Archive for March, 2007

Fine Dining At Crown Macau

Crown Macau, a luxurious six-star hotel and casino development in Macau, has revealed the range of world class dining venues it will offer upon opening. One of Tokyo's most exclusive tempura restaurants, Tenmasa, chic French restaurant Aurora, plush Cantonese restaurant Ying (???), and the authentic Japanese restaurant Kira will be some of the culinary options

Macau's Gambling Problem

As we mentioned before, there is too much of a good thing in Macau! A small population of 508,000 with a workforce of 260,000 people, that needs to be 400,000 people by 2010. This is to support all those new casino's, hotels and resorts that will be sprouting up all over Macau. And we have

Too Many Jobs, Not Enough People

We know already Macau is busting at it's seams. But two recent articles are bringing doom but not gloom. There are just too many jobs but not enough people for those jobs in Macau. Macao's booming casino industry is to need at least 50,000 croupiers in 2009, The Macao Post Daily quoted Joao Bosco Cheang Hong

US Food Chain P.F. Chang to Introduce Macanese Food

From this coming September, the US Chinese food chain P.F. Chang's will introduce Macanese food in the menus of its 155 restaurants. Company managers announced the launch date of the promotion during their visit to Macau last week. Between September and December 2007, the 17 million customers of the casual dining restaurant chain will have a

Richard Tsiang Talks About MGM Grand Macau

As senior vice-president of MGM Grand Macau, MGM Mirage's joint venture in Asia, Richard Tsiang is busy, constantly switching languages as the phone callers and the visitors streaming through the office seek instant answers. Tsiang is recruiting 6000 staff and helping oversee the construction of a 31-storey, 600-room, five-star hotel and casino in Macau, financially

LifeBrandz to Open Buddha-bar at Venetian Macao

LifeBrandz is pleased to announce that it has signed an agreement to launch a 35,000 square feet Buddha-bar as the anchor entertainment concept in The Venetian Macao Resort Hotel, bringing this legendary restaurant club to Asia for the first time. The Venetian Macao Resort Hotel is set to open by the third quarter of 2007, and

Macau’s Rock Hotel Rock’s

In a destination increasingly famous for large ultra-modern casino hotels, the opening of the Rocks Hotel in Macau's Fisherman's Wharf has added a touch of old-style class reminiscent of Europe over 100 years ago. The 72 rooms and suites offer sea views (from your antique bathtub), a 32-inch LCD screen and free in-room broadband internet service.

Macau Government Pledges to Safeguard Depositors

The Secretary for Economy and Finance, Mr Francis Tam Pak Yuen, today expressed his deep regret over the US Treasury Department designating Banco Delta Asia ("BDA") as a financial institution that has laundered money. He stressed that the Macao Government would continue to act accordingly in the interest of and to protect depositors. When asked by reporters,

Ayala Group to Build Residential Project

The Ayala group, which is over 170 years old, has interests in sectors such as real estate, banking and telecommunications and management and development of drinking water distribution networks. Philippine group Ayala, owned by one of the country's richest families, has invested some US$100 million in two real estate projects in Macau and Beijing. The Ayala

Macau Regrets US Banco Delta Asia Decision (Update)

The Monetary Authority of Macao (AMCM) is aware of the latest announcement on a final rule concerning Banco Delta Asia as a ‘primary money laundering concern’. Regarding the decision of the United States Department of the Treasury, AMCM expresses its deep regret. The MSAR Government will soon make an official response. In response to the development,