Archive for February, 2008

Macau Retail Sales Continues to Rise by 16%

The value of retail sales for the fourth quarter of 2007 was estimated at MOP4.2 billion (US$525 million). Retail sales of watches, clocks & jewellery took the largest share of 17% of the total, which was followed by sales of motor vehicles (13%), goods in department stores (12%), goods in supermarkets (9%) and adults' clothing

Macau Casinos Eating up Land for Locals Homes

Local legislator and president of CAA City Planning and Engineering Consultants, Jose Sai-Peng Chui, presented diagrams showing how new land developments earmarked for urban development were switched to almost 100 per cent hotel and gaming use. Examples of the land reclamation in the NAPE district, to the east of Macau peninsula, and the Cotai Strip between

Editing the Macau Daily Times Without Fear

'Macau Daily Times' Chief Editor John Lawrence says the nearly 7-month-old newspaper reports news from mainland China "without fear or favour" There are two things I've always wanted to do: Write my own newspaper column and -- more recently -- edit a daily newspaper. I got the first chance in the 1980s and 1990s when I started

Macau Light Railway Moves on To Next Phase

The Macau government has selected seven international companies to present proposals for consultation on the first phase of construction of the light railway that is due to be finished in 2011, officials said Thursday. Extending over 20 kilometers, the light railway is expected to cost around 4.2 billion patacas (US$525 million). The Bureau for Transport Infrastructure of

Manchester United Experience Opens at Venetian Macao

Asia's first Manchester United merchandising store opened its doors yesterday to a throng of fans and media pushing for a glimpse of retired star Ole Gunner Solskjaer. Many of the more than 150 local and Hong Kong fans waited for more than four hours for the former English Premier League star to open the first

Melco PBL Losses Narrows Thanks to Crown Macau

Melco PBL Entertainment Ltd., a developer and owner of casinos and resorts in Macau, said Tuesday its fourth-quarter loss narrowed, helped by results from its Crown Macau casino.The company's quarterly loss narrowed to $36.5 million, or 3 cents per share, compared with a loss of $53 million, or 5 cents per share in the prior-year

Beside Soaring Profits MGM Mirage Will Go Ahead With Cotai Strip Project

There is little mention about their Macau Casinos, except on the Dec. 18 opening of the $1.25 billion MGM Grand Macau, a 50% joint venture in the Chinese gambling enclave of Macau, which had preopening and start-up expenses in the 2007 quarter of $25 million related to the preopening expenses at MGM Grand Macau. It

Wynn Macau to Open Diamond Suite Tower by 2010

Wynn Macau casino is one of the destinations that has made the island the number one gambling area in the world. The island is further expanding, making it hard for anyplace that will try and compete with Macau. Wynn Macau has announced that it too, will be expanding. The casino floor will be made bigger, to

“Art” Play Coming to Macau

[ April 25, 2008 8:00 pm to April 27, 2008 8:00 pm. ] “Art”, one of the most awarded and accomplished theatre comedies in the world, is set to be staged at the Macau Cultural Centre in April. This humorous play by French playwright Yasmina Reza about three friends and a pricey white painting has

Beiing 2008 Olympic Torch in Macau on May 3 2008

The Beijing 2008 Olympic Games Torch will arrive in Macau on May 3, where the eight-hour journey will begin at the Macau Fisherman's Wharf and will see 120 torchbearers covering 120 relay points across Macau, Taipa and the Cotai. The torch relay will start at the Macau Fisherman’s Wharf and pass 120 relay points along scenic