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Category: Business News

Grand Lisboa Palace to open in H2 of next year: So
Business News / International News

Grand Lisboa Palace to open in H2 of next year: So

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SJM Director Ambrose So Shu Fai said on Wednesday that the construction of Grand Lisboa Palace in Cotai would be completed by early next month, …

Locals’ jobless rate stays at 2.4%
Asia Pacific News / Business News / Social Affairs

Locals’ jobless rate stays at 2.4%

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Local residents’ unemployment rate remained unchanged year-on-year at 2.4 per cent in the May-July survey period, the Statistics and Census Bureau (DSEC) announced on Tuesday. …

China unveils world’s second largest solar power plant
Asia Pacific News / Business News / International News

China unveils world’s second largest solar power plant

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Days after Xi Jinping committed China to achieving carbon neutrality by 2060, the country opened its largest solar power plant — and the second largest …

Broad money supply continues to retreat
Asia Pacific News / Business News / Politics

Broad money supply continues to retreat

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Monetary Authority of Macao released statistics on Wednesday that showed broad money supply continued to fall in July. Meanwhile, both resident deposits and loans dropped …

Electoral body confirms single list for business-sector by-election
Asia Pacific News / Business News / Politics

Electoral body confirms single list for business-sector by-election

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Legislative Assembly Electoral Affairs Commission (CAEAL) President Tong Hio Fong has announced that a single list has been confirmed for the by-election of a business …

China’s CITIC Capital raises $2.8 billion in its biggest private equity fund
Asia Pacific News / Business News / Social Affairs

China’s CITIC Capital raises $2.8 billion in its biggest private equity fund

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CITIC Capital, the flagship alternative investment arm of Chinese financial conglomerate CITIC Group, said it raised $2.8 billion in its fourth China buyout fund, bolstering …

Lionel Leong warns economic headwinds to persist into Q3
Asia Pacific News / Business News / Social Affairs

Lionel Leong warns economic headwinds to persist into Q3

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Macau will continue to face economic headwinds into the third quarter, warned the Secretary for Economy and Finance on Monday, following dual revelations in past …

Sands vows to open Londoner as early as next year
Business News / Entertainment / Tourism

Sands vows to open Londoner as early as next year

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Las Vegas Sands President and Chief Operating Officer (COO Robert Goldstein said on Wednesday that the US$2.2 billion The Londoner Macao in Cotai set to …

Marketing expert suggests ‘art tourism’ to diversify
Business News / Tourism

Marketing expert suggests ‘art tourism’ to diversify

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Macau has a lot of non-gaming entertainment offerings but compared with Las Vegas the city is still catching up in terms of diversification, Macau International …

Mak Mak – Macau’s 1st IP brand for its tourism marketing strategy
Asia Pacific News / Business News / Tourism

Mak Mak – Macau’s 1st IP brand for its tourism marketing strategy

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“It is the first time that the Macau Government Tourism Office (MGTO) is using intellectual property (IP) branding, for Macau’s official tourism promotion mascot Mak …

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