Macau Company Registrations On The Way Up

Information from the Statistics and Census Service showed that in 2006, 3,110 newly incorporated companies were established, with MOP557.63 million in registered capital. Compared with 2005, the number of newly incorporated companies went up 1.2% whereas their registered capital decreased by 6.4%. These newly incorporated companies were mostly in the Wholesale and Retail sector (905). Among

Stanley Ho’s Geo Capital to take stake in Cahora Bassa dam

An article about Stanley Ho's continued offshore investments expansion Mozacapital, accompany linked to Geo Capital owned by Macau businessman Stanley Ho, is expected to take a stake in the Cahora bassa Hydroelectric Dam (HCB), which South Africa will not be a part of, the Africa Monitor newsletter reported Full article here Stanley Ho News

Macau Gets Over 81,000 Daily Visitors up by 23% on 2006

benefited from the National Day holidays, number of visitor arrivals reached 2,430,414 in October 2007, representing a year-on-year increase of 22.1%. Visitors from Mainland China and Hong Kong rose by 28.9% and 8.1% respectively, whereas those from Taiwan, China dropped by 5.5%. Meanwhile, same-day visitors accounted for 52.7% of the total arrivals, at 1,280,949. The majority

Las Vegas Sands 2-Q profit up 27%

Comment - As mentioned before Las Vegas Sands has had a head start on Wynn Resorts, which so far has outlayed cash but as yet has to see a return on its Wynn Macau Resort due to open on September 6. It just shows that Macau is the place to be, whilst Las Vegas dropped

Unemployment in Macau Down to 3.0%

Unemployment rate for August-October 2007 was 3.0%, down by 0.1 percentage point over the previous period (July-September 2007) or 0.6 percentage point year-on-year. The underemployment rate went up by 0.1 and 0.3 percentage point over the previous period and the same period of 2006 respectively to 1.2%. Total labour force was estimated at 318,400, with a

Macau Government Tourist Office appoints Gary Grimmer

An article about Macau Tourist Office The Macau Government Tourist Office (MGTO) has appointed experienced congress industry manager and consultant Gary Grimmer as adviser for the development of business tourism in Macau. Full article about Macau Tourist Office

20th Macau International Music Festival | 6 October to 5 November 2006

An article about Macau Music Festival  The 20th anniversary of the MIMF is celebrated with a touch of romanticism. Jazz, classical, electronica, Chinese folk-pop, rock and fado will fill Macau's autumn nights with magic. The eclectic programme of 28 performances promises to delight Macau audiences, accustomed to the festival's annual offering of some of the best

Macau Corruption Protest Video

This is an interesting video about the Macau Parade Against Corruption! Courtesy : UnCutVideo

Crime in Macau on the Rise

The number of crimes recorded in the first quarter of this year saw a slight increase of 8.6% compared with the same quarter last year, with serious assaults down by 55.6% while robbery and theft up by 34%. Releasing the crime statistics for the first quarter of 2008 at a press conference today, the Secretary for

Macau On Target For 30 Million Visitors in 2008

Macau received 7.5 million visitors in the first quarter of 2008, which was a rise of 17.9 percent against the same period of 2007. The number of visitors from mainland China was 4.38 million, which was a rise of 22.6 percent, while the number of visitors from Hong Kong and Southeast Asia rose 3.3 and 63.3