Jul 29, 2014,

Macau Latest News

Trade union demands pay talks with Sands ChinaCroupiers, inspectors and supervisors complain to Labour Affairs Bureau
Gaming industry sheds 1,500 employeesCasinos, shops and restaurants employ fewer workers, builders employ more
Cafés may just be a flash in the pan, owners fearThink café business may evaporate like that of Taiwan-style tea shops
Mainland rejects unsafe R-Cherikoff productsCompany recalls almond cakes and egg rolls suspected of being substandard
Monetary Authority open to sovereign wealth fundWhether the govt will set up such a fund any time soon is another matter

Headlines

Nomura detects strong mass-market gaming trendsBut thinks below-average win rate curbed VIP revenue in week ended July 27

Inside Macau Business

Out of Africa Hundreds of mainland Chinese are immigrating to Macau after obtaining residency in an African country

A man of the people Local businessman Chan Meng Kam was the big winner in the last elections, but he does not think it is a sign of expanding influence

A roller coaster ride The local logistics industry claims it may face another crisis if the government fails to offer more support

Premium office prices jump eight-fold since 2009 The demand for high-end workspace in Macau is pushing prices to record levels.

Kicked out of Macau Some residents are starting to opt for Zhuhai as a place to hang their hat even though they work in Macau, driven by exhorbitant real e

Bad air alert Air quality in Macau is worst between September and February, at which time the most dangerous pollutants to human health reach high le

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Voting Poll

What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
  
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