Business

5-day free parking to benefit residents

The Macau International Airport (MIA) has rolled out limited numbers of free 5-day car parking spaces for local residents who are to use the MIA services, starting from September 20.

Passing down advice

As Sino-Luso trade continues to grow yearly, several Chinese businessmen with experience in investing in African Portuguese-speaking countries shared some advice in a Forum Macao meeting

The seminar was held yesterday by the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao) on the investment environment in Portuguese-speaking countries f

What Hato?

Despite the life-threatening typhoon that hit Macau in August, the city’s international airport has registered its busiest air passenger traffic on record

Air passenger traffic in the Macau SAR has recorded ‘a stable increase’ so far during the month of September despite the passage of Typhoon Hato on August 23, according to information provided to Busi

Sino-Luso offshore allowed

Starting from today, the MSAR will allow the establishment of offshore operations related to trade and services between Portuguese-speaking countries and mainland China

The MSAR will now allow the opening of offshores related to trade and services between Portuguese-speaking countries and mainland China starting from today, according to a release in the Official Gaze

Hotel and the city

The hotel sector posted a 9.3 per cent increase in revenue year-on-year in 2016, amounting to MOP28.47 billion, according to the results of the survey conducted by the Statistics and Census Services (

UnionPay retail merchants on the line

Control over the use of mainland China-issued UnionPay cards might increase, and it won’t be over ATMs, suggests analyst

The use of UnionPay retail merchant facilities, rather than ATMs, can explain a rise in demand for cash from mainland Chinese UnionPay (CUP) cardholders betting on premium mass tables in Macau, accord

Still knowing your customer

Whereas the monetary authorities of the Macau and Hong Kong SARs remain unable to confirm if money withdrawals at ATMs in both jurisdictions have decreased or increased since the implementation of KYC

Applying different identity verification controls at ATM machines in the Macau and Hong Kong SARs suggests the Chinese government has different purposes, namely, to prevent ‘money laundering and capit

Mandarin Oriental with 49 pct occupancy in H1

TurboJET Premium Grand class passengers up 19 pct y-o-y, Harbour Mile project still pending gov’t Master Plan

The Mandarin Oriental Macau, operated by local group Shun Tak Holdings Limited, saw occupancy during the first six months of the year reaching just 49 per cent, as compared to citywide average of 84.7

CTM: operating normal

Local telecommunications company replied to Business Daily’s enquiry that ‘CTM’s network and services are operating normal’, in the wake of the many complaints received from residents claiming that co

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