Macau business daily, Feb 27, 2014

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MOP 6.00

T

he government will update the Legislative Assembly on construction of the city’s light rapid transit system on Taipa, and announce the new route across the Macau peninsula by the middle of next month. “It’s the government that requested to explain to us the progress of the LRT construction in Taipa, as well as what they are planning to do with the transit route on the southern section

of Macau peninsula,” said Ho business daily 1 Ion Sang, the president of the special committee on land and public concession affairs. Transportation Infrastructure Office director Lei Chan Tong said last month the government had hoped to wrap up the Taipa section of the city’s light rail network between the end of next year and 2016. More on page

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Year II

Number 485 Thursday February 27, 2014

Publisher: Paulo A. Azevedo

Closing Editor: Michael Grimes

Downtown LRT route announced by mid-March

Friday April 19, 2013

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End election vote-buying says prosecutor

Hang Seng Index 22487

22449

T

he electoral law should be changed to prevent local associations offering free meals and trips that could sway voters during the Legislative Assembly elections, assistant public prosecutor-general Vong Vai Va told the media yesterday. The Public Prosecutions Office proposes a maximum three-year prison sentence for anyone found guilty of making any offers to voters of “positions at public or private entities,” or offering “things or interests” to them. The law would come into effect starting from the day any legislative election date is announced. Page

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Visitor satisfaction improves

Bank card security toughened

Visitors to the territory showed on average an improvement in their level of satisfaction during the fourth quarter of last year. The latest figures released by the Institute for Tourism Studies (IFT) indicate that the tourist satisfaction index was 70.4 on a scale of one to 100. This is a slight increase of one index point over that of the previous quarter.

From July the territory’s banks will introduce new security measures for the bank cards they issue to customers. The Monetary Authority of Macao confirmed the fact in a written reply to a legislator. The authority told legislator Kwan Tsui Hang that all debit cards issued by the city’s banks must be replaced by chip-based cards “on or before June 30, 2014”.

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SJM profit beats estimates

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Page

MGTO backs 2-centre tours Page

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4

22373

22335

22297

February 26

HSI - Movers Name

%Day

CHINA PETROLEU-H

4.08

CHINA OVERSEAS

3.47

POWER ASSETS HOL

2.78

SANDS CHINA LTD

2.74

TINGYI HLDG CO

2.68

CHINA RES ENTERP

-0.93

HANG SENG BK

-0.95

BOC HONG KONG HO

-1.05

HENDERSON LAND D

-1.27

WHARF HLDG

-1.31

Source: Bloomberg

I SSN 2226-8294

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HK editor hacked with cleaver Page

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2014-2-27

2014-2-28

2014-3-1

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Macau business daily, Feb 27, 2014 by Business Daily - Issuu