July 7, 2006 | ShanghaiDaily | THE growth in average prices for residential properties in China's mainland will slow to below 5 percent over the next two years, while Shanghai's housing prices are likely to drop further by 15 percent, an industry report forecast yesterday. As a result of the changes in the supply structure, average

HONG KONG, June 5 (Reuters) - Cambodian casino operator NagaCorp plans to raise between HK$400 million and HK$600 million (US$51-US$77 million) in a Hong Kong initial public offering to be launched this month, a newspaper reported on Monday. The listing hearing of NagaCorp was scheduled for this month, before a proposed share sale of casino mogul

MACAU -- (PRESS RELEASE) -- As the hotspot gaming city in the region, Macau is gradually becoming a major home to large-scale gaming exhibitions in Asia, but it still lags behind in M.I.C.E. support in holding such big events. Yet that gap is expected to be narrowed as Asian Gaming Expo returns to Macau, following

June 21, 2006 | MacauBusiness | A government scheme offering a Macau identity card to Mainland residents and other outsiders investing in the territory's property market is still proving popular, despite a tightening of the rules. In six years 7,939 people and their dependents have been issued with the sought-after IDs that can open doors to

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

Macau - Tougher visa controls on mainland Chinese visitors led Macau to post a 10 per cent fall in gaming revenue in the third quarter from the previous quarter, a media report said Monday.The July-September figure of 25.98 billion patacas (3.25 billion dollars) was down from 28.88 billion patacas in the second quarter, the South

Three more children in the southern Chinese gambling enclave of Macau have developed kidney stones after drinking milk that may have been be tainted with the industrial chemical melamine, bringing the total number of sick children to seven, the government said.Neighboring Hong Kong has recently reported 10 cases in the Chinese milk scandal that has

The government of Macau Tuesday said it would provide unlimited bank guarantees on deposits in Macau banks, estimated at a total of US$32.5 billion (260 billion patacas), MacauNews reported Wednesday.Macau’s Secretary for the Economy and Finance, Francis Tam said at a press conference that the government would, “provide loans or capital to banking isntitutions that

The Government will introduce a series of measures to limit the employment of foreign workers, to boost the employment of local workers in Macao. This was announced by the Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, when attended a special meeting in the Legislative Council. Mr Tam gave details of the measures to legislators

Brezac Artificef from France netted the top prize, while Japan’s Tamaya Art Pyro Technics and Chinese Taiwan’s Wan Dar Fireworks Mfg took second and third places in the Wynn Macau - 20th Macau International Fireworks Display Contest at a ceremony held at the Macau Tower Convention and Entertainment Center. Macau Government Tourist Office Director João Manuel