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| ISSUE 93 - Jan 2012 |
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ARE WE BETTER OF?
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Post-handover Macau is certainly different and, in several areas, better than the colonial version |
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The role of professional management in family business governance
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Family business is still the most important component of the global economy today, and also the most common form of enterprise in the world. Not only is it vital to the family clan that owns and controls it, but it also plays a pivotal role in the whole socio-economic order. |
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Lost opportunity
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Plans to expand Coloane's role as Macau's green lung are ill-thought out and wasteful, says a prominent local architect |
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Master Plan blaster
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As our city enters a new era and begins to emerge from the financial doldrums, the need for master plan is crucial. Here, one of Macau's leading architects lays out a five-point vision for the future |
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Grooming for the future
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The explosive growth of the casino industry has brought many changes to Macau and its roughly 550,000 residents. Since 2002, numerous casinos have been added to Macau's portfolio of gaming venues. In 2003, there were 11 casinos, all owned by SJM, the only concessionaire at that time. |
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Missing the bus
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Lack of simple transport between Cotai and the historic centre of Macau may be preventing thousands of visitors from seeing the city's leading attractions |
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No green light
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World Environment Day in June was marked by a series of activities, but the festivities belied reality, as moves to enact green laws have been frozen since they were first mooted two decades ago |
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When the tables turn
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What a huge difference a year makes! Just twelve months ago, gaming gurus and Macau observers were clamouring about the acute labour shortage in Macau, and casino dons were beseeching the government to allow importation of more workers so that the newly reborn casino industry could reach its full potential. |
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Uncharted waters
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Nevada Gaming Control Boardr latest figures show that gross gaming revenues for the year ended June 2008 were almost 2 per-cent down on the 2007 result.
May was a particularly tough month, with statewide gaming revenue down 15.2 percent, and the Las Vegas Strip down a whopping 16.44 percent, year-on-year.
This is only the second [...] |
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Profitable properties
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For those seeking a nutshell summary of Macau's real estate sector in 2008, read on: The recent sale of two connected residential lots in Fai Chi Kei for 1.4 billion patacas, coupled with The Praia selling for 2,300 patacas per square foot has buoyed the local market. Yet, the 'best' is yet to come once the final transaction volume and value figures for the first quarter of this year come in. As for the remaining nine months, an upward price trajectory is almost a certainty for both commercial and residential – be it luxury or 'run-of-the-mill' – property |
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Wrestling with success
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Growth and prosperity are difficult to attain and once attained, are a challenge to maintain. In order to nourish the progress made in Macau – and solidify gains – it is important for all elements of the community to come together to meet the challenges |
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Embracing the meetings and events industry 10 strategic challenges
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Macau has been a place to meet since as far back as the 16th century
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Looking Good is Not Enough
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Deficiencies in raising awareness and lack of self-confidence are the main obstacles in developing the internet industry in Macau |
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| DJIA |
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| 2012-2-4 |  | | 15°C ~ 18°C |
| | 2012-2-5 |  | | 17°C ~ 20°C |
| | 2012-2-6 |  | | 17°C ~ 22°C |
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