Business

Global media group

Local firm to ink Portugal media deal next month

Local businessman Kevin Ho expects to sign a deal with Global Media Group in Portugal next month to acquire 30 percent of the Portuguese group’s capital

18 Aug, 2017

13 luxury hotel

13 holdings misses deadline to open its luxury hotel in Macau

13 Holdings Ltd. missed Monday´s deadline to open its luxury hotel in Macau, a condition of a HKD3 billion (USD384 million) loan from Bank of Communications Co. for the gaming project just off the Cotai strip, according to people familiar with the matter.

1 Aug, 2017

fatal accidents

20 projects suspended after 3 fatal accidents in 3 days

The Labour Affairs Bureau has ordered the full or partial suspension of 20 construction projects after inspecting 74 construction sites on Saturday.

17 Jul, 2017

Government to release plan for 5th Macau-Taipa link at year-end

The Macau government will release its plan for a tunnel project near the old Macau-Taipa bridge – earmarked as the fifth Macau-Taipa link – at the end of this year, Ho Ion Sang, who heads the legislature’s Follow-up Committee for Land and Public Concession Affairs, quoted government officials as saying Tuesday.

28 Jun, 2017

Government chooses contractor to manage fourth bridge project in Macau

The Macau Government has chosen a Hong Kong contractor to oversee and manage the project and the budget of the construction of the fourth bridge between Macau and Taipa, according to the Official Gazette Monday.

27 Jun, 2017

Eight unlicensed eateries closed at Soho space of City of Dreams

A total of 13 restaurants operated without licences for three years at the Soho space of City of Dreams (COD) in Cotai, Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes said Thursday, adding her office has ordered eight of them to clos

23 Jun, 2017

Air Macau recruits Airbus 320 captains in Brazil

Air Macau officials are in São Paulo for a "South America Roadshow" to recruit captains for Airbus A320 aircraft, the airline said according to Macauhub.

21 Jun, 2017

Enhanced casino security ‘urgent’: gaming regulator

Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan said Thursday that enhancing security in the 39 city’s casinos was “an urgent matter”, even though there was a low risk of the city being attacked.

16 Jun, 2017

Macao Water to built a new treatment plant in Coloane

Macao Water, responsible for providing the city’s water supply, has reached a consensus with the Macau government on the building of the Seac Pai Van Water Treatment Plant in Coloane, the company informed in a statement released Wednesday.

15 Jun, 2017

BNU donations to Tung Sin Tong

BNU donates MOP 1.6 million to Tung Sin Tong

Local Portuguese lender BNU has donated another MOP 1.6 million to Tung Sin Tong, the city’s oldest Chinese charitable organisation.

7 Apr, 2017

2017 MIECF

2017 MIECF opened with green innovation as the main focus

The 2017 Macao International Environmental Co-operation Forum & Exhibition (MIECF), is commemorating its 10th edition with a focus on “green innovation.”

31 Mar, 2017

Pan Pearl River Delta representatives visit Brazil

Pan Pearl River Delta representatives visit Brazil and Portugal

Representatives of provinces and regions “9 + 2″ of the Pan Pearl River Delta will visit Brazil and Portugal between 5 to 12 March focused on research and exchange of information on environmental protection and management of marine waters, a spokesman said in Macau on Thursday.

3 Mar, 2017

Macau CEM

CEM expects new power station in 5 years

CEM expects its new power plant in Coloane to be up and running in five years time, Bernie Leong Wa Kun, chairman of the electricity utility’s executive committee, said on Thursday.

24 Feb, 2017

Nacky Kuan

Seac Pai Van water plant project to start 2017 mid-year

Macao Water Executive Director Nacky Kuan Sio Peng said on Wednesday that construction of the Seac Pai Van water treatment plant was slated to start in the middle of this year, adding that the facility is planned to be operational in 2019.

16 Feb, 2017

Pousada de São Tiago

São Tiago hotel to close temporarily

Pousada de São Tiago will temporarily close from March 31st and remain closed until the construction of the Barra Transport Complex is completed, SJM Managing Director and Chief Administrative Officer Angela Leong On Kei said on Tuesday.

15 Feb, 2017

Tencent Web network extended to Macau

Tencent Web (qq.com), one of the mainland’s largest Internet companies, announced on Monday that its coverage has been extended to Macau. The announcement was made during a press conference at Macau Tower.

24 Jan, 2017

Macau airport logs record 6.6 million passengers

Macau’s airport reported on Monday a record of 6.6 million passengers last year, with over 56,000 aircraft movements, representing a 14 per cent and 2 per cent year-on-year increase.

3 Jan, 2017

Sheldon Adelson says he wants to build more in Macau

US casino magnet Sheldon Adelson said on Tuesday he was interested in building even more integrated resorts in Macau now that he has completed the development of all six plots of land he was granted by the government.

14 Sep, 2016

CTM slashes broadband fees, gives unlimited data usage in Macau

Telecom operator CTM is giving all its broadband and fibre broadband customers unlimited data usage and slashes its tariffs from October 1, the company announced on Tuesday. CTM’s CEO Vandy Poon Fuk Hei said in a press conference at the telecom’s head office in Taipa that despite the fact that all CTM customers will have … Continue reading "CTM slashes broadband fees, gives unlimited data usage in Macau"

7 Sep, 2016

Centaline says low property prices in Macau is attracting overseas capital

Property prices and the number of transactions have gone up slightly in the second quarter of this year because Macau’s low prices are attracting overseas buyers to invest in the market, Centaline Macau & Hengqin Property Agency Director Jacky Shek Pou Tak said on Wednesday. The Hong Kong real estate agency’s local office held a … Continue reading "Centaline says low property prices in Macau is attracting overseas capital"

18 Aug, 2016