Ching Ming Festival

Ching Ming Festival is one of the 24 segments in Chinese calendar.   It normally falls on the 4th or 5th of April because it’s depended on the Cold Food Day (105 days after previous year’s winter solstice).  In the old days, Ching Ming was celebrated 3...

Govt gives casino operator nod for 150 new tables

The government says it has given the operator of a new resort in Macau permission to put 150 new gaming tables in the resort’s casino. The government says so in a written statement which fails to identify the casino operator or the resort. The Portuguese-language...

Revamped Jai Alai fronton to open after March 2016

The renovated Jai Alai fronton will open only sometime after March next year, according to gaming company SJM Holdings Ltd’s chief executive, Ambrose So Shu Fai. Mr So told reporters that the government had been slow in issuing the construction permit for the...

Better lives for all our main aim, Chui says

Chief Executive Fernando Chui Sai On has said his government will give priority to legislation to improve people’s standard of living. Speaking on a visit to the province of Fujian, Mr Chui told reporters this meant the government would refrain from reviving a...

Precious metals exchange opens on Hengqin Island

The Hengqin Rare Precious Metals and Commodity Exchange has opened just over the border on Hengqin Island with a conference on commodities, finance and the Internet, Business Daily reports. The newspaper, without citing any sources, says the exchange is hoping to use...

Annual inflation rate slows to 4.51 pct in April

The annual rate of consumer price inflation slowed to 4.51 per cent last month from 5.1 per cent the month before, official data show. The Statistics and Census Service says higher rents for housing and the higher cost of eating in restaurants were the main drivers of...

Macau, HK aiming for legal cooperation deals soon

Law Reform and the International Law Bureau director Chu Lam Lam has said Macau and Hong Kong will endeavour to sign this year agreements on handing over criminal suspects in one city that seek refuge in the other, and on other forms of legal cooperation. Ms Chu says...

Wheel of Fortune

Another casino opening, another delay. Yesterday, SJM chief executive Ambrose So added the venerable Jai Alai to the lengthening list. Announcing the opening has been postponed to after Q1 2016 at least. Following the resumption of construction works in the renovation...

Hengqin’s big bucks bourse

100 billion yuan in transactions per month for starters. The 1st Hengqin FTA ‘Internet + Commodity + Finance’ High-End Summit kicked off yesterday. With plans to put Hengqin on the map as a new financial centre. The 1st Hengqin FTA ‘Internet + Commodity + Finance’...