12/01/2008
Macao registers trade deficit of $2.8 bln for first 10 months (People's Daily)
Macao's trade deficit for the first ten months of 2008 reached 22.24 billion patacas (2.8 billion U.S. dollars), with exports/imports ratio decreasing from 47.4 percent in the first ten months of 2007 to 38.7 percent in the same period of 2008, according to the figures Monday released by the city's Statistics and Census Service (DSEC). The DSEC said that total exports of goods fell by 16.1 ...
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12/01/2008
Macao's GDP rises 11.3% in Q3 but gaming revenue growth drops (People's Daily)
Macao's expenditure-based GDP (Gross Domestic Product) expanded by 11.3 percent year-on-year in real terms in the third quarter of 2008, with its gross gaming revenue growing at a far slower pace than the previous quarters, the city's Statistics and Census Service (DSEC) said on Monday. The DSEC figures showed that local gaming industry, the pillar of the Special Administration Region's (SAR) ...
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11/30/2008
Macao Trading Co. Makes Portuguese Colonialism Pretty (Gothamist)
The Employees Only crowd have joined forces with David Waltuck (chef/owner of Chanterelle and 2007 James Beard Award winner) to open Tribeca's Macao Trading Co., a big funky restaurant packed with antiques to evoke "the 1940s portside feel of Macao’s red lantern district." The space is bi-level and the menu's bi too, with Macao's history as a Portuguese colony reflected in both Chinese and ...
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11/29/2008
Macao's unemployment rate remains stable at 3.1% (People's Daily)
Despite the sweeping effects of the global financial crisis, Macao's unemployment rate for the period of August to October 2008 stayed stable at 3.1 percent, slightly up by 0.1 percentage point over the same period of last year, according to the figures Friday released by the city's Statistics and Census Service (DSEC). The DSEC figures showed that the unemployed population was 10,400, with ...
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11/28/2008
Macao to bring back stranded traveling residents in Thailand by air (Thailandnews.net)
The Macao Special Administration Region (SAR) government said Friday it has arranged a chartered plane to fly to Thailand, where anti-government protesters shut down the main airports, and carry the s...
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11/28/2008
Macao to bring back stranded traveling residents in Thailand by air (People's Daily)
The Macao Special Administration Region (SAR) government said Friday it has arranged a chartered plane to fly to Thailand, where anti-government protesters shut down the main airports, and carry the stranded Macao residents back home. Anti-government protesters in Bangkok, the capital of Thailand, besieged the city's two main airports on Thursday, leading to a large number of flight ...
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11/28/2008
Chinese taikonauts to visit Hong Kong, Macao (People's Daily)
Three Chinese taikonauts, who jointly carried out the country's maiden space walk, are scheduled to pay a six-day visit to Hong Kong and Macao. Zhai Zhigang, Liu Boming and Jing Haipeng are expected to tour the two special administrative regions on Dec. 5, said the Hong Kong and Macao Affairs Office of the State Council on Friday. Their itinerary was not made public but the taikonauts were ...
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11/28/2008
Bidding for Hong Kong-Zhuhai-Macao bridge project to start on Monday (China Economic Net)
Bidding for the design of the mega-project Hong Kong-Zhuhai-Macao Bridge will begin on Monday, a senior Hong Kong government official said on Thursday.
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11/30/2008
Las Vegas places a big bet on China's only gambling mecca (Miami Herald)
Nobody has put a bigger bet on Macao, the only place in China with legalized gambling, than the Las Vegas Sands Corp., which opened the 3,000-suite Venetian in 2007 as the cornerstone of a 20,000-room complex. Built to handle Macao's 55 percent annual growth in gambling, the casino is three times the size of the largest casino in Las Vegas.
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12/01/2008
Mobile net use explodes (Malaya)
Norwegian software maker Opera Software said that mobile phone Internet access is exploding. Opera said that, during 2008, use of its Mini browser on mobile phones more than tripled, reaching 5 billion page views in October.
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