Year II
Number 507 Monday March 31, 2014
Publisher: Paulo A. Azevedo
MOP 6.00
business daily 1
Friday April 19, 2013
Bar to progress
Interview The calibre of local Bachelor’s Degree law graduates is declining. And some judges are not that good, either, claims local high profile lawyer Manuela António. The longtime Macau resident tells Business Daily that while gaming operators represent a good source of revenue there are “many other important areas” of business. Page
www.macaubusinessdaily.com
Red to black Last year was way better for Success Universe. The company improved Ponte 16 earnings and reduced losses in its mainland sports lottery interests. Page
3
6&7
Construction slowdown hits profits
February was a good month for Macau exports Page 4
Number 1 Macau is low cost Jetstar Pacific’s first international destination. The Vietnamese carrier locks its radar on the city’s minimal competition and the potential of the Pearl River Delta market. Page
4
NAPE: 210 flats sold in just 48 hours Page 9
The tight labour market has slowed the construction of two large-scale home projects. Developer Polytec Asset Holdings did the maths and says earnings might have plunged a massive HK$10 billion. Page
8
Brought to you by
HSI - Movers March 28
Name
%Day
China Resources Ent
7.35
Tingyi Cayman Isl
4.73
China Merchants H
4.31
Hengan Internat
4.23
China Shenhua Energ
3.03
Hutchison Whampoa
-0.86
BOC Hong Kong Hold
-1.14
Cathay Pacific Airw
-1.49
Want Want China H
-2.21
CITIC Pacific Ltd
-4.76
Source: Bloomberg
Ring-a-ding MTEL hopes to start ringing fixed lines in November. And says it will always be cheaper then CTM. The sound of MTEL promises were still in the air when CTM counter-attacked. Tomorrow, the company will lower leased-line charges by up to 21 percent. Page
5
Making a killing
I SSN 2226-8294
Melco International Development Ltd revenues surged by almost a quarter and approved a semi-annual dividend. Wynn Macau also announced good news: casino revenues grew 10.6 percent and profit climbs to HK$7.7 billion. Page
2
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