kong communications group CITIC Telecom International Holdings Limited stated in its results report for the first half of the year that its revenues were ‘notably affected’ by the price concessio

Digitalize or die

Spending more on online than traditional marketing is still not a trend observed in Macau

Local companies could reap benefits from investing more in digital instead of focusing on traditional marketing tools, suggested Lug Giroud, the co-founder of Wild, a digital marketing consultancy com

Luxury imports thunder back

Gold jewellery, handbags, wallets and watches all up

Merchandise imports and exports of the MSAR in the month of July saw a 34 per cent and 8.7 per cent increase year-on-year, reaching MOP1.11 billion and MOP6.15 billion, according to the most recent st

China Star posts 225 pct increase in loss in H1

Continues to pursue sale of Lan Kwai Fong Hotel to Paradise Entertainment

The current operator of Lan Kwai Fong Hotel, China Star Entertainment, Limited, saw a 225 per cent yearly increase in its loss during the first half of the year, according to the group’s filing with t

Future Bright: ‘No material damage from Hato’

Group thinking of ‘cautiously expanding’ into Taiwan market

Food and beverage and property company Future Bright saw an 8 per cent annual increase in its loss for the first half of the year, according to the group’s filing with the Hong Kong Stock Exchange.

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