Section: Government

China beat USA at Women's Vollyball Grand Prix in Macau

Well Olympic and World Cup champion are off to a good start!Full article by XINHUA - The United States, coached by China's volleyball legend Lang Ping, imposed great pressure on the Chinese team, as the Americans managed to claim the first game, 27-25.Technorati Tags: women's volleyball grand prix, macau

Mainland housing market to slow, Macau buyers to be restricted

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

Cambodian casino seeks up to $77 mln in HK IPO-paper

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 on Its Way to Major Exhibition City

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

Buy One, Get One Free

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

Macau Corruption Protest Video

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

China Visa Controls Hurting Macau Gaming Revenues

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

3 More Children From Macau Sick After Drinking Milk

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

Macau Government Guarantees Unlimited Bank Deposits Until 2010

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

Foreign Workers Will Face New Measurement Of Employment

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