MOP 6.00
Debatebusiness urged daily 1 on a casino smoking ban
Friday April 19, 2013
www.macaubusinessdaily.com
Year II
Number 484 Wednesday February 26, 2014
Publisher: Paulo A. Azevedo
Closing Editor: Michael Grimes
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Sniper profits on Zhuhai property deal Page 5
Hotel room numbers to near-double
Boston mulls Hengqin hospital plan M
assachusetts General Hospital, the Harvard Medical School teaching hospital in the United States, intends to set up a branch on Hengqin Island, the hospital’s prospective partner in the venture has said. A spokesperson for the prospective partner, the state-run Guangdong
Provincial Hospital of Traditional Chinese Medicine, confirmed the fact to Business Daily. “How we’ll cooperate in managing this branch hospital is still under discussion,” the person said. “At this point we cannot reveal further details.” On this side of the border, Macau has one public hospital, Conde de São
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Januário General Hospital, and one private hospital, Kiang Wu Hospital, together serving a population of close to 600,000. Construction of a second public hospital near the Macau Dome in Cotai is due to finish in 2019. More on page
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Macao Water asks govt for more money
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M
acao Water Supply Co Ltd has asked the government for more money for providing the city with water, even though the company made a profit of about 50 million patacas (US$6.25 million) last year. The government last increased the water supply fee it pays the company last year, by 5.92 percent. The Marine and Water Affairs Bureau said in a press statement yesterday it “is conducting initial analysis” on the Macao Water’s request of a 16-percent hike in the water supply service charge. Page
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February 25
HSI - Movers
5
Name
Page
2
SANDS CHINA LTD
4.55
GALAXY ENTERTAIN
2.97
CITIC PACIFIC
2.01
BELLE INTERNATIO
1.82
CNOOC LTD
1.63
MTR CORP
-1.45
PING AN INSURA-H
-1.58
HSBC HLDGS PLC
-2.68
CHINA MERCHANT
-2.80
CHINA RES ENTERP
-5.51
Source: Bloomberg
4G network plans ‘taking shape’ Old school, new school Macau may not have too much longer to wait for fourthgeneration (4G) wireless telecommunications, almost a decade after it was first put to use in South Korea. The Bureau of Telecommunications Regulation says it is endeavouring to finish drawing up this year a proposal for issuing licences for 4G services. It added in a written response to questions from Business Daily it had been paying close attention to global trends.
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Classes at the University of Macau’s new 10.2 billion patacas (7.80 billion yuan or US$1.28 billion) campus on Hengqin Island began on February 12. But according to the university’s management, only general education courses in English, Portuguese and computer studies – as well as some courses for the Faculty of Law – are currently being taught there. For the first intake of students to the new site, it’s eerily quiet – for now. PageS
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