Chinese New Year

Chinese New Year

Chinese New Year is the most important and colorful Chinese festival celebrated by the majority of the local population, where shops, offices, factories close for this traditional holiday. During ten days there are a huge number of events celebrating the New Year. The...

Tourist price annual inflation 2.43 pct in 2014Q4

The annual rate of tourist price inflation was 2.43 percent in the fourth quarter of last year, official data show. The Statistics and Census Service attributes the inflation mainly to the higher cost of eating in restaurants and higher prices for food bought...

Hooters restaurant chain to be extended to Macau

US restaurant chain Hooters intends to enter the Macau market in the next six years, the operator says. Hooters of America LLC says this is part of its plan for expansion in East Asia, which also envisages restaurants in Cambodia, Hong Kong, Indonesia, Laos, Malaysia,...

Sands China net profit hits US$2.55 bln in 2014

Macau casino operator Sands China Ltd made a net profit of US$2.55 billion (MOP20.36 billion) last year, 15.4 percent more than the year before. The company announced that its annual net revenue increased by 6.8 percent to US$9.57 billion. Its adjusted property...

Absence of ‘no smoking’ sign earns MOP100,000 fine

The Health Bureau says it has fined the City of Dreams casino-resort MOP100,000 (US$12,524) for failing to put up a sign prohibiting smoking in a section of its casino. The bureau says it ordered the City of Dreams to put up a sign but the casino-resort disobeyed. The...

Hurdles face junket operator listings, paper says

The mainland’s campaign against corruption is a  big obstacle to Macau VIP gaming promoters Iao Kun Group Holdings Co Ltd and Sing Hou Entertainment Group Ltd listing their shares at the Hong Kong Stock Exchange, Apple Daily reports. The Hong Kong Chinese-language...

Former govt secretary made science fund councillor

Chief Executive Fernando Chui Sai On has appointed his former secretary for transport and public works, Lau Si Io, to the curators council of the Science and Technology Development Fund, the Official Gazette says. The council has 10 members. The chief executive...

Owls of delight

It’s conquered the US and Australia. Now American restaurant chain Hooters is betting big in Asia. With plans to enter Macau with its female sex appeal and ‘girl next door’ appeal. read...

Junkets' listing not so easy

Headwinds buffeting Macau junkets seem unstoppable. Plunging revenues have already elbowed several promoters out of the market. While Beijing’s anti-graft campaign continues at full steam. read...

Pass to the Mainland

Macau Pass is confident. Announcing yesterday that it’s talking to the gov’t about joining a national city card programme in Mainland China. If all goes well, Macau Pass card users could pay for bus fares and consume via their cards in 50 mainland cities. read...