Macau Business Daily, March 26, 2014

Page 1

Year II

Number 504 Wednesday March 26, 2014

Publisher: Paulo A. Azevedo

MOP 6.00

business daily 1

Friday April 19, 2013

The three months the government had to solve the Reolian case is not enough. A time extension will be requested of the court, Business Daily can confirm. The new contracts that must change after criticism from the Commission Against Corruption and the business plan need three more months. Page

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www.macaubusinessdaily.com

MICE nibbles away The meetings and exhibitions industry has already carved out 1 percent of Macau’s GDP for itself. A study reveals growth potential but staff turnover of almost 90 percent is a daunting problem. Page

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7th MICEF goes green, and watches the pennies Page 4

Lawsuit overshadows CSR tender win Page 5

Larger than life

Brought to you by

China Life Macau had a 2013 to remember. By doubling its premium income it is now threatening AIA’s leadership. The Macau life insurance market is worth almost 5 billion patacas. Page

5

Aviation security satisfactory

HSI - Movers March 25

Name

%Day

Wharf Holdings Ltd

3.08

Hang Lung Propert

2.64

Tingyi Cayman Isl

2.21

Henderson Land Dev

1.88

China Merchants H

1.81

CNOOC Ltd

-1.97

China Overseas Land

-2.31

COSCO Pacific Ltd

-2.35

China Mengniu Dairy

-3.79

Tencent Holdings

-4.86

Source: Bloomberg

I SSN 2226-8294

Macau Security Company Ltd (SEMAC) has responded to a legislator’s barb that security is slipping at Macau International Airport. Low pay and ‘unsatisfactory welfare terms’ are cited as reasons. Supporting SEMAC’s rebuttal of declining standards, Macau International Everyone knows Hong Kong’s future is tightly linked Airport Co Ltd told Business Daily the company was to China’s currency but recent information shows how awarded the contract on the basis of its expertise. ingrained such exposure is and what risks it involves.

HK addicted to yuan

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2014-3-26

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2014-3-28

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Macau Business Daily, March 26, 2014 by Business Daily - Issuu